The markets are still trading lower as huge selling pressure continued among the frontline indices. However, the second line indices are trading flat. The Realty, Power, Banking and Oil & Gas stocks remained out of favor today. However, Consumer Durables, Metal and Auto stocks are witnessing some buying interest. Further the positive opening of the European markets turned down the sentiments further.
The overall market breadth is positive as 1464 stocks are advancing while 1276 stocks are declining in BSE.
Sterlite Industries reported the top gainer from the BSE Sensex pack, as it is trading up by (4.54%) at Rs. 694.90 while ACC reported the top loser trading down by (7.03%) at Rs. 774.50.
BSE Sensex is trading down by 119.07 points or (0.80%) at 14,721.56 and the NSE Nifty is trading lower by 51.20 points or (1.13%) at 4,478.70.
The BSE Mid Cap decreased by 2.79 points or (0.05%) to 5,201.42 while the BSE Small Cap grew by 12.53 points or (0.20%) to 6,209.31.
The Realty index is trading with losses of 130.21 points or 3.23% at 3,905.28. Losers from this pack are Indiabull Real by 7.24% at Rs230.50, Omaxe by 3.57% at Rs102.60, Phoenix Mill by 3.39% at Rs142.50, DLF by 2.98% at Rs402.50, Ansal Infra by 2.75% at Rs68.90, Sobha Developers by 2.56% at Rs196.30 and Unitech by 2.17% at Rs90.20.
The Power index is trading with deep cut of 66.47 points or 2.25% at 2,890.58. Pulling it are Reliance Infra trading lower by 4.95% at Rs1236.50 along with Siemens by 3.79% at Rs475.50, Neyvelli Lignite by 3.76% at Rs138.20, GVK PowerInfra by 3.38% at Rs44.30, Suzlon Energy by 3.31% at Rs109.50, Tata Power by 3.32% at Rs1049.85, NTPC by 2.51% at Rs223 and Torrent Power by 2.38% at Rs143.70.
The most active shares on NSE are Satyam Computers trading at Rs 63.55 with a total traded quantity of 111947407 shares followed by Unitech trading at Rs.90.40 with a total traded quantity of 89857518 shares.
HDIL is trading lower by 1.51% at Rs302.55. Housing Development & Infrastructure Limited (HDIL) has entered in to a joint venture with Mumbai Metropolitan Region Development Authority (MMRDA) for development of 525 acre of land under Rental housing scheme at Virar.
As per the arrangement Company will develop approximately 13 million sq ft for rental space and hand it over to MMRDA free of cost and remaining approximately 39 million of sq ft space will be available to the Company for free sale.
On the global markets front, the European markets are trading lower as the FTSE 100, DAX and CAC 40 index are trading down by (1.13%), (0.18%) and (0.52%) respectively.
The overall market breadth is positive as 1464 stocks are advancing while 1276 stocks are declining in BSE.
Sterlite Industries reported the top gainer from the BSE Sensex pack, as it is trading up by (4.54%) at Rs. 694.90 while ACC reported the top loser trading down by (7.03%) at Rs. 774.50.
BSE Sensex is trading down by 119.07 points or (0.80%) at 14,721.56 and the NSE Nifty is trading lower by 51.20 points or (1.13%) at 4,478.70.
The BSE Mid Cap decreased by 2.79 points or (0.05%) to 5,201.42 while the BSE Small Cap grew by 12.53 points or (0.20%) to 6,209.31.
The Realty index is trading with losses of 130.21 points or 3.23% at 3,905.28. Losers from this pack are Indiabull Real by 7.24% at Rs230.50, Omaxe by 3.57% at Rs102.60, Phoenix Mill by 3.39% at Rs142.50, DLF by 2.98% at Rs402.50, Ansal Infra by 2.75% at Rs68.90, Sobha Developers by 2.56% at Rs196.30 and Unitech by 2.17% at Rs90.20.
The Power index is trading with deep cut of 66.47 points or 2.25% at 2,890.58. Pulling it are Reliance Infra trading lower by 4.95% at Rs1236.50 along with Siemens by 3.79% at Rs475.50, Neyvelli Lignite by 3.76% at Rs138.20, GVK PowerInfra by 3.38% at Rs44.30, Suzlon Energy by 3.31% at Rs109.50, Tata Power by 3.32% at Rs1049.85, NTPC by 2.51% at Rs223 and Torrent Power by 2.38% at Rs143.70.
The most active shares on NSE are Satyam Computers trading at Rs 63.55 with a total traded quantity of 111947407 shares followed by Unitech trading at Rs.90.40 with a total traded quantity of 89857518 shares.
HDIL is trading lower by 1.51% at Rs302.55. Housing Development & Infrastructure Limited (HDIL) has entered in to a joint venture with Mumbai Metropolitan Region Development Authority (MMRDA) for development of 525 acre of land under Rental housing scheme at Virar.
As per the arrangement Company will develop approximately 13 million sq ft for rental space and hand it over to MMRDA free of cost and remaining approximately 39 million of sq ft space will be available to the Company for free sale.
On the global markets front, the European markets are trading lower as the FTSE 100, DAX and CAC 40 index are trading down by (1.13%), (0.18%) and (0.52%) respectively.
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