Market after a subdued start, the key benchmark indices plunged on profit taking. Stocks witnessed phenomenal surge in past couple of sessions on spectacular results from heavy weights lifting sentiments. Indian government yesterday said it will prepare a back up plan to neutralize the impact of truant monsoon on agriculture and the Country''s economic growth.
Meanwhile, an index which gauges US economic prospects for the next six to nine months, increased in June for the third consecutive month, indicating the recession was drawing to a close.
On the sectoral front, out of 13 Indices, only 1 index advanced whereas 12 indices declined. Oil exploration firms were mixed after crude oil advanced on speculation that fuel demand will increase. Bank and Realty stocks fell on profit taking.
The Market breadth, indicating the overall strength of the market, was weak. On BSE, out of 2,576 stocks traded so far, 1,137 shares advanced while 1,347 shares declined. Nearly 92 shares are unchanged.
The BSE Sensex is trading lower by 133.19 points at 15,057.82 whereas NSE Nifty is down by 34.50 points at 4,467.75.
The BSE Mid Cap is trading lower by 9.92 points at 5,225.17 and Small cap is trading down by 0.1 points at 5,823.77.
Major gainers from the BSE Sensex pack are Maruti Suzuki Limited surged 1.30% to Rs. 1,224.00 along with Hero Honda Motors Limited 0.79% to Rs. 1,665.00, Wipro Limited 0.71% to Rs. 463.30, Tata Steel Limited improved 0.50% to Rs. 393.05, Sun Pharmaceuticals Limited improved 0.43% to Rs. 1,250.00, Hindustan Uniliver Limited gained 0.26% to Rs. 267.50 and Reliance Infrastructure Limited gained 0.25% to Rs. 1,138.70 among others.
Losers from the BSE Sensex Pack are TCS Limited plunged 3.82% to Rs. 481.00 along with Sterlite Industries Limited plunged 2.89% to Rs. 592.35, Jaiprakash Associates Limited 2.82% to Rs. 216.80, DLF Limited by 2.67% to Rs. 341.40, ACC Limited by 2.51% to Rs. 824.50, Mahindra & Mahindra Limited by 2.37% to Rs. 778.00, Tata Power by 2.16% to Rs. 1,131.10, BHEL by 2.15% to Rs. 2,226.60, NTPC Limited by 1.73% to Rs. 204.15 and ICICI Bank Limited by 1.63% to Rs. 774.30.
The BSE IT is lower by 51.77 points or 1.38% at 3,707.84. Stocks trading in green are TCS Limited plunged 3.82% to Rs. 481.00, Moser Baer Limited 3.21% to Rs. 76.95, Oracle Fin Limited 1.95% to Rs. 1,312.00, HCL Technologies Limited 1.90% to Rs. 229.45 and Infosys Technologies Limited 1.43% to Rs. 1,944.40 among others.
Sterlite Technologies Limited spurted 4.99% to Rs. 215.65 boosted by robust Q1 June 2009 results.
Thermax Limited fell 0.35% to Rs. 453.40 despite a strong order book gave revenue visibility.
KPIT Cummins Infosystems Limited weaken 2.53% to Rs. 55.80 after net profit fell 34.79% to Rs 16.25 crore in Q1 June 2009 as against Q4 March 2009.
Tata Steel Limited gained 0.50% to Rs. 393.05 after company launched an issue of global depository receipts (GDR).
Rane Brake Lining Limited jumped 10% to Rs. 58.30 after net profit spurted 232.5% to Rs 2.66 crore in Q1 June 2009 as against Q1 June 2008.
Era Infra Engineering Limited zoomed 3.83% to Rs. 139.45 after net profit jumped 239.5% to Rs 96.41 crore in Q1 June 2009 as against Q1 June 2008.
Triveni Engineering & Industries Limited gained 2.61% to Rs. 104.20 after net profit surged 61.8% to Rs 39.81 crore in Q3 June 2009 as against Q3 June 2008.
Meanwhile, an index which gauges US economic prospects for the next six to nine months, increased in June for the third consecutive month, indicating the recession was drawing to a close.
On the sectoral front, out of 13 Indices, only 1 index advanced whereas 12 indices declined. Oil exploration firms were mixed after crude oil advanced on speculation that fuel demand will increase. Bank and Realty stocks fell on profit taking.
The Market breadth, indicating the overall strength of the market, was weak. On BSE, out of 2,576 stocks traded so far, 1,137 shares advanced while 1,347 shares declined. Nearly 92 shares are unchanged.
The BSE Sensex is trading lower by 133.19 points at 15,057.82 whereas NSE Nifty is down by 34.50 points at 4,467.75.
The BSE Mid Cap is trading lower by 9.92 points at 5,225.17 and Small cap is trading down by 0.1 points at 5,823.77.
Major gainers from the BSE Sensex pack are Maruti Suzuki Limited surged 1.30% to Rs. 1,224.00 along with Hero Honda Motors Limited 0.79% to Rs. 1,665.00, Wipro Limited 0.71% to Rs. 463.30, Tata Steel Limited improved 0.50% to Rs. 393.05, Sun Pharmaceuticals Limited improved 0.43% to Rs. 1,250.00, Hindustan Uniliver Limited gained 0.26% to Rs. 267.50 and Reliance Infrastructure Limited gained 0.25% to Rs. 1,138.70 among others.
Losers from the BSE Sensex Pack are TCS Limited plunged 3.82% to Rs. 481.00 along with Sterlite Industries Limited plunged 2.89% to Rs. 592.35, Jaiprakash Associates Limited 2.82% to Rs. 216.80, DLF Limited by 2.67% to Rs. 341.40, ACC Limited by 2.51% to Rs. 824.50, Mahindra & Mahindra Limited by 2.37% to Rs. 778.00, Tata Power by 2.16% to Rs. 1,131.10, BHEL by 2.15% to Rs. 2,226.60, NTPC Limited by 1.73% to Rs. 204.15 and ICICI Bank Limited by 1.63% to Rs. 774.30.
The BSE IT is lower by 51.77 points or 1.38% at 3,707.84. Stocks trading in green are TCS Limited plunged 3.82% to Rs. 481.00, Moser Baer Limited 3.21% to Rs. 76.95, Oracle Fin Limited 1.95% to Rs. 1,312.00, HCL Technologies Limited 1.90% to Rs. 229.45 and Infosys Technologies Limited 1.43% to Rs. 1,944.40 among others.
Sterlite Technologies Limited spurted 4.99% to Rs. 215.65 boosted by robust Q1 June 2009 results.
Thermax Limited fell 0.35% to Rs. 453.40 despite a strong order book gave revenue visibility.
KPIT Cummins Infosystems Limited weaken 2.53% to Rs. 55.80 after net profit fell 34.79% to Rs 16.25 crore in Q1 June 2009 as against Q4 March 2009.
Tata Steel Limited gained 0.50% to Rs. 393.05 after company launched an issue of global depository receipts (GDR).
Rane Brake Lining Limited jumped 10% to Rs. 58.30 after net profit spurted 232.5% to Rs 2.66 crore in Q1 June 2009 as against Q1 June 2008.
Era Infra Engineering Limited zoomed 3.83% to Rs. 139.45 after net profit jumped 239.5% to Rs 96.41 crore in Q1 June 2009 as against Q1 June 2008.
Triveni Engineering & Industries Limited gained 2.61% to Rs. 104.20 after net profit surged 61.8% to Rs 39.81 crore in Q3 June 2009 as against Q3 June 2008.
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