Market after a positive start, the key benchmark indices are trading on a cautious note with negative bias backed by mixed cues from other Asian markets. The front line stocks are witnessing an extreme pressure on higher level amid central bank''s quarterly review of monetary policy. On a stock specific move, Tata Motors is trading higher by 5% an unexpected surge in first-quarter net profit.
During the last hours'' trading session, selling pressure has emerged across Banking, IT and Oil & Gas stocks while buying pressure has seen across Realty, Power and PSU counters.
Among the BSE sectoral indices Bankex, IT and Oil & Gas stocks dipped by 1.29%, 0.96% and 0.76% respectively, while the Realty and Power indices surged by 4.59% and 0.65% respectively.
Overall the market breadth is positive as 1,299 stocks are trading in green while 776 stocks are in red.
The BSE Sensex down by 63.77 points at 15,311.27 while NSE Nifty declined by 13.69 points at 4,558.6.
Besides, the BSE Mid Cap and Small Cap are trading higher by 44.92 points and 84.71 points at 5,514.42 and 6,227.45 respectively.
Losers from the BSE Sensex Pack are ICICI Bank Limited down by (2.12%) to Rs. 741.55, along with Reliance Industries by (1.98%) to Rs. 1,900.25, HDFC Bank by (1.89%) to Rs. 1,407.50, Infosys Tech by (1.74%) to Rs. 1,990, SBI by (1.47%) at Rs. 1,684.50, and Hindalco Industries by (1.18%) at Rs.92.
Losers from the NSE Nifty Pack are Gail India decreased by (3.28%) at Rs. 327.75 along with TCS Limited by (3.28%) at Rs. 484.15, Mahindra and Mahindra by (2.13%) at Rs. 780.9, Sterlite Industries Limited by (1.62%) at Rs. 600, ONGC by (1.60%) at Rs. 1,043.7 and SBI by (1.50%) at Rs. 1,697.15.
BSE Bankex is trading lower by (1.29%) or 107.54 points at 8,221.79. The top losers are ICICI Bank Limited declined by (2.12%) at Rs. 741.55 along with HDFC Bank by (1.89%) to Rs. 1,407.50, Axis Bank by (1.79%) at Rs. 921.8, Bank of India by (1.79%) at Rs. 326.85 followed by SBI by (1.44%) at Rs. 1,684.90.
BSE Realty is trading up by (4.59%) or 179.22 points at 4,087.93. The top gainers in the index are Unitech Limited inclined by (5.40%) to Rs. 92.75 along with Mahindra Life by (4.80%) to Rs. 291.70, DLF Limited by (4.59%) to 431, Housing Dev by (4.39%) to Rs. 287.50 followed by Ansal Infras by (4.38%) to Rs. 66.75.
During the last hours'' trading session, selling pressure has emerged across Banking, IT and Oil & Gas stocks while buying pressure has seen across Realty, Power and PSU counters.
Among the BSE sectoral indices Bankex, IT and Oil & Gas stocks dipped by 1.29%, 0.96% and 0.76% respectively, while the Realty and Power indices surged by 4.59% and 0.65% respectively.
Overall the market breadth is positive as 1,299 stocks are trading in green while 776 stocks are in red.
The BSE Sensex down by 63.77 points at 15,311.27 while NSE Nifty declined by 13.69 points at 4,558.6.
Besides, the BSE Mid Cap and Small Cap are trading higher by 44.92 points and 84.71 points at 5,514.42 and 6,227.45 respectively.
Losers from the BSE Sensex Pack are ICICI Bank Limited down by (2.12%) to Rs. 741.55, along with Reliance Industries by (1.98%) to Rs. 1,900.25, HDFC Bank by (1.89%) to Rs. 1,407.50, Infosys Tech by (1.74%) to Rs. 1,990, SBI by (1.47%) at Rs. 1,684.50, and Hindalco Industries by (1.18%) at Rs.92.
Losers from the NSE Nifty Pack are Gail India decreased by (3.28%) at Rs. 327.75 along with TCS Limited by (3.28%) at Rs. 484.15, Mahindra and Mahindra by (2.13%) at Rs. 780.9, Sterlite Industries Limited by (1.62%) at Rs. 600, ONGC by (1.60%) at Rs. 1,043.7 and SBI by (1.50%) at Rs. 1,697.15.
BSE Bankex is trading lower by (1.29%) or 107.54 points at 8,221.79. The top losers are ICICI Bank Limited declined by (2.12%) at Rs. 741.55 along with HDFC Bank by (1.89%) to Rs. 1,407.50, Axis Bank by (1.79%) at Rs. 921.8, Bank of India by (1.79%) at Rs. 326.85 followed by SBI by (1.44%) at Rs. 1,684.90.
BSE Realty is trading up by (4.59%) or 179.22 points at 4,087.93. The top gainers in the index are Unitech Limited inclined by (5.40%) to Rs. 92.75 along with Mahindra Life by (4.80%) to Rs. 291.70, DLF Limited by (4.59%) to 431, Housing Dev by (4.39%) to Rs. 287.50 followed by Ansal Infras by (4.38%) to Rs. 66.75.
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