Market after subdued opening, weighed by fall in RIL, the key benchmark indices traded volatile despite firm Asian stocks which supported domestic bourses in the mid morning trade. Also, buying in Realty and Metal stocks supported the barometer to edge higher.
Meanwhile, traders are skeptical about rollover positions from July 2009 contacts to August 2009 futures and options (F&O) contract ahead on Thursday, 30 July 2009.
On the sectoral front, out of 13 Indices, 7 indices advanced whereas 6 indices declined. Realty stocks advanced on expectation of flow of new contracts as government indicated robust thrust on the housing sector in the Union Budget 2009-10.
Metal stocks extended gains on firm gains on LMEX overnight. Auto stocks declined after a recent strong rally in last trading sessions.
The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,593 stocks traded so far, 1,483 shares advanced while 1,010 shares declined. Nearly 100 shares are unchanged.
The BSE Sensex is trading lower by 53.30 points at 15,325.65 whereas NSE Nifty is down by 14.15 points at 4,554.40.
The BSE Mid Cap is trading higher by 51.23 points at 5,433.05 and Small cap is trading up by 56.49 points at 6,106.69.
Major gainers from the BSE Sensex pack are Tata Power Limited surged 4.54% to Rs. 1,226.00 along with Hindustan Uniliver Limited 4.36% to Rs. 294.40, DLF Limited 4.23% to Rs. 410.30, Tata Steel Limited improved 1.84% to Rs. 448.00, Bharti Airtel Limited improved 1.28% to Rs. 420.80, Grasim Industries Limited gained 1.23% to Rs. 2,875.00, NTPC Limited gained 1.07% to Rs. 213.10, Reliance Communication Limited by 0.89% to Rs. 278.75, BHEL Limited by 0.58% to Rs. 2,216.00 and Sterlite Industries Limited by 0.41% to Rs. 655.60 among others.
Major losers from the BSE Sensex Pack are Reliance Industries Limited plunged 4.89% to Rs. 1,915.30, ONGC by 4.46% to Rs. 1,076.00, Hero Honda Motors Limited by 3.55% to Rs. 1,674.00, Tata Motors by 2.18% to Rs. 365.35, Housing Development Finance Co Limited by 1.83% to Rs. 2367.90, HDFC Bank by 1.40% to Rs. 1,431.40 and MAruti Suzuki Limited by 1.39% to Rs. 1,358.70.
The BSE Oil&Gas is lower by 381.20 points or 3.97% at 9,214.05. Stocks declined are Reliance Industries Limited 4.89% to Rs. 1,915.30, ONGC Limited 4.46% to Rs. 1,076.00, Reliance Petroleum Limited 4.46% to Rs. 120.00, Gail India Limited 2.21% to Rs. 344.40, Aban offshore Limited by 1.98% to Rs. 975.50, IOCL Limited by 0.97% to Rs. 514.80 and BPCL 0.97% to Rs. 447.50 among others.
Castrol India Limited zoomed 7.65% to Rs. 435.00 after net profit increased phenomenally 55% to Rs. 128.40 crore on a 2.56% rise in total income to Rs. 646.80 crore in Q2 June 2009 as against Q2 June 2008.
Godrej Consumer Products Limited spurted 5.28% to Rs. 218.40 after net profit increased significantly 75.9% to Rs 60.29 crore in Q1 June 2009 as against Q1 June 2008.
Asian Paints Limited galloped 3.30% to Rs. 1,351.00 after net profit increased significantly 67.8% to Rs 164.45 crore on a 17% rise in sales to Rs 1164.82 crore in Q1 June 2009 as against Q1 June 2008.
Phillips Carbon Black Limited surged 5% to Rs. 87.35 after the company posted a net profit in Q1 June 2009 after it had incurred losses at the net level in the past two quarters.
Jaiprakash Associates Limited gained 0.14% to Rs. 241.85 after net profit surged 292.3% to Rs. 491.18 crore on a 78.3% increase in sales to Rs 2067.08 crore in Q1 June 2009 as against Q1 June 2008.
Andhra Bank Limited spurted 2.02% to Rs. 90.80 after net profit increased in triple digit 230.10% to Rs. 256.22 crore in Q1 June 2009 as against Q1 June 2008.
Meanwhile, traders are skeptical about rollover positions from July 2009 contacts to August 2009 futures and options (F&O) contract ahead on Thursday, 30 July 2009.
On the sectoral front, out of 13 Indices, 7 indices advanced whereas 6 indices declined. Realty stocks advanced on expectation of flow of new contracts as government indicated robust thrust on the housing sector in the Union Budget 2009-10.
Metal stocks extended gains on firm gains on LMEX overnight. Auto stocks declined after a recent strong rally in last trading sessions.
The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,593 stocks traded so far, 1,483 shares advanced while 1,010 shares declined. Nearly 100 shares are unchanged.
The BSE Sensex is trading lower by 53.30 points at 15,325.65 whereas NSE Nifty is down by 14.15 points at 4,554.40.
The BSE Mid Cap is trading higher by 51.23 points at 5,433.05 and Small cap is trading up by 56.49 points at 6,106.69.
Major gainers from the BSE Sensex pack are Tata Power Limited surged 4.54% to Rs. 1,226.00 along with Hindustan Uniliver Limited 4.36% to Rs. 294.40, DLF Limited 4.23% to Rs. 410.30, Tata Steel Limited improved 1.84% to Rs. 448.00, Bharti Airtel Limited improved 1.28% to Rs. 420.80, Grasim Industries Limited gained 1.23% to Rs. 2,875.00, NTPC Limited gained 1.07% to Rs. 213.10, Reliance Communication Limited by 0.89% to Rs. 278.75, BHEL Limited by 0.58% to Rs. 2,216.00 and Sterlite Industries Limited by 0.41% to Rs. 655.60 among others.
Major losers from the BSE Sensex Pack are Reliance Industries Limited plunged 4.89% to Rs. 1,915.30, ONGC by 4.46% to Rs. 1,076.00, Hero Honda Motors Limited by 3.55% to Rs. 1,674.00, Tata Motors by 2.18% to Rs. 365.35, Housing Development Finance Co Limited by 1.83% to Rs. 2367.90, HDFC Bank by 1.40% to Rs. 1,431.40 and MAruti Suzuki Limited by 1.39% to Rs. 1,358.70.
The BSE Oil&Gas is lower by 381.20 points or 3.97% at 9,214.05. Stocks declined are Reliance Industries Limited 4.89% to Rs. 1,915.30, ONGC Limited 4.46% to Rs. 1,076.00, Reliance Petroleum Limited 4.46% to Rs. 120.00, Gail India Limited 2.21% to Rs. 344.40, Aban offshore Limited by 1.98% to Rs. 975.50, IOCL Limited by 0.97% to Rs. 514.80 and BPCL 0.97% to Rs. 447.50 among others.
Castrol India Limited zoomed 7.65% to Rs. 435.00 after net profit increased phenomenally 55% to Rs. 128.40 crore on a 2.56% rise in total income to Rs. 646.80 crore in Q2 June 2009 as against Q2 June 2008.
Godrej Consumer Products Limited spurted 5.28% to Rs. 218.40 after net profit increased significantly 75.9% to Rs 60.29 crore in Q1 June 2009 as against Q1 June 2008.
Asian Paints Limited galloped 3.30% to Rs. 1,351.00 after net profit increased significantly 67.8% to Rs 164.45 crore on a 17% rise in sales to Rs 1164.82 crore in Q1 June 2009 as against Q1 June 2008.
Phillips Carbon Black Limited surged 5% to Rs. 87.35 after the company posted a net profit in Q1 June 2009 after it had incurred losses at the net level in the past two quarters.
Jaiprakash Associates Limited gained 0.14% to Rs. 241.85 after net profit surged 292.3% to Rs. 491.18 crore on a 78.3% increase in sales to Rs 2067.08 crore in Q1 June 2009 as against Q1 June 2008.
Andhra Bank Limited spurted 2.02% to Rs. 90.80 after net profit increased in triple digit 230.10% to Rs. 256.22 crore in Q1 June 2009 as against Q1 June 2008.
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