The markets slipped off from the session highs in the afternoon trade as selling pressure emerged at higher level. Further the negative opening of the European markets also turned down the sentiments. The buying activity continued among the FMCG, Banking, Consumer Durables and Oil & Gas stocks. However, Realty and Tech index are witnessing some selling pressure.
The overall market breadth is positive as 1380 stocks are advancing while 1261 stocks are declining in BSE.
Tata Motors reported the top gainer from the BSE Sensex pack, as it is trading up by (6.35%) at Rs. 420.50 while Bharti Airtel reported the top loser trading down by (3.31%) at Rs. 409.50.
The BSE Sensex is trading up by 214.97 points at 15,602.93 and the NSE Nifty is trading higher by 50.25 points at 4,621.70.
The BSE Mid Cap increased by 50.12 points to 5,556.52 and the BSE Small Cap grew by 8.93 points to 6,212.94.
The FMCG index is trading with gains of 66.29 points or 2.50% at 2,720.43. Leading from the gainers pack are United Spirits trading up by 6.21% at Rs. 1019 along with Nestle Limited by 6.04% at Rs. 2197.75, Godrej Cons by 2.61% at Rs. 220.45, Ruchi Soya by 2.35% at Rs. 60.95, HUL by 2.34% at Rs. 288.45, ITC by 2.29% at Rs. 248.35 and United Brew by 1.94% at Rs. 147.30.
The Bankex index is trading up by 169.43 points or 2.04% at 8,475.34. Gainers from this pack are SBI trading up by 5.58% at Rs. 1818.90 followed by Kotak Bank by 4.37% at Rs. 656, Indus Ind bank by 2.90% at Rs. 87, Federal bank by 2.40% at Rs. 243.60 and Bank of Baroda by 2.20% at Rs. 434.70.
The most active shares on NSE are Unitech trading at Rs. 91.90 with a total traded quantity of 47075139 shares followed by Suzlon Energy trading at Rs. 99.40 with a total traded quantity of 37055838 shares.
Great Eastern Shipping Company Limited (GE Shipping) is trading up by 1.27% at Rs. 255.70. The company posted a net profit after tax of Rs 1262.80 million for the quarter ended June 30, 2009 as compared to Rs 3875.90 million for the quarter ended June 30, 2008.
Total Income has decreased from Rs 9914.80 million for the quarter ended June 30, 2008 to Rs 6290.20 million for the quarter ended June 30, 2009.
On the global markets front, the European markets are now trading lower as the FTSE 100, DAX and CAC 40 index are trading down by (0.17%), (0.35%) and (0.23%) respectively.
The overall market breadth is positive as 1380 stocks are advancing while 1261 stocks are declining in BSE.
Tata Motors reported the top gainer from the BSE Sensex pack, as it is trading up by (6.35%) at Rs. 420.50 while Bharti Airtel reported the top loser trading down by (3.31%) at Rs. 409.50.
The BSE Sensex is trading up by 214.97 points at 15,602.93 and the NSE Nifty is trading higher by 50.25 points at 4,621.70.
The BSE Mid Cap increased by 50.12 points to 5,556.52 and the BSE Small Cap grew by 8.93 points to 6,212.94.
The FMCG index is trading with gains of 66.29 points or 2.50% at 2,720.43. Leading from the gainers pack are United Spirits trading up by 6.21% at Rs. 1019 along with Nestle Limited by 6.04% at Rs. 2197.75, Godrej Cons by 2.61% at Rs. 220.45, Ruchi Soya by 2.35% at Rs. 60.95, HUL by 2.34% at Rs. 288.45, ITC by 2.29% at Rs. 248.35 and United Brew by 1.94% at Rs. 147.30.
The Bankex index is trading up by 169.43 points or 2.04% at 8,475.34. Gainers from this pack are SBI trading up by 5.58% at Rs. 1818.90 followed by Kotak Bank by 4.37% at Rs. 656, Indus Ind bank by 2.90% at Rs. 87, Federal bank by 2.40% at Rs. 243.60 and Bank of Baroda by 2.20% at Rs. 434.70.
The most active shares on NSE are Unitech trading at Rs. 91.90 with a total traded quantity of 47075139 shares followed by Suzlon Energy trading at Rs. 99.40 with a total traded quantity of 37055838 shares.
Great Eastern Shipping Company Limited (GE Shipping) is trading up by 1.27% at Rs. 255.70. The company posted a net profit after tax of Rs 1262.80 million for the quarter ended June 30, 2009 as compared to Rs 3875.90 million for the quarter ended June 30, 2008.
Total Income has decreased from Rs 9914.80 million for the quarter ended June 30, 2008 to Rs 6290.20 million for the quarter ended June 30, 2009.
On the global markets front, the European markets are now trading lower as the FTSE 100, DAX and CAC 40 index are trading down by (0.17%), (0.35%) and (0.23%) respectively.
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US stocks dropped on Tuesday, giving the S&P 500 its biggest decline in two months, on increasing views the Federal Reserve may raise rates as soon as June. epicresearch.co
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