Markets Lose Your Balance Commencing Years Of High - July 31, 2009

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.

Market Continued Strong Point At Higher Levels - July 31, 2009

Market after a robust opening, the key benchmark indices gusted northward, hitting their highest level in more than a year, following global market and better than expected India Inc results boosted confidence. World equity funds gathered $9.5 billion in the week ending 29 July 2009, as per global fund tracker EPFR Global, highest since June 2008. BRIC (Brazil, Russia, India and China) equity funds seeing net inflows for a 19th consecutive week.

India equity funds took in a year-to-date high of $211 million in the most recent week, while China and Greater China stock funds reported $711 million in fresh money.

On the sectoral front, all 13 Indices were positive. Oil exploration stocks advanced after US crude futures bounced back overnight, closing around 6% higher to reverse losses suffered in the previous session as Wall Street sizzled and the dollar edged lower.

Auto stocks gained after being deteriorated in previous sessions and also strong quarterly earning results.

Metal stocks rose after LMEX, a gauge of six metals traded on the London Metal Exchange, advanced 4% to 2,686.70 overnight.

The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,677 stocks traded so far, 1,524 shares advanced while 1,052 shares declined. Nearly 101 shares are unchanged.

The BSE Sensex is trading higher by 306.50 points at 15,694.46 whereas NSE Nifty is up by 86.85 points at 4,658.30.

The BSE Mid Cap is trading higher by 89.32 points at 5,595.72 and Small cap is trading up by 52.94 points at 6,256.96.

Major gainers from the BSE Sensex pack are ONGC Limited surged 5.95% to Rs. 1,165.00 along with State Bank of India Limited by 5.24% to Rs. 1,813.00, Tata Motors Limited 5.16% to Rs. 415.80, Sterlite Industries by 3.63% to Rs. 649.45, ITC Limited by 3.38% to Rs. 251.00, Hindustan Uniliver Limited by 2.80% to Rs. 289.75, Tata Steel Limited by 2.73% to Rs. 465.45, HDFC Bank Limited by 2.60% to Rs. 1,497.80, Larsen & Toubro Limited by 2.33% to Rs. 1524.30 and ICICI Bank by 2.14% to Rs. 771.55 among others.

Major losers from the BSE Sensex Pack are Bharti Airtel Limited plunged 0.61% to Rs. 420.90 and Grasim Industries Limited by 0.01% to Rs. 2,752.00.

The BSE Bankex is higher by 230.23 points or 2.77% at 8,536.14. Stocks gained are State Bank of India Limited 5.24% to Rs. 1,813.00, Kotak Mahindra Bank Limited 4.29% to Rs. 655.50, IndusInd Bank 3.84% to Rs. 87.80, Federal Bank Limited 3.28% to Rs. 245.70, HDFC Bank Limited by 2.60% to Rs. 1,497.80, Bank of India Limited by 2.55% to Rs. 333.25 and Canara Bank Limited 2.49% to Rs. 286.20 among others.

Bhushan Steel Limited gained 4.65% to Rs. 782.50 after net profit increased significantly 29.5% to Rs. 171.87 crore on a 1.1% slide in sales to Rs 1,304.70 crore in Q1 June 2009 as against Q1 June 2008.

Mahindra & Mahindra Limited advanced 0.11% to Rs. 853.00 on the back strong Q1 June 2009 results.

State Bank of India Limited gusted 5.24% to Rs. 1,813.00 on the back better-than-expected Q1 June 2009 results.

Reliance Infrastructure Limited improved 1.55% to Rs. 1,203.50 after net profit increased significantly 25.4% to Rs. 316.57 crore on a 9.5% rise in sales to Rs 2,407.22 crore in Q1 June 2009 as against Q1 June 2008.

Nestle India Limited spurted 7.55% to Rs. 2,229.00 after net profit zoomed 33.8% to Rs. 1,62.02 crore on a 16.8% increase in sales to Rs 1,209.51 crore in Q2 June 2009 as compared to Q2 June 2008.

Market To A Year High Of Positive On Little Sentiments - July 31, 2009

The market fresh buying has pushed the domestic benchmark indices into the northward direction. The domestic markets have joined the rally across US and Asian markets with the hope of global economic recovery on track backed by solid overseas corporate results. On a stock specific move, ONGC is trading higher by over 4.5% after oil extended gains above US$67 a barrel, a 5.7% jump from the previous session.

During the last hours'' trading session, almost all the sctoral indices are trading with positive sentiments.

Among the BSE Sectoral indices buying interest has emerged across Metal, Consumer Durable (CD) and Bankex stocks trading higher by 3.12%, 2.82% and 2.76% respectively.

Overall market breadth is positive as out of total 2,308 stocks traded in the BSE 1,674 advanced, 566 declined and 68 unchanged.

The BSE Sensex surged by 286.91 points at 15,674 while NSE Nifty soared by 79 points at 4,650.45.

Besides, the BSE Mid Cap is trading higher by 89.88 points at 5,596.28, while Small Cap is trading higher by 71.01 points at 6,275.03 respectively.

Gainers from the BSE Sensex Pack are ONGC up by (5.32%) to Rs. 1,158, along with Tata Motors by (4.83%) to Rs. 414.50, SBI by (4.18%) to Rs. 1,794.80, Sterlite Industries by (3.67%) at Rs. 649.70, Tata Steel by (2.78%) at Rs. 465.7 and Hindalco Ind by (2.77%) at Rs. 96.55.

Gainers from the NSE Nifty Pack are ONGC increased by (5.04%) at Rs. 1,156.5 along with Tata Motors by (4.77%) at Rs. 414.3, SBI by (4.25%) at Rs. 1,796, National Aluminium company by (4.16%) at Rs. 303.9, Sterlite Industries by (4.02%) at Rs. 652 and Idea Cellular by (3.42%) at Rs. 78.65.

BSE Metal is trading higher by (3.12%) or 381.02 points at 12,596.17. The top gainers are Gujarat NRE surged by (4.91%) at Rs. 57.70 along with Sesa Goa Limited by (4.12%) to Rs. 242.40, Sterlite Industries by (3.67%) at Rs. 649.70, Hindustan Zinc Limited by (3.11%) at Rs. 697 followed by Hindalco Industries by (2.77%) at Rs. 96.55.

BSE CD is trading higher by (2.82%) or 86.56 points at 3,156.64 The top gainers in the index are Blue Star surged by (5.12%) to Rs. 390 along with Rajesh Export by (1.95%) to Rs.41.9, Gitanjali GE by (1.67%) to Rs. 112.30, Videcon Ind by (1.27%) to Rs. 184.05 followed by Titan Industries by (0.55%) to Rs. 1,218.

Markets In A Straight Line Broken Up - July 30, 2009

The markets after a sharp recovery from the session lows have now turned choppy. The traders are worried to take any fresh positions ahead of settlement of July series F&O expiry. The buying activity is seen among the IT, Realty and Banking stocks. However, Capital Goods and Pharma stocks are trading lower. The broader market stocks are also on the buyer’s ride as both the BSE Mid Cap and BSE Small cap indices are now trading with a gain of more than 0.5%.

The overall market breadth is positive as 1520 stocks are advancing while 1060 stocks are declining in BSE.

TCS reported the top gainer from the BSE Sensex pack, as it is trading up by (5.74%) at Rs. 528.50 while Sun Pharma reported the top loser trading down by (3.89%) at Rs. 1,142.

The BSE Sensex is trading up by 115.95 points at 15,289.41 and the NSE Nifty is trading higher by 24.95 points at 4,538.45.

The BSE Mid Cap increased by 27.48 points to 5,504.57 and the BSE Small Cap grew by 47.26 points to 6,202.01.

The IT index is trading with gains of 95.66 points or 2.53% at 3,881.55. Gainers from this pack are Patni Computers trading up 14.10% at Rs. 322.25 along with Aptech by 6.63% at Rs. 179.30, TCS by 6.32% at Rs. 531.40, Mphasis by 5.63% at Rs. 464.95, Oracle Fin by 4.40% at Rs. 1462.85, Wipro by 3.06% at Rs. 481, Rolta India by 2.93% at Rs. 152.60 and HC Tech by 2.74% at Rs. 242.

The Realty index is trading up by 51.65 points or 1.32% at 3,963.42. Scrips that are trading with gains are HDIL trading up by 4.16% at Rs. 279 followed by Ansal Infra 3.91% at Rs. 63.85, Mahindra Life by 2.63% at Rs. 298.95, Orbitco by 2.15% at Rs. 185.70 and Omaxe by 2.10% at Rs. 109.45.

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.

State Bank of India (SBI) is trading up by 3.60% at Rs. 1716. The bank has reported rise of 42.03% in Net Profit to Rs. 23303.70 million for the quarter ending on June 30, 2009 against Rs 16407.90 lacs for the quarter ending on June 30, 2008.

Total Income increased by 29.86% to Rs. 210415.10 million for the quarter ending on June 30, 2009 against Rs 162030.70 million for the quarter ending on June 30, 2008.

GMR Infrastructure Limited is trading higher by 1.41% at Rs. 143.40. The company has informed that the Board of Directors of the Company at its meeting held on July 30, 2009, inter alia, has accorded approval for sub-division of all its equity shares of Rs 2/- each into 2 equity shares of Re 1/- each (per share), subject to the approval of members of the Company at the forthcoming Annual General Meeting.

On the global markets front, the European markets are now trading mixed as the FTSE 100 and CAC index are trading up by (0.49%) and (0.81%) respectively. However, DAX index is trading lower by (0.11%).

Market Since Place To Corner Board Of The Increase - July 30, 2009

Market after a subdued opening, the key benchmark indices gusted northward tracking recovery in Asian stocks. Wholesale prices in India slide for the seventh consecutive week at -1.54% from a year earlier in the week to July 18. The index had fallen 1.17 per cent in the previous week. Volatility is expected to continue ahead of expiry of rolled over positions from July 2009 contract to August 2009 contracts in the Future & Options segment.

Rollover of Nifty contracts was about 60% by end of trading session yesterday. Rollover in Mini Nifty futures was about 43%.

On the sectoral front, out of 13 Indices, 11 indices advanced whereas 2 indices declined. Oil Exploration stocks slipped as crude futures tumbled around 6% overnight as US oil inventories unexpectedly rose, raising fresh concerns of weak demand.

The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,585 stocks traded so far, 1,447 shares advanced while 1,049 shares declined. Nearly 89 shares are unchanged.

The BSE Sensex is trading higher by 103.98 points at 15,277.44 whereas NSE Nifty is up by 21.60 points at 4,535.10.

The BSE Mid Cap is trading higher by 37.60 points at 5,514.70 and Small cap is trading up by 48.57 points at 6,203.33.

Major gainers from the BSE Sensex pack are TCS Limited surged 3.39% to Rs. 516.75 along with Hindustan Uniliver Limited 3.34% to Rs. 277.00, Housing Development Finance Co by 2.94% to Rs. 2,432.30, State Bank of India by 2.90% to Rs. 1,704.45, Wipro Limited by 2.00% to Rs. 476.05, Tata Steel Limited by 1.93% to Rs. 450.45, DLF Limited by 1.83% to Rs. 405.35, Reliance Infra by 1.62% to Rs. 1,183.00, NTPC by 1.50% to Rs. 217.00 and Tata Motors by 1.36% to Rs. 399.00 among others.

Major losers from the BSE Sensex Pack are Sun Pharmaceuticals Limited plunged 5.32% to Rs. 1,125.00, BHEL Limited by 1.49% to Rs. 2,205.00, ITC Limited by 1.29% to Rs. 234.20, Bhrati Airtel Limited by 1.25% to Rs. 418.00, Sterlite Industries Limited by 0.99% to Rs. 615.00, ACC Limited by 0.83% to Rs. 849.00, Reliance Communication Limited by 0.81% to Rs. 281.35, Hero Honda Motors Limited by 0.60% to Rs. 1,630.00 and Reliance Industries Limited by 0.48% to Rs. 1,917.00.

The BSE IT is higher by 81.88 points or 2.16% at 3,867.77. Stocks gained are Patni Computers Limited 14.39% to Rs. 333.10, Mphasis Limited 4.85% to Rs. 461.50, Oracle Fin 4.05% to Rs. 1,458.00, TCS Limited 3.39% to Rs. 516.75, Aptech Limited by 2.82% to Rs. 172.90, Rolta Ind Limited by 2.09% to Rs. 151.35 and Wipro Limited 2.00% to Rs. 476.05 among others.

Sun Pharmaceuticals Industries Limited slumped 5.32% to Rs. 1,125.00 after net profit declined sharply 56.7% to Rs 121.51 crore on a 39.5% decline in sales to Rs 405.88 crore in Q1 June 2009 as against Q1 June 2008

Shoppers'' Stop Limited gained 2.04% to Rs. 180.45, after it reported consolidated net profit of Rs. 1.01 crore in Q1 June 2009 as against net loss of Rs. 21.36 crore in Q1 June 2008.

Sesa Goa Limited weaken 3.03% to Rs. 231.85 after net profit declined significantly 36.9% to Rs. 406.94 crore on a 23.6% decline in sales to Rs. 941.27 crore in Q1 June 2009 as against Q1 June 2008.

Provogue India Limited spurted 4.99% to Rs. 51.50, after the company said its board will meet 14 August 2009 to consider buyback of its own shares.

Sobha Developers Limited slipped 1.21% to Rs. 216.35 after net profit declined phenomenally 74.9% to Rs 12.70 crore in Q1 June 2009 over Q1 June 2008.

Reliance Industries Limited waken 0.48% to Rs. 1,917.00 after Anil Ambani said he will approach the Supreme Court on Thursday, 30 July 2009, seeking a final hearing on the two-year-old gas supply dispute on 1 September 2009.

Market Trading With Dull Sentiments - July 30, 2009

Market after a subdued start, the key benchmark indices are oscillating between positive and negative territory on account of weak cues from other Asian markets. Further, the investors are seen cautious at higher level and continuously booking profits at every possible stage. On a stock specific move, McLeod Russel India is trading higher 4.5% backed by a news that company is is aggressively pursuing overseas acquisitions to achieve a 100 million kg production within next five years.

During the last hours’ dull session, buying interest has emerged across IT, TECk and FMCG counters while selling pressure seen across Capital Goods (CG), Metal and Consumer Durable (CD) counters.

Among BSE sectoral indices, IT and TECk surged by nearly 1.6% and 0.87% respectively while CG and Metal fell by 0.63% and 0.38% respectively.

Out of total 2,179 stocks traded in the BSE, 1,178 stocks advanced, 927 stocks declined while 74 remain unchanged.

The BSE Sensex up by 25.53 points at 15,198.99 while NSE Nifty surged by 2.75 points at 4,516.25.

Besides, the BSE Mid Cap and Small Cap are trading higher by 7.35 points and 38.19 points at 5,484.45 and 6,192.95 respectively.

Gainers from the BSE Sensex Pack are Hindustan Unilever Limited up by (2.44%) to Rs. 274.60, along with HDFC by (2.35%) to Rs. 2,418.5, TCS Limited by (2.35%) to Rs. 511.55, Wipro Limited by (1.99%) at Rs. 476, Infosys Technologies by (1.12%) at Rs. 2,006, and SBI by (0.82%) at Rs. 1,670.05.

Gainers from the NSE Nifty Pack are TCS Limited increased by (2.76%) at Rs. 513.6, along with BPCL by (2.69%) at Rs. 481.5, HDFC by (2.47%) at Rs. 2,426, Hindustan Unilever Limited by (2.40%) at Rs. 274.8, Ambuja Cement Limited by (2.27%) at Rs. 101.3 and Power Grid Corporation by (2.13%) at Rs. 119.9.

BSE IT is trading higher by (1.60%) or 60.75 points at 3,846.64. The top gainers are Patni Computers surged by (4.22%) at Rs. 303.5 along with Rolta India by (3.10%) at Rs. 152.85, TCS Limited by (2.64%) to Rs. 513, Wipro Limited by (2.23%) at Rs. 477.10 followed by Oracle Fin by (2.20%) at Rs. 1,432.

BSE Realty is trading lower by (0.63%) or 77.88 points at 12,362.28. The top losers in the index are Jyoti Structure declined by (2.79%) to Rs. 155 along with Usha Martin by (2.73%) to Rs. 49.95, Bharat Bijili by (2.05%) to 807.95, Siemens Limited by (1.45%) to Rs. 470, followed by ABB Limited by (1.21%) to Rs. 691.50.

Markets Off The Existence Near To The Ground - July 29, 2009

The markets though managed to gain some ground from the day’s low but are still trading lower. The traders are cautios to take any fresh positions and want to remain in the sidelines ahead of the F&O expiry on Thursday. The selling pressure continued across the sectorial indices. The broader market indices are also witnessing the selling heat today as both the BSE Mid Cap is now trading with a loss of more than 1% and BSE Small cap indices with a cut of more than 1.5%. The Realty, Consumer Durables, Metal and Capital Goods stocks are fronting the decline.

The overall market breadth is negative as 917 stocks are advancing while 1650 stocks are declining in BSE.

TCS reported the top gainer from the BSE Sensex pack, as it is trading up by (2.29%) at Rs. 490.75 while DLF reported the top loser trading down by (6.59%) at Rs. 398.

The BSE Sensex is trading down by 184.98 points at 15,146.98 and the NSE Nifty is trading marginally lower by 64.45 points at 4,499.65.

The BSE Mid Cap decreased by 69.38 points to 5,461.99 and the BSE Small Cap fell by 106.39 points to 6,139.42.

The Realty index is trading with deep cut of 198.74 points or 4.86% at 3,891.38. Losers from this pack are Omaxe Limited trading lower by 7.20% at Rs. 106.95 followed by HDIL by 6.67% at Rs. 269.15, Ansal Infra by 6.21% at Rs. 61.20, DLF by 6.18% at Rs. 399.75, Parsvnath by 6.11% at Rs. 114.50, Unitech by 5.27% at Rs. 90.70 and Anant Raj In by 4.01% at Rs. 125.80.

The Consumer Durables is trading lower by 99.09 points or 3.13% at 3,065.89. Scrips that are trading in negative are Titan Inds trading down by 4.43% at Rs. 1263 followed by Videocon Inds by 3.85% at Rs. 178.50, Blue Star by 2.11% at Rs. 353.20 and Rajesh Exports by 2.01% at Rs. 41.35.

The most active shares on NSE are Unitech trading at Rs. 90.65 with a total traded quantity of 86103471 shares followed by Suzlon Energy trading at Rs. 101.70 with a total traded quantity of 60596626 shares.

Punjab National Bank is trading up by 2.19% at Rs. 738.40. The bank has posted a net profit for the period of Rs 8320.50 million for the quarter ended June 30, 2009 as compared to Rs 5124.00 million for the quarter ended June 30, 2008.

Total Income has increased from Rs 45946.20 million for the quarter ended June 30, 2008 to Rs 61775.80 million for the quarter ended June 30, 2009.

Aurobindo Pharma Limited is trading lower by 1% at Rs. 542. The company announced that it has received the tentative approval for Donepezi! Hydrochloride Tablets 5mg and 1Qmg (ANDA 90-056) from the US Food & Drug Administration (USFDA).

Donepezil Hydrochlorida Tablets 5mg and lOmg is the generic equivalent to Aricept® Tablets 5mg and 10mg of Eisai Medical Research Inc.

Donepezil Hydrochloride Tablets are indicated for the treatment of mild, moderate, and severe dementia of the Alzheimer's type and fall under the Central Nervous System (CNS) therapeutic segment.

On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC index are trading up by (0.69%), (1.36%) and (1.40%) respectively.

Market Relaxed After Asian Markets Extensive Their Losses - July 29, 2009

Market after a lackluster opening on the bourses, where leading indices turned lower, the investors gave in to the urge to bank profits lingered by Realty, Metals and Power stocks that retreated most and continued slide in Asian stocks added to the nervousness among investors Heading expiry of June 2009 Futures and Options (F&O) contracts tomorrow, July 30, 2009 also lead to the chaos.

As per reports, rollovers of Nifty positions from July 2009 series to August 2009 serious stood at 42% as on July 28, 2009. Similarly, rollover in Mini Nifty was about 35%.

On the sectoral front, all 13 Indices plunged. Bank stocks plunged after the RBI in its quarterly monetary policy review raised inflation forecast which may result in reversal of the current soft interest rate regime.

Metal stocks declined after LMEX declined 1.23% overnight. Realty stocks came off its high after a recent rally.

The Market breadth, indicating the overall strength of the market, was weak. On BSE, out of 2,600 stocks traded so far, 790 shares advanced while 1,723 shares declined. Nearly 87 shares are unchanged.

The BSE Sensex is trading lower by 271.64 points at 15,060.30 whereas NSE Nifty is down by 94.35 points at 4,469.75.

The BSE Mid Cap is trading lower by 106.68 points at 5,424.68 and Small cap is trading down by 137.37 points at 6,108.44.

Major losers from the BSE Sensex Pack are DLF Limited plunged 7.06% to Rs. 396.00, Sterlite Industries Limited by 6.24% to Rs. 616.50, Tata Steel Limited by 6.00% to Rs. 440.80, Hindalco Industries Limited by 5.72% to Rs. 88.10, Reliance Infra Limited by 5.19% to Rs. 1,147.10, Tata Motors Limited by 4.27% to Rs. 396.50, Jaiprakash Associates Limited by 3.32% to Rs. 233.25, Reliance Communication Limited by 3.29% to Rs. 280.95, ACC Limited by 3.20% to Rs. 838.25, ITC Limited by 3.02% to Rs. 233.20 and Tata Power Limited by 2.58% to Rs. 1,232.90.

Major gainers from the BSE Sensex pack are TCS Limited surged 2.00% to Rs. 489.35 along with Mahindra & Mahindra Limited 0.51% to Rs. 827.00.

The BSE Realty is lower by 235.53 points or 5.76% at 3,854.59. Stocks weakens are Omaxe Limited 8.55% to Rs. 105.40, Housing Development 7.37% to Rs. 267.15, Parsvnath 7.30% to Rs. 113.05, DLF Limited 7.06% to Rs. 396.00, Unitech Limited by 6.68% to Rs. 89.35, Ansal Infrastructure Limited by 6.51% to Rs. 61.00 and Anant Raj Industries 4.85% to Rs. 124.70 among others.

Ashapura Minechem Limited plunged 4.89% at Rs. 42.80 as it is directed to pay damages of $24.16 million to London-based shipping firm IHX (UK).

Punjab National Bank Limited gained 2.55% to Rs. 741.00 after net profit increased significantly 62.38% to Rs 832.05 crore in Q1 June 2009 as against Q1 June 2008.

Gujarat Gas Company Limited spurted 14.12% to Rs. 368.60 after the Company’s board declared a liberal 1:1 bonus issue at the time of announcing Q2 June 2009 results.

Great Offshore Limited advanced 4.56% to Rs. 457.00 after 16.65 lakh shares, or 4.48% equity, changed hands in two block deals on the BSE and the NSE.

Religare Enterprises Limited declined 0.04% to Rs. 390.00 after reporting a net profit of Rs 3.17 crore in Q1 June 2009 as against a net loss of Rs 8.42 crore in Q1 June 2008.

Mcleod Russel India Limited gained 0.58% to Rs. 139.30 after net profit increased significantly 340.4% to Rs 31.18 crore in Q1 June 2009 over Q1 June 2008.

Market Set Off On All Sides Of Explosive - July 29, 2009

Market after a subdued start, the benchmark indices are trading with volatility amid mixed cues from global markets. Due to lack of any specific news in the domestic arena, investors are likely to remain bearish ahead of the derivative contracts expiry for the July series. On a stock specific move, Maytas Infra is trading higher by 3.5% after Cash-strapped inked an agreement with a Singapore-based consultancy firm to raise Rs 240 crore and thereby, retain the metro rail project.

During the last hours'' trading session, buying interest has emerged across Oil & Gas, Auto and Tech stocks while selling interest seen across Realty, Metal and Consumer Durable (CD) counters.

Among the BSE Sectoral indices buying interest has emerged across Oil & Gas and Auto stocks trading higher by 0.71% and 0.66% respectively, while Realty and Metal down by 1.88% and 0.81% respectively.

Overall the market breadth is positive as 1,288 stocks are trading in green while 890 stocks are in red.

The BSE Sensex down by 37.29 points at 15,294.65 while NSE Nifty declined by 14.65 points at 4,549.45. Besides, the BSE Mid Cap is trading lower by 2.48 points at 5,528.88, while Small Cap is trading higher by 17.02 points at 6,262.84 respectively.

Losers from the BSE Sensex Pack are DLF Limited down by (3.91%) to Rs. 409.45, along with Tata Motors by (3.83%) to Rs. 398.35, Sterlite Industries by (2.21%) to Rs. 643, Reliance Infra by (1.81%) at Rs. 1,188, BHEL by (1.57%) at Rs.2,226.95 and Tata Steel by (1.56%) at Rs. 461.65.

Losers from the NSE Nifty Pack are DLF Limited decreased by (4.27%) at Rs. 407.7 along with Tata Motors by (4.07%) at Rs. 397.5, Axis Bank by (3.06%) at Rs. 927.35, Unitech Limited by (2.93%) at Rs. 92.9, Sterlite Industries by (2.61%) at Rs. 640 and Cairn India by (2.31%) at Rs. 234.5.

BSE Realty is trading lower by (1.88%) or 76.90 points at 4,013.22. The top losers are Housing Dev declined by (4.61%) at Rs. 275.1 along with DLF Limited by (3.91%) to Rs. 409.45, Parsvnath by (3.28%) at Rs. 117.95, Omaxe Limited by (3.17%) at Rs. 111.60 followed by Unitech by (2.87%) at Rs. 93.

BSE Oil & Gas is trading higher by (0.71%) or 65.17 points at 9,288.43 The top gainers in the index are Aban Offshore surged by (2.87%) to Rs. 993.20 along with RNRL by (2.54%) to Rs. 84.80, Essar Oil by (2.36%) to Rs. 145, Indian Oil by (1.76%) to Rs. 535.5 followed by ONGC by (1.68%) to Rs. 1,120.85.

Markets Are Trading Around The Unchanged Mark - July 28, 2009

The markets though managed to gain some ground from the day’s low but once again gave up their gains and are trading around the unchanged mark. The traders are cautios to take any fresh positions and want to remain in the sidelines ahead of the F&O expiry on Thursday. However, the broader market indices are attracting significant attention today as both the BSE Mid Cap is now trading with a gain of around 1% and BSE Small cap indices with a gain of more than 1.5%.

The Realty, Auto, Power and Metal stocks are witnessing significant buying interest today. While selling pressure continued among the Banking, Oil & Gas and IT stocks.

The overall market breadth is positive as 1680 stocks are advancing while 910 stocks are declining in BSE.

Tata Motors reported the top gainer from the BSE Sensex pack, as it is trading up by (12.21%) at Rs. 420.75 while HUL reported the top loser trading down by (3.65%) at Rs. 287.85.

The BSE Sensex is trading up by 19.38 points at 15,394.27 and the NSE Nifty is trading marginally higher by 5.05 points at 4,577.35.

The BSE Mid Cap increased by 68.38 points to 5,537.88 and the BSE Small Cap grew by 115.22 points to 6,257.96.

The Realty index is trading with gains of 154.53 points or 3.95% at 4,063.24. Gainers from this pack are Mahindra Life trading up by 7.51% at Rs. 299.25 along with Unitech by 6.70% at Rs. 93.90, Phoenix Mill by 5.21% at Rs. 120.10, HDIL by 5.08% at Rs. 289.40, Sobha Developers by 3.98% at Rs. 217.90, Anant Raj In by 3.95% at Rs. 130.20 and DLF by 3.65% at Rs. 427.15.

The Bankex index is trading with losses of 122.50 points or 1.47% at 8,206.83. Losers from this pack are Bank of India trading lower by 2.51% at Rs. 324.45 followed by ICICI bank by 2.20% at Rs. 740.95, Kotak bank by 1.74% at Rs. 657.25, Oriental bank by 1.52% at Rs. 165.70, HDFC bank by 1.42% at Rs. 1414.20, Karnataka bank by 1.41% at Rs. 140 and State Bank of India by 1.29% at Rs. 1687.50.

The most active shares on NSE are Unitech trading at Rs. 95.30 with a total traded quantity of 90504798 shares followed by Ispat Inds trading at Rs. 23.10 with a total traded quantity of 36851769 shares.

Rashtriya Chemicals & Fertilizers Limited (RCF) is trading up by 6.25% at Rs. 69.70.The company has posted a net profit of Rs 315.50 million for the quarter ended June 30, 2009 as compared to Rs 190.60 million for the quarter ended June 30, 2008.

Total Income has decreased from Rs 15735.80 million for the quarter ended June 30, 2008 to Rs 8545.60 million for the quarter ended June 30, 2009.

On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC index are trading up by (0.18%), (0.28%) and (0.30%) respectively.

Market Revolve By The Side Of The Base Line - July 28, 2009

Market after jittery opening, the key benchmark indices traded in a narrow range with negative bias. Some relief came from RBI, when it kept key policy rates unchanged at its quarterly monetary policy review announced today. The central bank said it will actively control liquidity to avoid government borrowing crowding out private credit demand.

Meanwhile, the government has allowed some relief to housing projects with a tax holiday under section 80 IB (10) of the Income Tax Act on profits from projects approved between 1 April 2007 and 31 March 2008.

The benefit comes with a condition that the projects are completed on or before 31 March 2012. The government has also extended tax holiday to developers of industrial parks by two years until March 2011.

The RBI, in its monetary policy, has kept the key rates unchanged and increased the inflation forecast to 5% by end March 2010 as against earlier 4%.

The Repo Rate, at which the central bank lends cash to banks, stays at 4.75%, which is its lowest in 9 years, and the Reverse Repo rate, at which it absorbs surplus cash from the banking system, stays at 3.25%. The statutory liquidity ratio (SLR) was also kept unchanged at 24%.

On the sectoral front, out of 13 Indices, 9 indices advanced whereas 4 indices declined. Banking stocks plunged after RBI revised its wholesales price inflation forecast to 5% by end March 2010 as against 4% projected earlier.

Auto stocks were mixed. IT stocks weaken on profit booking. Realty stocks toped the indices on fresh government announcement of tax benefits.

The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,583 stocks traded so far, 1,602 shares advanced while 898 shares declined. Nearly 83 shares are unchanged.

The BSE Sensex is trading higher by 10.44 points at 15,385.49 whereas NSE Nifty is down by 1.44 points at 4,570.85.

The BSE Mid Cap is trading higher by 66.72 points at 5,536.22 and Small cap is trading up by 113.26 points at 6,256.00.

Major gainers from the BSE Sensex pack are Tata Motors Limited surged 8.17% to Rs. 405.60 along with DLF Limited 3.49% to Rs. 426.50, Reliance Communication Limited 3.07% to Rs. 290.75, Bharti Airtel Limited improved 2.14% to Rs. 432.50, Mahindra & Mahindra Limited improved 2.13% to Rs. 833.50, Tata Power Limited gained 1.78% to Rs. 1,259.10, NTPC Limited by 1.49% to Rs. 217.65, Reliance Infra gained 1.42% to Rs. 1,181.00, Sun Pharmaceuticals Limited by 1.23% to Rs. 1,260.00 and ACC Limited by 1.16% to Rs. 858.00 among others.

Major losers from the BSE Sensex Pack are ICICI Bank Limited plunged 2.96% to Rs. 735.15, Infosys technologies Limited by 1.99% to Rs. 1985.00, State Bank of India Limited by 1.49% to Rs. 1,684.00, Reliance Industries Limited by 1.46% to Rs. 1,910.20, HDFC Bank Limited by 1.37% to Rs. 1,415.00, Matuti Suzuki by 0.83% to Rs. 1358.60 and Tata Steel Limited by 0.62% to Rs. 454.50.

The BSE Realty is higher by 160.73 points or 4.11% at 4,069.44. Stocks gained are Mahindra LifeScience Limited 7.78% to Rs. 300.00, Unitech Limited 5.80% to Rs. 93.10, Housing Development 4.72% to Rs. 288.40, Phoenix Mills Limited 4.07% to Rs. 118.80, Anant Raj Industries Limited by 3.79% to Rs. 130.00, DLF Limited by 3.49% to Rs. 426.50 and Ansal Infrastructure 3.05% to Rs. 65.90 among others.

Rashtriya Chemicals & Fertilizers Limited spurted 7.77% to Rs. 70.70 after net profit increased phenomenally 65.5% to Rs. 31.55 crore in Q1 June 2009 as against Q1 June 2008.

Tata Motors Limited jumped 8.17% to Rs. 405.60 after net profit increased significantly 57.5% to Rs 513.76 crore whereas 7.8% decline in sales to Rs. 6,350.20 crore in Q1 June 2009 as against Q1 June 2008.

Escorts Limited zoomed 4.44% to Rs. 70.50 after net profit increased in triple digit 138.7% to Rs 22.22 crore in Q3 June 2009 over Q3 June 2008.

NTPC Limited gained 1.49% to Rs. 217.65 after net profit increased extensively 27.1% to Rs. 2,193.62 crore on a 25.8% increase in sales to Rs. 12,002.68 crore in Q1 June 2009 as against Q1 June 2008.

Market Plunge Interested In Red - July 28, 2009

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.

Markets Are Still Trading Lower - July 27, 2009

The markets are still trading lower and are struggling to return to the positive territory as significant selling witnessed among the frontline indices. However, the broader market indices are attracting significant attention today as both the BSE Mid Cap and Small cap indices are now trading with a gain of more than 1% each.

The FMCG, Realty, Power and Metal stocks are witnessing significant buying interest today. While selling pressure continued among the Oil & Gas, Auto and Banking stocks.

The overall market breadth is positive as 1564 stocks are advancing while 1008 stocks are declining in BSE.

HUL reported the top gainer from the BSE Sensex pack, as it is trading up by (7.80%) at Rs. 304.10 while Reliance Industries reported the top loser trading down by (4.46%) at Rs. 1,923.90.

The BSE Sensex is trading down by 22.47 points at 15,356.49 and the NSE Nifty is trading lower by 3.90 points at 4,564.65.

The BSE Mid Cap increased by 73.42 points to 5,455.23 and the BSE Small Cap grew by 72.71 points to 6,122.91.

The FMCG index is trading with gains of 102.75 points or 3.98% at 2,682.40. Gainers from this pack are Ruchi Soya trading up by 8.86% at Rs. 49.15 along with Godrej Cons by 8% at Rs. 224.05, HUL by 7.05% at Rs. 302, ITC by 4.08% at Rs. 241.05, Colgate Palmolive by 3.64% at Rs. 674 and Nestle by 3.50% at Rs. 2165.20.

The Oil and Gas index is trading with deep cut of more than 312.19 points or 3.25% at 9,283.06. Losers from this pack are RPL trading lower by 4.06% at Rs. 120.50 followed by Reliance Inds by 4% at Rs. 1933.50, Gail India by 3.61% at Rs. 339.50, Aban Offshore by 1.13% at Rs. 984 and HPCL by 1.05% at Rs. 324.

The most active shares on NSE are Suzlon Energy trading at Rs. 105.75 with a total traded quantity of 43363344 shares followed by Unitech trading at Rs. 87.90 with a total traded quantity of 38349155 shares.

Bank of India is trading lower by 4.39% at Rs. 332.50. The bank has posted a net profit of Rs 5843.20 million for the quarter ended June 30, 2009 as compared to Rs 5619.50 million for the quarter ended June 30, 2008.

Total Income has increased from Rs 41147.40 million for the quarter ended June 30, 2008 to Rs 50236.10 million for the quarter ended June 30, 2009.

HCL Technologies Limited (HCL), is trading up by 2.35% at Rs. 239.90. The company a leading global IT services provider, today announced its strategic alliance with eBaoTech Corporation, a leading provider of new generation software and services for life and general insurance industry.

The partnership reiterates HCL''''s commitment to provide Business Aligned IT, thereby providing its customers the most optimal platform aligned to their business goals.

On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC index are trading up by (0.01%), (0.65%) and (0.62%) respectively.

Market Traded Volatile On Slow-Moving Sentiment - July 27, 2009

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.

Market Straight Choppy Reliance Dip By 4 Per Cent - July 27, 2009

Market after a shaky start, the benchmark indices witnessed a cautious trend with positive bias amid announcement of corporate results. Further, the profit booking pressure has crept in across the broader level due to lack of encouraging news in the domestic arena. On a stock specific move, Reliance Industries dipped by over 4%, after it reported an 11.5% fall in quarterly net profit, a sharper drop than the market had been expecting.

During the last hours'' trading session, buying interest has emerged across Realty, Consumer Durable (CD) and FMCG sectors, while selling pressure has seen across Oil & Gas and Auto counters.

Among the BSE sectoral indices, Realty and CD stocks surged by 3.55%, and 2.32% respectively, while BSE Oil & Gas and Auto dipped by 2.49% and 0.42% respectively.

Overall the market breadth is positive as 1,476 stocks are trading in green while 711 stocks are in red.

The BSE Sensex is up by 56.49 points at 15,435 while NSE Nifty inclined by 18.44 points at 4,587.

Besides, the BSE Mid Cap and Small Cap are also trading higher by 67.39 points and 83.02 points at 5,449.21 and 6,133.23 respectively.

Gainers from the BSE Pack are DLF Limited up by (4.41%) at Rs. 411 along with Hindustan Unilever by (3.54%) at Rs. 292.10, Tata Power Limited by (2.75%) at Rs. 1,205, Reliance Communication by (2.35%) at Rs. 282.80, Bharti Airtel by (2.27%) at Rs. 424.95 and Tata Steel by (2.18%) at Rs. 449.50.

Gainers from the NSE Sensex Pack are HCL Tech Limited surged by (4.82%) to Rs. 245.8, along with DLF Limited by (4.63%) to Rs. 412, Hindustan Unilever by (3.71%) at Rs. 293.15, Axis Bank by (3.14%) at Rs. 922, Tata Power by (2.71%) at Rs. 1,204 and Suzlon Energy Limited by (2.32%) at Rs. 105.75.

BSE Realty is trading higher by (3.55%) or 134.59 points at 3,925.24. The major gainers are Sobha Dev surged by (6.96%) at Rs. 215.90 along with Omaxe Limited by (5.91%) at Rs. 106.60, Parsvnath by (4.56%) at Rs. 117, Indiabull Real by (4.43%) at Rs. 243 followed by DLF Limited by (4.41%) at Rs. 411.

BSE CD is trading higher by (2.32%) or 72.68 points at 3,211.71. The top gainers in the index are Gitanjali GE surged by (4.48%) to Rs. 103.75 along with Titan Industries by (3.59%) to Rs. 1,361.05, Rajesh Exports by (2.80%) to Rs. 42.15 followed by Blue Star by (1.66%) at Rs. 367.20.

Markets Decomposed The Maintenance Low - July 24, 2009

The markets managed to gained further grounds from the day’s low and are now trading in positive territory as buying emerged across the board barring the Banking index. The Auto and Realty index today outperformed the benchmark indices as they are now trading with a gain of more than 4% and 3.5% respectively.

Further, the Metal, Consumer Durables and IT stocks are also witnessing strong buying interest. The broader market indices are also attracting significant attention today as both the BSE Mid Cap and Small cap indices are now trading with an gain of more than 1.5% each.

The BSE Sensex is now trading above the 15,400 mark and the NSE Nifty above the 4,550 mark.

The overall market breadth is positive as 1727 stocks are advancing while 882 stocks are declining in BSE.

Tata Motors reported the top gainer from the BSE Sensex pack, as it is trading up by (9.44%) at Rs. 372.55 while HDFC reported the top loser trading down by (1.64%) at Rs. 2,412.25.

The BSE Sensex is trading up by 162.94 points at 15,393.98 and the NSE Nifty is trading higher by 48.10 points at 4,571.85.

The BSE Mid Cap increased by 95.47 points to 5,388.84 and the BSE Small Cap grew by 101.48 points to 6,044.33.

The Auto index is trading with gains of 264.66 points or 5.02% at 5,538.89. Leading from the gainers pack are Bharat Forge trading up by 11.46% at Rs. 177.55 along with Tata Motors by 9.36% at Rs. 372.25, MRF by 6.74% at Rs. 3750, Exide Inds by 6.64% at Rs. 80.25, Maruti Suzuki by 6.13% at Rs. 1375 and Escorts Limited by 4.25% at Rs. 65.

The Realty index is trading higher by 139.60 points or 3.84% at 3,775.29. Gainers from this pack are Ansal Infra trading up by 10.03% at Rs. 62 followed by Parsvnath by 9.06% at Rs. 113.15, Phoenix Mill by 7.25% at Rs. 107.30 and Omaxe by 5.62% at Rs. 100.60.

The most active shares on NSE are Suzlon Energy trading at Rs. 102 with a total traded quantity of 75003228 shares followed by Satyam Computers trading at Rs. 105.10 with a total traded quantity of 73663434 shares.

Bharat Forge Limited is trading up by 11.83% at Rs. 178.15 despite the company has posted a net profit of Rs 9.60 million for the quarter ended June 30, 2009 as compared to Rs 265.60 million for the quarter ended June 30, 2008.

Total Income has decreased from Rs 6494.50 million for the quarter ended June 30, 2008 to Rs 3638.20 million for the quarter ended June 30, 2009.

On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC index are trading up by (0.56%), (0.72%) and (0.49%) respectively.

Market Operate Stressed Out On Weak Sentiment - July 24, 2009

Market after witnessing wild swing in opening trade, which was short lived, the key benchmark indices is now hovering around the base line after gyrating in positive and negative terrain. Meanwhile, as per the provisional figures on the NSE, Foreign Institutional Investors (FIIs) bought shares worth Rs. 511.94 crore yesterday while domestic institutional investors sold shares worth Rs 34.16 crore.

This was augmented by latest economic data indicated improving economic activity. Assimilation of six infrastructure industries, that accounts for 26.7% of India''s industrial output, namely Cement, Coal, Crude Oil, Refining, Electricity and Steel together improved at an annual rate of 6.5% in June 2009 faster compared to 2.8% in previous month.

On the sectoral front, out of 13 Indices, 11 indices advanced whereas 2 indices declined. Auto stocks remained strong on better-than-expected first quarter results from auto major Maruti Suzuki India yesterday.

Metal stocks gains as LMEX, a gauge of six metals traded on the London Metal Exchange rose 1.29% overnight. Bank stocks weaken ahead of quarterly monetary policy review meet on Tuesday, 28 July 2009.

The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,582 stocks traded so far, 1,524 shares advanced while 971 shares declined. Nearly 87 shares are unchanged.

The BSE Sensex is trading higher by 73.70 points at 15,304.74 whereas NSE Nifty is up by 23.25 points at 4,547.

The BSE Mid Cap is trading higher by 73.64 points at 5,367.01 and Small cap is trading up by 78.42 points at 6,021.28.

Major gainers from the BSE Sensex pack are Tata Motors Limited surged 6.79% to Rs. 363.50 along with Maruti Suzuki India Limited 3.66% to Rs. 1343.00, Tata Steel Limited 3.45% to Rs. 429.05, Sterlite Industries Limited improved 3.11% to Rs. 652.35, DLF Limited improved 2.80% to Rs. 380.00, Hindalco Industries Limited gained 2.76% to Rs. 93.20, Jaiprakash Associates Limited gained 1.96% to Rs. 234.15, Infosys Technologies Limited by 1.70% to Rs. 1993.10, BHEL by 1.55% to Rs. 2201.10, Hero Honda Motors by 1.34% to Rs. 1688.00, Mahindra & Mahindra Limited by 1.23% to Rs. 811.75 and TCS Limited by 0.88% to Rs. 480.00 among others.

Major losers from the BSE Sensex Pack are Bharti Airtel Limited weaken by plunged 48.05% to Rs. 422.85, Housing Development Finance Co by 2.75% to Rs. 2385.00, Reliance Industries Limited by 1.80% to Rs. 2001.50, State Bank of India by 1.22% to Rs. 1704.80, HDFC Bank Limited by 0.95% to Rs. 1441.90, Reliance Infrastructure by 0.80% to Rs. 1157.30 and ACC Limited by 0.78% to Rs. 848.00.

The BSE Auto is higher by 143.53 points or 2.72% at 5,417.76. Stocks trading in green are Tata Motors Limited spurted 6.79% to Rs. 363.50, Bharat Forge Limited 6.72% to Rs. 170.00, Amtek Auto Limited 6.42% to Rs. 123.55, MRF Limited 4.29% to Rs. 3663.95, Exide Industries Limited by 4.05% to Rs. 78.30, Maruti Suzuki India Limited by 3.66% to Rs. 1,343.00 and Escorts Limited 3.21% to Rs. 64.35 among others.

Alstom Projects India Limited advanced 0.97% to Rs. 524.60 after net profit increased phenomenally 100.60% to Rs. 38.75 crore in Q1 June 2009 compared to Q1 June 2008.

Essel Propack Limited spurted 4.94% to Rs. 27.60 after the company posted net profit of Rs 5.24 crore in Q2 June 2009 as against net loss of Rs 9.75 crore in Q2 June 2008, on a consolidated basis.

Maruti Suzuki India Limited spurted 3.66% to Rs. 1343.00 after reporting higher-than-expected net profit in Q1 June 2009.

Gujarat State Petronet Limited zoomed 4.83% to Rs. 66.15 after net profit increased phenomenally 146.6% to Rs. 80.49 crore on a 76.4% rise in sales to Rs. 210.82 crore in Q1 June 2009 over Q1 June 2008.

Bharat Forge Limited shoot up 6.72% to Rs. 170.00 after the company expressed positive outlook for the future at the time of announcing Q1 June 2009 results

Idea Cellular surged 3.53% to Rs. 80.55 after net profit grew 14.7% to Rs. 309.21 crore on a 29.7% increase in sales to Rs. 2817.94 crore in Q1 June 2009 over Q1 June 2008.

Ambuja Cements Limited plunged 2.06% to Rs. 94.95 after net profit sunk 43.74% to Rs 324.65 crore in Q2 June 2009 over Q2 June 2008.

Market In A Straight Line Broken Down Positive - July 24, 2009

After starting off with a positive bias due to firm Asian Markets, the key benchmark indices have erased early gains and have slipped sharply from day''s high. The blue chip stocks are facing extreme resistance at higher level. On a stock specific move, Idea cellular is trading higher by 5% after it posted better than expected 13% growth in consolidated net profit at Rs 297 crore in the June quarter on the back of robust subscriber addition.

During the last hours'' trading session, buying interest has emerged across Auto, Consumer Duarble (CD) and Realty stocks while selling pressure has seen across FMCG and Banking counters.

Among the BSE sectoral indices Auto, Consumer Duarble (CD) and Realty stocks surged by 2.42%, 2.02% and 1.93% respectively, while the FMCG and Bankex indices dipped by 0.89% and 0.45% respectively.

Out of the total 2,266 stocks traded at BSE, 1,465 Advanced, 724 declined while 77 remained unchanged.

The BSE Sensex up by 18.35 points at 15,249.4 while NSE Nifty surged by 8.9 points at 4,532.65.

Besides, the BSE Mid Cap and Small Cap are trading higher by 61.93 points and 65.53 points at 5,355.3 and 6,008.39 respectively.

Gainers from the BSE Sensex Pack are Maruti suzuki up by (4.18%) to Rs. 1,349.75, along with Tata Motors by (3.64%) to Rs. 352.80, DLF Limited by (3.21%) to Rs. 381.50, Tata Steel by (2.71%) at Rs. 426, Sterlite Industries by (2.37%) at Rs. 647.70, and BHEL Limited by (2.10%) at Rs. 2,213.

Gainers from the NSE Nifty Pack are Suzlon Energy increased by (4.25%) at Rs. 100.5, along with Maruti Suzuki by (3.97%) at Rs. 1,347.25, Idea Cellular by (3.78%) at Rs. 80.95, DLF Limited by (3.68%) at Rs. 383.55, ABB Limited by (3.65%) at Rs. 743.8 and Tata Motors by (3.36%) at Rs. 351.8.

BSE Auto is trading higher by (2.42%) or 127.83 points at 5,402.06. The top gainers are Bharat Forge surged by (8.60%) at Rs. 173 along with Amtek auto by (7.67%) at Rs. 125, MRF Limited by (5.32%) to Rs. 3,700, Maruti suzuki by (4.21%) at Rs. 1,350 followed by Tata Motors by (3.45%) at Rs. 352.15.

BSE Realty is trading higher by (2.02%) or 73.58 points at 3,709.27. The top gainers in the index are Phoenix Mill surged by (5.95%) to Rs. 106 along with Orbit Co by (4.98%) to Rs. 173.95, Parsvnath by (3.90%) to 107.80, DLF Limited by (3.21%) to Rs. 381.50, followed by Ansal Infra by (2.66%) to Rs. 57.85.

Markets Be Present Trading At Night High - July 23, 2009

The markets gained further grounds and are now trading at day’s high as strong buying emerged across the board. The Metal and Consumer Durables index today outperformed the benchmark indices as they are now trading with a gain of more than 4% each. Further, the Realty, FMCG and Auto stocks are also witnessing strong buying interest.

The BSE Sensex is now trading above the 15,200 mark and the NSE Nifty above the 4,500 mark.

The overall market breadth is positive as 1630 stocks are advancing while 897 stocks are declining in BSE.

Reliance Infra reported the top gainer from the BSE Sensex pack, as it is trading up by (5.84%) at Rs. 1,155 while Bharti Airtel reported the top loser trading down by (2.53%) at Rs. 802.

The BSE Sensex is trading up by 369.29 points at 15,212.41 and the NSE Nifty is trading higher by 115.70 points at 4,514.60.

The BSE Mid Cap increased by 111.62 points to 5,286.36 and the BSE Small Cap grew by 115.30 points to 5,932.66.

The Consumer Durables index is trading with strong gains of 125.15 points or 4.26% at 3,060.09. Gainers from this pack are Blue Star trading up by 7.74% at Rs. 352 along with Titan Inds by 3.87% at Rs. 1,305, Videocon Ind by 2.25% at Rs. 173, Gitanjali GE by 2.04% at Rs. 100, Rajesh Exports by 2.03% at Rs. 40.20.

The Metal index is trading up by 486.21 points or 4.29% at 11,831.82. Leading from the gainers pack are Hindalco Ind trading up by 6.78% at Rs. 91.30 followed by Ispat Inds by 6.05% at Rs. 21.90, Sterlite Inds by 5.56% at Rs. 634.75, Hind Zinc by 5.05% at Rs. 685, SAIL by 4.69% at Rs. 174.10, Jindal Steel by 4.35% at Rs. 2907.90, Welspun Guj SR by 4.25% at Rs. 208.45 and Tata Steel by 3.92% at Rs. 413.90.

The most active shares on NSE are Satyam Comp trading at Rs. 103.85 with a total traded quantity of 89161970 shares followed by IFCI trading at Rs. 49.45 with a total traded quantity of 48557919 shares.

Maruti Suzuki India Limited is trading up by 5.25% at Rs. 1281. The company has posted a net profit after tax of Rs 5835.40 million for the quarter ended June 30, 2009 as compared to Rs 4658.50 million for the quarter ended June 30, 2008.

Total Income has increased from Rs 50823.60 million for the quarter ended June 30, 2008 to Rs 67095.30 million for the quarter ended June 30, 2009.

KEC International Limited is trading higher by 7.05% at Rs. 454.25. The company, a global leader in the power transmission EPC business, has won four orders totaling to Rs, 471 crores in the domestic market.

The two orders are from North East Transmission Company. Limited. (a Joint Venture of QNGC, IL&F5 and Govt of Tripura).

ACC Limited is trading up by 5.10% at Rs. 849. The company has posted a net profit of Rs 4856.193 million for the quarter ended June 30, 2009 where as the same was at Rs 2714.242 million for the quarter ended June 30, 2008.

Total Income is Rs 21382.483 million for the quarter ended June 30, 2009 where as the same was at Rs 18541.087 million for the quarter ended June 30, 2008.

On the global markets front, the European markets are now trading lower as the FTSE 100, DAX and CAC index are trading down by (0.12%), (0.01%) and (0.13%) respectively.

Market Traded Tightly Packed In The Northward Region - July 23, 2009

Market after a spectacular start, the key benchmark indices pared some of its early gains amidst mixed trading, but continued strength in large cap Metals, Realty and FMCG helped the bourses to elevate higher. Better-than-expected earnings headlines from India Inc technology players during recent weeks, leaves optimistic outlook.

Our market also got some support from firm Asian markets and announcement that Foreign Institutional Investors (FIIs) and the Non-Resident Indians (NRIs) have been allowed to invest in Indian Depository Receipts (IDR), according to the operational guidelines issued by the Reserve Bank of India on Wednesday, 22 July 2009.

On the sectoral front, out of 13 Indices, all were strong. Metal stocks rose as LMEX, a gauge of six metals traded on the London Metal Exchange rose 1.72% overnight.

The Market breadth, indicating the overall strength of the market, was stong. On BSE, out of 2,552 stocks traded so far, 1,585 shares advanced while 867 shares declined. Nearly 100 shares are unchanged.

The BSE Sensex is trading higher by 217.07 points at 15,060.20 whereas NSE Nifty is up by 72.30 points at 4,471.20.

The BSE Mid Cap is trading higher by 90.42 points at 5,265.16 and Small cap is trading up by 93.43 points at 5,910.80.

Major gainers from the BSE Sensex pack are Hindalco Industries Limited surged 5.61% to Rs. 90.30 along with Sterlite Industries Limited 4.97% to Rs. 631.20, ITC Limited 4.52% to Rs. 227.70, DLF Limited improved 3.48% to Rs. 358.25, Tata Motors Limited improved 3.36% to Rs. 335.45, Reliance Infrastructure Limited gained 2.82% to Rs. 1,122.00, Jaiprakash Associates Limited gained 2.72% to Rs. 224.80, Maruti Suzuki Limited by 2.70% to Rs. 1,250.00, Tata Steel by 2.47% to Rs. 408.15, Reliance Communication by 2.39% to Rs. 268.10, Infosys Technologies Limited by 2.28% to Rs. 1,962.95 and TCS Limited by 2.20% to Rs. 476.10 among others.

Major losers from the BSE Sensex Pack are Sun Pharmaceuticals Limited weaken by 1.81% to Rs. 1,231.90 and Bharti Airtel Limited by 1.57% to Rs. 809.90.

The BSE CD is higher by 124.05 points or 4.23% at 3,058.99. Stocks trading in green are Blue Star Limited spurted 7.94% to Rs. 352.65, Titan Industries Limited 3.39% to Rs. 1,299.00, Videocon Industries Limited 2.23% to Rs. 173.15, Gitanjali Gems Limited 1.79% to Rs. 99.75 and Rajesh Exports Limited 1.27% to Rs. 39.90 among others.

IFCI Limited gained 1.66% to Rs. 49.00 despite net profit retreated 33.3% to Rs. 100.78 crore in Q1 June 2009 as against Q1 June 2008.

Maharashtra Seamless Limited gained 1.65% to Rs. 255.00 after net profit rose 8.2% to Rs. 65.22 crore in Q1 June 2009 as against Q1 June 2008.

Ponni Sugars Erode Limited spurted 9.51% to Rs. 60.45 after the company posted net profit of Rs. 4.46 crore in Q1 June 2009 as against net loss of Rs. 1.03 crore in Q1 June 2008.

Biocon Limited zoomed 3.25% to Rs. 219.25 after consolidated net profit increased phenomenally 283.16% to Rs 57.55 crore in Q1 June 2009 as against Q1 June 2008.

ITC Limited gained 4.52% to Rs. 227.70 ahead of the quarterly result announcement due later today.

Siemens Limited improved 0.53% to Rs. 464.90 after the company bagged two orders aggregating Rs. 109 crore.

Sun Pharmaceutical Industries Limited plummeted 1.81% to Rs. 1,231.90 after US law firm Izard Nobel Llp filed a lawsuit seeking class action status against its US subsidiary Caraco Pharmaceutical Laboratories.

Jindal Drilling & Industries Limited spurted 10.75% to Rs. 533.80 after net profit increased in triple digit 330.3% to Rs 16.61 crore in Q1 June 2009 as against Q1 June 2008.