Markets ends marginally down.
Markets ended flat after a volatile session, as investors turned cautious ahead of quaterly result. Infosys, the bellwether stock of Information Technology index, will unveil its third quarter performance on Friday amid fear software maker may cut its revenue guidance for the fiscal year. Sensex closed down by 3.04 points at 19,663.55, while Nifty down by 2.85 points at 5,968.65.
Sectoral wise, barring Banks, Oil & Gas, PSU, Auto index, all sectoral indices drowned with Real-Estate, Power, Metals, Capital Goods, IT sectors leading declines. Mid-caps and Small-caps declined along with the benchmark indices by 0.60%.
Bankex index led gains among sectoral indices after the government today approved a proposal to inject Rs 12,517 crore in public sector banks to help them enhance the lending activity and meet the capital adequacy norms.
Major gainers stocks were, Tata Motors gaining by 2%, ONGC up by 3.4%, SBI & HDFC Bank up by 1%, ITC gaining by 0.5%, while Coal India rising by 0.3%.
Major loosing stocks were, Bharti Airtel declining by 1.2%, Hindalco and Sterlite down by 1.5%, BHEL declining by 2%, TCS, Wipro and Infosys were down by 1%, while Reliance Industries down by 0.4%.
Indiabulls Power Ltd and Bharat Heavy Electricals Ltd dropped after Barclays Capital and Citigroup warned two thermal power projects that the companies were involved with could have been held up, reports showed. Oil companies like HPCL , BPCL pared intra-day gains on profit-booking after the recent rally on fuel price hike optimism. HPCL falling by 2.11% after gaining by 2.8% earlier in session, while Bharat Petroleum Corp was down by 0.12% after gaining by 2.63% earlier.
Cement maker such as ACC, Ambuja, UltraTech fell 1-3% on near-term outlook concerns raised by global research firm JP Morgan. The other key notable movers, Arshiya International tanked almost 20% second day in a row and locked in lower circuit of Rs 77.95 on BSE with no buyers on the counter after the company said that it has removed non-performing employees.
Bajaj Finance rising by 2%, after the company announced rights issue plan. Tata Motors gained 2%, extending its previous day’s of 4% rally, after the company’s ADR (American Depository Receipts) surged over 6%, ahead of its Jaguar Land Rover (JLR) unit's wholesale volume numbers, which are scheduled to be released early next week.
Engineers India Limited (EIL) dipped almost 6%, after the Cabinet Committee on Economic Affairs (CCEA) approved the sale of 10% stake in the state-owned company.
Sectoral wise, barring Banks, Oil & Gas, PSU, Auto index, all sectoral indices drowned with Real-Estate, Power, Metals, Capital Goods, IT sectors leading declines. Mid-caps and Small-caps declined along with the benchmark indices by 0.60%.
Bankex index led gains among sectoral indices after the government today approved a proposal to inject Rs 12,517 crore in public sector banks to help them enhance the lending activity and meet the capital adequacy norms.
Major gainers stocks were, Tata Motors gaining by 2%, ONGC up by 3.4%, SBI & HDFC Bank up by 1%, ITC gaining by 0.5%, while Coal India rising by 0.3%.
Major loosing stocks were, Bharti Airtel declining by 1.2%, Hindalco and Sterlite down by 1.5%, BHEL declining by 2%, TCS, Wipro and Infosys were down by 1%, while Reliance Industries down by 0.4%.
Indiabulls Power Ltd and Bharat Heavy Electricals Ltd dropped after Barclays Capital and Citigroup warned two thermal power projects that the companies were involved with could have been held up, reports showed. Oil companies like HPCL , BPCL pared intra-day gains on profit-booking after the recent rally on fuel price hike optimism. HPCL falling by 2.11% after gaining by 2.8% earlier in session, while Bharat Petroleum Corp was down by 0.12% after gaining by 2.63% earlier.
Cement maker such as ACC, Ambuja, UltraTech fell 1-3% on near-term outlook concerns raised by global research firm JP Morgan. The other key notable movers, Arshiya International tanked almost 20% second day in a row and locked in lower circuit of Rs 77.95 on BSE with no buyers on the counter after the company said that it has removed non-performing employees.
Bajaj Finance rising by 2%, after the company announced rights issue plan. Tata Motors gained 2%, extending its previous day’s of 4% rally, after the company’s ADR (American Depository Receipts) surged over 6%, ahead of its Jaguar Land Rover (JLR) unit's wholesale volume numbers, which are scheduled to be released early next week.
Engineers India Limited (EIL) dipped almost 6%, after the Cabinet Committee on Economic Affairs (CCEA) approved the sale of 10% stake in the state-owned company.
Thu, Jan 10, 2013 at 15:30 PM
Markets ends marginally down.
Markets ended marginally down after a volatile session amid profit booking in OMC's (Oil Marketing Companies) and select Mid-Cap and Small-Cap stocks. Sensex declining by 14.15 points, ending at 19,652.44 (provisional), while Nifty felling by 10 points at 5,961.55 (provisional).
Thu, Jan 10, 2013 at 14:30 PM
Markets sheds early gains.
Markets declined in late noon trades as investors booked profits in Capital Goods, IT, Mid-cap and Small-cap sectors. Sensex declining by 42 points at 19,622, while Nifty down by 14 points at 5,957.
Except for Auto index, all other sectoral indices drowned with Real-Estate, Power, Metals, Capital Goods sectors leading declining.
Major key stocks active were, Bharti Airtel declining by 1.4%, Hindalco Industries and Sterlite Industries dropping by 1.5% and 0.5% respectively, BHEL down by 2%, ICICI Bank declining by 1%, TCS and Infosys also down by 1% and 0.3%, while Reliance Industries felling by 0.27%. Tata Motors gaining by 2.2%, ONGC rising by 1.4%, SBI and HDFC Bank up by 1%, Wipro gaining 0.5%, while Coal India rising 1%.
Overall market breadth turned negative, of 2,966 stocks traded, 1,754 stocks declined compared to 1,094 advanced.
Except for Auto index, all other sectoral indices drowned with Real-Estate, Power, Metals, Capital Goods sectors leading declining.
Major key stocks active were, Bharti Airtel declining by 1.4%, Hindalco Industries and Sterlite Industries dropping by 1.5% and 0.5% respectively, BHEL down by 2%, ICICI Bank declining by 1%, TCS and Infosys also down by 1% and 0.3%, while Reliance Industries felling by 0.27%. Tata Motors gaining by 2.2%, ONGC rising by 1.4%, SBI and HDFC Bank up by 1%, Wipro gaining 0.5%, while Coal India rising 1%.
Overall market breadth turned negative, of 2,966 stocks traded, 1,754 stocks declined compared to 1,094 advanced.
Thu, Jan 10, 2013 at 13:30 PM
Markets pare gains.
Markets after opening firm, parred gains and remain volatile in a narrow range. Sensex up marginally by 18 points at 19,685, while Nifty up by 3 points at 5,974.
Sectoral wise, Auto, PSU and Oil & Gas indices have surged by nearly 1% each, while sectors like Power, Capital Goods, FMCG, Healthcare, TECk and Realty are trading marginally lower.
Gainers stock at this hour are, Tata Motors is up by 3%, Maruti Suzuki and Hero Moto have gaining by nearly 1% each. Other notable gainers include ONGC, Coal India, HDFC Bank, SBI and JSPL.
Looser stock at this hour are, BHEL, Bharti Airtel, Sterlite, ICICI Bank and HUL all declining between 1-2%.
Shares in Indiabulls Power Ltd and Bharat Heavy Electricals Ltd dropped on Thursday after Barclays Capital and Citigroup warned two thermal power projects the two companies were involved with could have been held up.
Overall market breadth is negative, with 1,471 shares declining compared to 1,225 shares advancing.
Sectoral wise, Auto, PSU and Oil & Gas indices have surged by nearly 1% each, while sectors like Power, Capital Goods, FMCG, Healthcare, TECk and Realty are trading marginally lower.
Gainers stock at this hour are, Tata Motors is up by 3%, Maruti Suzuki and Hero Moto have gaining by nearly 1% each. Other notable gainers include ONGC, Coal India, HDFC Bank, SBI and JSPL.
Looser stock at this hour are, BHEL, Bharti Airtel, Sterlite, ICICI Bank and HUL all declining between 1-2%.
Shares in Indiabulls Power Ltd and Bharat Heavy Electricals Ltd dropped on Thursday after Barclays Capital and Citigroup warned two thermal power projects the two companies were involved with could have been held up.
Overall market breadth is negative, with 1,471 shares declining compared to 1,225 shares advancing.
Thu, Jan 10, 2013 at 11:30 AM
Markets pare gains.
Markets continued to trade in the green on strong cues from global peers. Sensex after touching a high of 19,783 slipped from its high and is now at 19,686, up by 20 points, while Nifty is up 6 points at 5,977.
Thu, Jan 10, 2013 at 10:30 AM
Markets pare gains.
Markets continued to trade in the green on strong cues from global peers. Sensex gaining high of 19,783 in opening deals, but pared some of its gains, is now up by 26 points at 19,693, Nifty is up by 6 points at 5,977.
Sectoral wise, PSU index is leading the gains up by 1%, Auto, Oil & Gas and Realty indices have also strengthen up by 0.50% each. However, Capital Goods and Consumer Durables are down marginally.
Tata Motors continued its good run and is up by 2%, ONGC and Coal India gaining by 2%, Wipro is up by 1.4%, Reliance Industries is up marginally, while Infosys is absolutely flat ahead of its results.
On the other hand, BHEL has slipped 1.3%, ICICI Bank, Hindalco, TCS and Bharti Airtel are some of the other key losers in morning trades.
Sectoral wise, PSU index is leading the gains up by 1%, Auto, Oil & Gas and Realty indices have also strengthen up by 0.50% each. However, Capital Goods and Consumer Durables are down marginally.
Tata Motors continued its good run and is up by 2%, ONGC and Coal India gaining by 2%, Wipro is up by 1.4%, Reliance Industries is up marginally, while Infosys is absolutely flat ahead of its results.
On the other hand, BHEL has slipped 1.3%, ICICI Bank, Hindalco, TCS and Bharti Airtel are some of the other key losers in morning trades.
Thu, Jan 10, 2013 at 09:30 AM
Markets open firm.
Markets have opened firm, amid global growth recovery optimism, after China posted better than expected export data. Sensex spurted by 61.43 points, opening at 19,728.02, while Nifty spurted by 27.30 points at 5,998.80 in opening trades.
Sectoral wise, Oil & Gas, PSU, Metals, Capital Goods sectors are the lead gainers. Mid-caps and Small-caps too raising by 0.5% each.
Key Gainers stocks are, Tata Motors gaining by 1.3%, ONGC rising 2%, SBI and Punjab National Bank up by 1%, Wipro and Infosys gaining by 0.1%, Hindalco and Sterlite were also up nearly by 1%, while Bharti Airtel declining by 0.2%.
Overall market breadth is positive, of 952 stocks traded, 746 stocks advanced compared to 182 declines.
Sectoral wise, Oil & Gas, PSU, Metals, Capital Goods sectors are the lead gainers. Mid-caps and Small-caps too raising by 0.5% each.
Key Gainers stocks are, Tata Motors gaining by 1.3%, ONGC rising 2%, SBI and Punjab National Bank up by 1%, Wipro and Infosys gaining by 0.1%, Hindalco and Sterlite were also up nearly by 1%, while Bharti Airtel declining by 0.2%.
Overall market breadth is positive, of 952 stocks traded, 746 stocks advanced compared to 182 declines.
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