The Sensex and Nifty were trading down by about 0.3 per cent in the mid-session on Monday due to profit-taking in IT, TECk and FMCG stocks amid mixed European cues.
At 1.05 p.m., the 30-share BSE index Sensex was down 72.53 points (0.35 per cent) at 20,810.36 and the 50-share NSE index Nifty was down 14.1 points (0.23 per cent) at 6,175.25.
Market-men attributed the dip to profit booking. Volatility index, India Vix, was at 20.89, up 3.82 per cent.
On the BSE, capital goods and realty indices were the star-performers and were up 3.68 per cent and 3.17 per cent, respectively, followed by metal 1.63 per cent and auto 1.17 per cent.
On the other hand, IT, TECk, FMCG and consumer durables indices lost investors' support and were down 1.89 per cent, 1.49 per cent and 1.1 per cent, respectively.
Among 30-share Sensex, L&T, SSLT, Maruti, Hindalco and Tata Steel were the top five gainers, while the top five losers Jindal Steel, TCS, ITC, BHEL and Infosys.
Better-than-expected second quarter results from corporates as on date saw the Nifty and the Sensex open marginally in the green.
The Nifty opened at 6,202, up 13 points, while the Sensex opened at 20,916, up 33 points.
European stocks were trading mixed and Asian stocks were up amid speculation that the US Federal Reserve will delay the stimulus cuts.
A report by Angel broking said: “Asian markets are trading higher amid speculation that the US Federal Reserve will delay stimulus cuts. US markets moved mostly higher over the course of the trading day on Friday, extending the upward trend seen in recent sessions.”
Stoxx 50 was down 7.91 points or 0.26 per cent at 3,025.40, FTSE 100 was up 3.04 points or 0.05 per cent at 6,625.62 and DAX fell 20.25 points or 0.23 per cent to 8,844.85.
Japan's Nikkei rose 132.03 points or 0.91 per cent to 14,693.60, Hong Kong's Hang Seng was up 26.31 points or 0.11 per cent at 23,366.40 and Australia's S&P/ASX 200 rose 30.31 points or 0.57 per cent to 5,351.77.
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