The market continues to trade on a negative note, owing to weak global markets and ahead of F&O expiry tomorrow. As of 1035, the BSE Sensex is down 39 points at 29,532 and the NSE Nifty is now quoted at 8,907 - down 4 points. The broader indices are still out-performing the CNX Nifty index, the Smallcap, Midcap and Nifty Junior indices have gained 0.6-0.4 per cent each at 5,527, 13,211 and 19,663, respectively. The India VIX (Volatility) index has soared over 3.5 per cent at 18.7500. Among sectors, the CNX Metal and Infra indices have declined 0.3 per cent each at 2,575 and 3,332, respectively. The Auto and FMCG indices are marginally down. On the other hand, the IT and Pharma indices have gained 0.5 per cent each at 11,749 and 11,636, respectively. The breadth is slightly negative in morning deals - out of 1,730 stocks so far traded on the NSE 742 stocks are declining, while 657 stocks are advancing. Bharti Airtel is the top loser in the Nifty-50 stocks; the stock has slipped around 3 per cent to Rs. 383. Tata Motors has tumbled over 2 per cent at Rs. 592. Jindal Steel, Cairn India, Cipla, Sesa Sterlite, Tata Steel and Gail India are the other significant losers. On the other hand, Asian Paint has surged over 3 per cent at Rs. 911. HCL Technologies and Tech Mahindra jumped nearly 2 per cent each at Rs. 1,646 and Rs. 2,865, respectively. BPCL, IDFC, TCS, Maruti Suzuki and Sun Pharma are the other prominent gainers.
No comments:
Post a Comment