The broader market is out-performing the BSE benchmark index, the Midcap and Smallcap indices have gained 0.5 percent each at 10,488 and 10,919, respectively.
The key benchmark indices, the BSE Sensex and the NSE Nifty have recovered most of its early losses, on the back of fresh buying in shares like - power, metal, energy, realty, auto and FMCG.
The BSE headline index is back above 27,000, but trade with a loss of 72 points at 27,180. The NSE Nifty which tested a low of 8,137 is now trading above 8,200. The Nifty-50 shares index is now down only 25 points at 8,208.
The broader market is out-performing the BSE benchmark index, the Midcap and Smallcap indices have gained 0.5 percent each at 10,488 and 10,919, respectively.
In sectors - the BSE IT index has declined almost a percent at 10,493. The Consumer Durables and Bankex indices are down 0.3 percent each.
On the other hand, the Power, Oil & Gas and Metal indices have advanced 0.4 percent each at 2,025, 9,270 and 9,948, respectively. The Auto and FMCG indices have also gained 0.3 percent each.
The breadth is positive in morning deals - out of 1,909 stocks traded on the BSE so far 1,071 stocks are advancing, while 750 stocks are declining.
Among Power stocks - Alstom T&D India soared almost 4 percent at Rs. 525. Siemens and JSW Energy surged over 2.5 percent each at Rs. 1,332 and Rs. 108, respectively.
NTPC has jumped almost 2 percent at Rs. 140. Reliance Infra and Torrent Power have rallied 1.5 percent each at Rs. 429 and Rs. 167, respectively.
NHPC, Tata Power, Suzlon Energy, Reliance Power and GMR Infra are the other notable gainers.
On the losing side, Power Grid has dropped over a percent at Rs. 139. BHEL and Crompton Greaves have declined 0.5 percent each at Rs. 226 and Rs. 172, respectively.
The BSE headline index is back above 27,000, but trade with a loss of 72 points at 27,180. The NSE Nifty which tested a low of 8,137 is now trading above 8,200. The Nifty-50 shares index is now down only 25 points at 8,208.
The broader market is out-performing the BSE benchmark index, the Midcap and Smallcap indices have gained 0.5 percent each at 10,488 and 10,919, respectively.
In sectors - the BSE IT index has declined almost a percent at 10,493. The Consumer Durables and Bankex indices are down 0.3 percent each.
On the other hand, the Power, Oil & Gas and Metal indices have advanced 0.4 percent each at 2,025, 9,270 and 9,948, respectively. The Auto and FMCG indices have also gained 0.3 percent each.
The breadth is positive in morning deals - out of 1,909 stocks traded on the BSE so far 1,071 stocks are advancing, while 750 stocks are declining.
Among Power stocks - Alstom T&D India soared almost 4 percent at Rs. 525. Siemens and JSW Energy surged over 2.5 percent each at Rs. 1,332 and Rs. 108, respectively.
NTPC has jumped almost 2 percent at Rs. 140. Reliance Infra and Torrent Power have rallied 1.5 percent each at Rs. 429 and Rs. 167, respectively.
NHPC, Tata Power, Suzlon Energy, Reliance Power and GMR Infra are the other notable gainers.
On the losing side, Power Grid has dropped over a percent at Rs. 139. BHEL and Crompton Greaves have declined 0.5 percent each at Rs. 226 and Rs. 172, respectively.
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