Sun Pharma, Bharti Airtel, Lupin are the major losers this morning. The BSE Mid-cap Index is trading down 0.04% at 10,712, whereas BSE Small-cap Index is trading up 0.10% at 11,292.
Following Friday's strong gains, the market has started the week on a nervous note a day ahead of the RBI policy meet.
At 9:32 AM, the S&P BSE Sensex is trading at 27,825 mere four points, while NSE Nifty is trading at 8,429 down mere four points.
The BSE Mid-cap Index is trading down 0.04% at 10,712, whereas BSE Small-cap Index is trading up 0.10% at 11,292.
Some buying activity is seen in banking, metal, fmcg, IT, consumer durable goods and relty sectors, while pharma, auto and capital goods sector is showing weakness on BSE.
Cipla, Infosys, ITC, State Bank of India, NTPC, Coal India and HDFC are among the gainers, whereas Sun Pharma, Bharti Airtel, GAIL, Tata Motore and L&T are losing sheen on BSE.
Domestic institutions turned net sellers on Friday while FIIs were buyers. HSBC Manufacturing PMI will be announced today. The GDP numbers, which came after market hours on Friday will be given a consideration as the Indian economy saw an expansion of 7.3% in FY15. The market will also react to a host of results which were announced over the weekend including L&T, which remains upbeat about the domestic market despite a disappointing quarter.
Crude oil prices fell early today on expectations OPEC output would remain high after rising in May. Crude oil prices jumped almost 5 per cent on Friday, their biggest rally in over a month, as a bigger than expected drop in U.S. oil rigs in operation set off a renewed rush of bullish bets, says a report.
The CNX Pharma index has crashed nearly 3 percent to 12,148.
The breadth is marginally positive - out of 1,688 stocks traded on the NSE, 690 have advanced and 618 have declined.
Cipla is the top gainer in the Nifty-50, up 2 percent at RS. 663.
Infosys, HDFC, Yes Bank, ITC and Coal India are up over a percent each.
On the flip side, Sun Pharma has slumped over 7 percent to Rs. 896 on the back of brokerage downgrade.
Bharti Airtel has tanked 3.3 percent to Rs. 411, and Lupin has slipped over 2 percent to Rs. 1,794.
HCL Technologies, Mahindra & Mahindra, BPCL and Gail India are the other major losers.
At 9:32 AM, the S&P BSE Sensex is trading at 27,825 mere four points, while NSE Nifty is trading at 8,429 down mere four points.
The BSE Mid-cap Index is trading down 0.04% at 10,712, whereas BSE Small-cap Index is trading up 0.10% at 11,292.
Some buying activity is seen in banking, metal, fmcg, IT, consumer durable goods and relty sectors, while pharma, auto and capital goods sector is showing weakness on BSE.
Cipla, Infosys, ITC, State Bank of India, NTPC, Coal India and HDFC are among the gainers, whereas Sun Pharma, Bharti Airtel, GAIL, Tata Motore and L&T are losing sheen on BSE.
Domestic institutions turned net sellers on Friday while FIIs were buyers. HSBC Manufacturing PMI will be announced today. The GDP numbers, which came after market hours on Friday will be given a consideration as the Indian economy saw an expansion of 7.3% in FY15. The market will also react to a host of results which were announced over the weekend including L&T, which remains upbeat about the domestic market despite a disappointing quarter.
Crude oil prices fell early today on expectations OPEC output would remain high after rising in May. Crude oil prices jumped almost 5 per cent on Friday, their biggest rally in over a month, as a bigger than expected drop in U.S. oil rigs in operation set off a renewed rush of bullish bets, says a report.
The CNX Pharma index has crashed nearly 3 percent to 12,148.
The breadth is marginally positive - out of 1,688 stocks traded on the NSE, 690 have advanced and 618 have declined.
Cipla is the top gainer in the Nifty-50, up 2 percent at RS. 663.
Infosys, HDFC, Yes Bank, ITC and Coal India are up over a percent each.
On the flip side, Sun Pharma has slumped over 7 percent to Rs. 896 on the back of brokerage downgrade.
Bharti Airtel has tanked 3.3 percent to Rs. 411, and Lupin has slipped over 2 percent to Rs. 1,794.
HCL Technologies, Mahindra & Mahindra, BPCL and Gail India are the other major losers.
No comments:
Post a Comment