Sensex and Nifty are choppy in the morning trading hours. Indian market is cautious ahead of the US Federal Reserve's Monetary Policy meet to be held today. Also, the domestic Consumer Price Inflation data will be released today. Tata Motors stocks were trading higher by 3% , the leading stock in Auto segment which witnessed good rebound as compared to yesterday. Consumer Durables and Oil & Gas sectors are also witnessing some traction in the first hour of trading.
Asian markets opened flat after a weak start to the week saw most indices close in the red on Monday. The sharp rally in crude combined with US 10 year bond yields crossing 2.5% saw weakness again creep into the emerging markets basket. The Dow Jones continues its unprecedented rally as money chases US stocks, ETF's & bonds.
Asian indices were mixed tracking weak cues from the US, and as investors chose to await the outcome of the US Federal Reserve's monetary policy statement as gains led by rise in oil prices petered out. Japanese shares had declined as investors took profits after a recent rally that had taken shares to their highest level in a year. Focus will also be on China as a variety of data will be released including Chinese industrial output, retail sales and fixed asset formation numbers. This will determine the next set of moves to be made by the investors who will evaluate the stability of the country and its economy.
At 10:07 AM, the S&P BSE Sensex is trading at 26568 up 52 points, while NSE Nifty is trading at 8,179 up 9 points. A total of 13 stocks registered a fresh 52-week high in trade today, while 9 stocks touched a new 52-week low on the NSE.
Out of 1873 stocks traded on the NSE, 652 declined, 809 advanced and 412 remained unchanged today.
The BSE Mid-cap Index is trading down 0.12% at 12381.25, whereas BSE Small-cap Index is trading down 0.11% at 12244.36.
Some buying activity is observed in Auto, Consumer Durables, Oil & Gas sectors, while Metal, Bank, Basic Materials, Realty, Finance, Pharma are showing weakness on BSE.
Tata Motors, Tata Motors DVR, Wipro, Infratel, BPCL, Maruti, Reliance are among the gainers, whereas Hindalco, Zee, Grasim, Ultra Cement, Lupin, Tata Steel, BHEL, ACC are losing sheen on NSE.
The INDIA VIX is up 0.40% at 16.2575.
Asian markets opened flat after a weak start to the week saw most indices close in the red on Monday. The sharp rally in crude combined with US 10 year bond yields crossing 2.5% saw weakness again creep into the emerging markets basket. The Dow Jones continues its unprecedented rally as money chases US stocks, ETF's & bonds.
Asian indices were mixed tracking weak cues from the US, and as investors chose to await the outcome of the US Federal Reserve's monetary policy statement as gains led by rise in oil prices petered out. Japanese shares had declined as investors took profits after a recent rally that had taken shares to their highest level in a year. Focus will also be on China as a variety of data will be released including Chinese industrial output, retail sales and fixed asset formation numbers. This will determine the next set of moves to be made by the investors who will evaluate the stability of the country and its economy.
At 10:07 AM, the S&P BSE Sensex is trading at 26568 up 52 points, while NSE Nifty is trading at 8,179 up 9 points. A total of 13 stocks registered a fresh 52-week high in trade today, while 9 stocks touched a new 52-week low on the NSE.
Out of 1873 stocks traded on the NSE, 652 declined, 809 advanced and 412 remained unchanged today.
The BSE Mid-cap Index is trading down 0.12% at 12381.25, whereas BSE Small-cap Index is trading down 0.11% at 12244.36.
Some buying activity is observed in Auto, Consumer Durables, Oil & Gas sectors, while Metal, Bank, Basic Materials, Realty, Finance, Pharma are showing weakness on BSE.
Tata Motors, Tata Motors DVR, Wipro, Infratel, BPCL, Maruti, Reliance are among the gainers, whereas Hindalco, Zee, Grasim, Ultra Cement, Lupin, Tata Steel, BHEL, ACC are losing sheen on NSE.
The INDIA VIX is up 0.40% at 16.2575.
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