The markets are still trading in red but are off the day's lows. Selling pressure is seen in capital goods, telecom, FMCG, IT, oil stocks. However, selct buying is seen in banking and midcap stocks. Small cap index is trading absolutely flat. On the global front, most Asian markets were trading lower.
At 11.37 hrs IST, the Sensex is down 154.50 points or 0.98% at 15602.58, and the Nifty down 38.90 points or 0.82% at 4722.30.
About 1146 shares have advanced, 1103 shares declined, and 822 shares are unchanged.
L&T, Grasim, Bharti Airtel, Tata Communications and Wipro were top selling counters
Among the top gainers were BHEL, DLF, SBI, ICICI Bank, HDFC Bank and Sterlite Industries.
Bankex is up over 1%; BSE Midcap index is up 0.7%.
Orchid Chem, BHEL, Reliance Industries and L&T were most active shares on the bourses.
Capital goods stocks have underperformed the market today, BSE Capital Goods Index was down 1.5%.
Technology, telecom, FMCG, oil and banking stocks are under selling pressure on profit booking. These indices were down 0.5%-1%.
No comments:
Post a Comment