The markets have continued the downtrend as selling pressure in the market continues. Among the top losers were power stocks like Reliance Energy and Tata Power which have seen a dream run. Capital goods, metal and real estate stocks were among the laggards. BHEL, Maruti, Sterlite and Bharti saw deep cut.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%.
Cues from Asia were not very encouraging as most of the Asian indices were in red.
Midcaps like Reliance Capital, Mercator line and GMR Infrastructure are among the top losers. All the key BSE indices were in red , however IT index ended flat and select telecom stocks were trading in green. Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%.
In the capital goods space Jyoti Structure, Kirloskar Oil, Areva T&D are down over 8%. Alstom, ABB, Punj Loyd BHEL are down over 6% each.
It has been avery dramatic and volatile week for the markets. Sensex swung 1950 points and Nifty swung around 635 points. The frontline indices were down 4%
Sensex is down 438.41 points or 2.44% at 17559.98, and the Nifty down 135.70 points or 2.54% at 5215.30.
About 700 shares have advanced, 2301 shares declined, and 50 shares are unchanged.
The BSE Midcap Index ended at 7,238.58 down 2.5%.
The BSE Smallcap Index ended at 8,800.32 down 3%.
The BSE Bankex was down 2% at 8,837.55. Union Bank, SBI, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 4% at 15,429.29. Punj Lloyd, AIA Engineering, Areva T&D, ABB, BHEL closed lower.
The BSE Auto Index closed at 5,296.93 down 2%. Maruti, Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 14,480.00 down 4%. Sesa Goa, Jindal Steel, Sterlite Ind, Hindalco, Hind Zinc closed lower.
The BSE FMCG Index closed at 2,100.38 down 2%. ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 10,242.45 down 3%. RNRL, BPCL, Reliance, Reliance Petro ended in red.
The BSE IT Index was flat at 4,685.91. TCS up 2.5%, HCL Tech up 1.5%, Satyam, Infy up over 1%.
The NSE cash turnover was at Rs 21430.69 crore and the NSE F&O turnover was at Rs 83102.28 crore. The BSE cash turnover was Rs 9665.17 crore. Total market wide turnover was at Rs 114198.14 crore.
Mkt still in deep red: Maruti, Bharti, BHEL top losers
The markets are still trading in deep red as sustained selling pressure in scrips across sectors. Small cap index is down 3% and the midcap index is down over 2%. Power stocks like Rel Energy and Tata Power are the worst hit followed by BHEL, Maruti, Sterlite and Bharti.
Midcaps like Reliance Capital, Mercator line and GMR Infrastructure are among the top losers.
At 14.20 hrs IST, the Sensex is down 471.73 points or 2.62% at 17526.66, and the Nifty down 155.60 points or 2.91% at 5195.40.
About 651 shares have advanced, 2334 shares declined, and 66 shares are unchanged.
All the key BSE indices were in red , however IT index is trading flat and select telecom stocks are trading in green.
Metal, realty, capital goods and oil & gas stocks are among the worst hit. The breadth is exremely weak as pressure is seen in all the sectors. Capital goods, metal, realty indices are down over 5%.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%
Top losers on the indices are Reliance Energy, BHEL, Maruti Suzuki, BHEL and Bharti Airtel are each down over 7%.
Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%.
In the capital goods space Jyoti Structure, Kirloskar Oil, Areva T&D are down over 8%. Alstom, ABB, Punj Loyd BHEL are down over 6% each.
Markets plunge: Maruti, BHEL, Bharti top losers
The markets are seeing a free fall and have lost further ground moving deep into the red. Selling pressure is seen in scrips across sectors. All the key BSE indices were in red , however IT index is trading flat and select telecom stocks are trading in green. BSE midcap and smallcap index were down nearly 3.5% each.
Metal, realty, capital goods and oil & gas stocks are among the worst hit. The breadth is exremely weak as pressure is seen in all the sectors. Capital goods, metal, realty indices are down over 5%.
At 1:36 hrs IST, the Sensex is down 655.66 points or 3.64% at 17342.73, and the Nifty down 199.25 points or 3.72% at 5151.75.
About 582 shares have advanced, 2405 shares declined, and 64 shares are unchanged.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%
Top losers on the indices are Reliance Energy, BHEL, Maruti Suzuki, BHEL and Bharti Airtel are each down over 7%.
Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%.
In the capital goods space Jyoti Structure, Kirloskar Oil, Areva T&D are down over 8%. Alstom, ABB, Punj Loyd BHEL are down over 6% each.
Mkts southbound: Cap goods, realty, metal drag
The markets have lost further ground and have slipped deeper in the red. Selling pressure is seen in scrips across sectors. All the key BSE indices were in red, however IT index is trading flat and select telecom stocks are trading in green. BSE midcap and smallcap index were down 2% each. Metal, realty, capital goods and oil & gas stocks are among the worst hit. The breadth is exremely weak as pressure is seen in all the sectors.
Cues from Asia were not very encouraging as most of the Asian indices were in red.
At 12.37 hrs IST, the Sensex is down 603.25 points or 3.35% at 17,395.14, and the Nifty down 122.95 points or 2.30% at 5228.05.
About 798 shares have advanced, 2178 shares declined, and 75 shares are unchanged.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%
Top losers on the indices are Reliance Energy, BHEL, Maruti Suzuki, BHEL and Bharti Airtel are each down over 7%.
Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%
Most active shares on NSE are Reliance at Rs 2,464 with 1,436,692 shares, Reliance Comm at Rs 712.90 with 3,923,061 shares and Reliance Energy at Rs 1,431 with 1,352,063 shares.
Markets still under pressure; IT stocks up
The markets continue to trade under pressure as heavy selling has been happening across the board. All the key BSE indices were in red except IT index which was trading with modest gains. BSE midcap and smallcap index were also down significantly.
At 11 am, the Sensex is down 314.10 points or 1.75% at 17684.29, and the Nifty down 78.25 points or 1.46% at 5272.75. About 844 shares have advanced, 2129 shares declined, and 78 shares are unchanged.
Market breadth on NSE was bad with 157 stocks on the advancing side and over 980 stocks on the decline side. Rupee was quoting at 39.76 against US dollar. Oct Nifty future was trading with modest premium. Metal, realty and oil & gas stocks have been witnessing the major burnt and were trading with huge cuts.
Top gainers on the Sensex are Reliance Comm at Rs 728.90 up 2.45%, HDFC Bank at Rs 1,410 up 2.23% and TCS at Rs 1,140.70 up 1.95%.
Top losers on the Sensex are Reliance Energy at Rs 1,487 down 6.56%, BHEL at Rs 2,060 down 5.6% and Maruti Suzuki at Rs 1,090 down 5.11%.
Top gainers on the Nifty are Wipro at Rs 503.20 up 1.90%, Infosys at Rs 1,915 up 1.32% and HDFC Bank at Rs 1,406 up 1.28%.
Top losers on the Nifty are Tata Power at Rs 979.70 down 9.54%, Reliance Energy at Rs 1,468.90 down 7.69% and BHEL at Rs 2,068.80 down 5.45%.
Most active shares on NSE are Reliance at Rs 2,464 with 1,436,692 shares, Reliance Comm at Rs 712.90 with 3,923,061 shares and Reliance Energy at Rs 1,431 with 1,352,063 shares.
Markets open with huge gap down
The markets opened on a very weak note today on the back of heavy selling seen across the board. Cues from the Asian markets were not encouraging today and the breadth in the opening trade were were negative. All the key indices on BSE were in red.
At 9:56 am, Sensex was down 317 points at 17680 and Nifty was down 132 points at 5219. Major losers in the early trade were Rel Energy, Reliance Industries, BHEL, Cipla, ONGC, ITC, HUL, Bharti and Unitech.
Asian markets were trading mixed today. Japan's Nikkei slipped 1.59% or 271.98 points at 16,834.11, Singapore's Straits Times declined 1.14% or 43.56 points at 3,766.13, South Korea's Seoul Composite fell 0.69% or 13.87 points at 1,991.22. However, Hong Kong's Hang Seng gained 0.57% or 166.34 points at 29,465.05. Taiwan's Taiwan Weighted was up 0.10% or 9.79 points at 9,646.86.
US markets: The Dow slipped 3.58 points, or 0.03%, to 13,888.96. The Standard & Poor's index fell 1.16 points, or 0.08%, to 1,540.08. The technology-heavy Nasdaq composite Index added 6.64 points, or 0.24%, to 2,799.31.
Market cues:
* FM says market fall due to motivated rumour of PM resigning
* PM rules out resignation but says hasn't given up hopes on N-Deal
* FIIs net sell USd 440.4 million in equity on Oct 17
* MFs net buy Rs 22.1 crore in equity on Oct 17
* NSE F&O Open Interest down by Rs 2,272 crore (Rs 22.72 billion) at Rs 97,014 crore (Rs 970.14 billion)
F&O cues:
* Futures Open Interest down by Rs 3,234 crore (Rs 32.34 billion), Options Open Interest up by Rs 962 crore (Rs 9.62 billion)
* Stock Futures shed 2.6 cr shares in Open Interest
* Stock options add 1.38 cr shares in Open Interest
* Nifty Oct Futures shed 10 lakh shares in Open Interest
* Nifty Nov Futures add 15 lakh shares in Open Interest
* Nifty Open Interest Put-Call ratio at 1.23 Vs 1.36
* Nifty Puts shed 5 lakh shares in Open Interest
* Nifty Calls add 15.8 lakh shares in Open Interest
* Nifty 5700 Put adds 2 lakh shares in Open Interest
* Nifty 5600 Call adds 4.1 lakh shares in Open Interest
* Nifty 5700 Call adds 2.88 lakh shares in Open Interest
* Nifty 5800 Call adds 2.55 lakh shares in Open Interest
* Huge Option Action
* Power Grid 150 Call adds 32 lk shrs in OI, premium Rs 4.35
* RNRL 110 Call adds 24 lakh shares in Open Interest
* RPL 200 Call adds 24 lakh shares in Open Interest
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%.
Cues from Asia were not very encouraging as most of the Asian indices were in red.
Midcaps like Reliance Capital, Mercator line and GMR Infrastructure are among the top losers. All the key BSE indices were in red , however IT index ended flat and select telecom stocks were trading in green. Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%.
In the capital goods space Jyoti Structure, Kirloskar Oil, Areva T&D are down over 8%. Alstom, ABB, Punj Loyd BHEL are down over 6% each.
It has been avery dramatic and volatile week for the markets. Sensex swung 1950 points and Nifty swung around 635 points. The frontline indices were down 4%
Sensex is down 438.41 points or 2.44% at 17559.98, and the Nifty down 135.70 points or 2.54% at 5215.30.
About 700 shares have advanced, 2301 shares declined, and 50 shares are unchanged.
The BSE Midcap Index ended at 7,238.58 down 2.5%.
The BSE Smallcap Index ended at 8,800.32 down 3%.
The BSE Bankex was down 2% at 8,837.55. Union Bank, SBI, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 4% at 15,429.29. Punj Lloyd, AIA Engineering, Areva T&D, ABB, BHEL closed lower.
The BSE Auto Index closed at 5,296.93 down 2%. Maruti, Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 14,480.00 down 4%. Sesa Goa, Jindal Steel, Sterlite Ind, Hindalco, Hind Zinc closed lower.
The BSE FMCG Index closed at 2,100.38 down 2%. ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 10,242.45 down 3%. RNRL, BPCL, Reliance, Reliance Petro ended in red.
The BSE IT Index was flat at 4,685.91. TCS up 2.5%, HCL Tech up 1.5%, Satyam, Infy up over 1%.
The NSE cash turnover was at Rs 21430.69 crore and the NSE F&O turnover was at Rs 83102.28 crore. The BSE cash turnover was Rs 9665.17 crore. Total market wide turnover was at Rs 114198.14 crore.
Mkt still in deep red: Maruti, Bharti, BHEL top losers
The markets are still trading in deep red as sustained selling pressure in scrips across sectors. Small cap index is down 3% and the midcap index is down over 2%. Power stocks like Rel Energy and Tata Power are the worst hit followed by BHEL, Maruti, Sterlite and Bharti.
Midcaps like Reliance Capital, Mercator line and GMR Infrastructure are among the top losers.
At 14.20 hrs IST, the Sensex is down 471.73 points or 2.62% at 17526.66, and the Nifty down 155.60 points or 2.91% at 5195.40.
About 651 shares have advanced, 2334 shares declined, and 66 shares are unchanged.
All the key BSE indices were in red , however IT index is trading flat and select telecom stocks are trading in green.
Metal, realty, capital goods and oil & gas stocks are among the worst hit. The breadth is exremely weak as pressure is seen in all the sectors. Capital goods, metal, realty indices are down over 5%.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%
Top losers on the indices are Reliance Energy, BHEL, Maruti Suzuki, BHEL and Bharti Airtel are each down over 7%.
Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%.
In the capital goods space Jyoti Structure, Kirloskar Oil, Areva T&D are down over 8%. Alstom, ABB, Punj Loyd BHEL are down over 6% each.
Markets plunge: Maruti, BHEL, Bharti top losers
The markets are seeing a free fall and have lost further ground moving deep into the red. Selling pressure is seen in scrips across sectors. All the key BSE indices were in red , however IT index is trading flat and select telecom stocks are trading in green. BSE midcap and smallcap index were down nearly 3.5% each.
Metal, realty, capital goods and oil & gas stocks are among the worst hit. The breadth is exremely weak as pressure is seen in all the sectors. Capital goods, metal, realty indices are down over 5%.
At 1:36 hrs IST, the Sensex is down 655.66 points or 3.64% at 17342.73, and the Nifty down 199.25 points or 3.72% at 5151.75.
About 582 shares have advanced, 2405 shares declined, and 64 shares are unchanged.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%
Top losers on the indices are Reliance Energy, BHEL, Maruti Suzuki, BHEL and Bharti Airtel are each down over 7%.
Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%.
In the capital goods space Jyoti Structure, Kirloskar Oil, Areva T&D are down over 8%. Alstom, ABB, Punj Loyd BHEL are down over 6% each.
Mkts southbound: Cap goods, realty, metal drag
The markets have lost further ground and have slipped deeper in the red. Selling pressure is seen in scrips across sectors. All the key BSE indices were in red, however IT index is trading flat and select telecom stocks are trading in green. BSE midcap and smallcap index were down 2% each. Metal, realty, capital goods and oil & gas stocks are among the worst hit. The breadth is exremely weak as pressure is seen in all the sectors.
Cues from Asia were not very encouraging as most of the Asian indices were in red.
At 12.37 hrs IST, the Sensex is down 603.25 points or 3.35% at 17,395.14, and the Nifty down 122.95 points or 2.30% at 5228.05.
About 798 shares have advanced, 2178 shares declined, and 75 shares are unchanged.
On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07%
Top losers on the indices are Reliance Energy, BHEL, Maruti Suzuki, BHEL and Bharti Airtel are each down over 7%.
Top gainers on the Nifty are VSNL up 4%, MTNL up 1% and Infosys up 1%
Most active shares on NSE are Reliance at Rs 2,464 with 1,436,692 shares, Reliance Comm at Rs 712.90 with 3,923,061 shares and Reliance Energy at Rs 1,431 with 1,352,063 shares.
Markets still under pressure; IT stocks up
The markets continue to trade under pressure as heavy selling has been happening across the board. All the key BSE indices were in red except IT index which was trading with modest gains. BSE midcap and smallcap index were also down significantly.
At 11 am, the Sensex is down 314.10 points or 1.75% at 17684.29, and the Nifty down 78.25 points or 1.46% at 5272.75. About 844 shares have advanced, 2129 shares declined, and 78 shares are unchanged.
Market breadth on NSE was bad with 157 stocks on the advancing side and over 980 stocks on the decline side. Rupee was quoting at 39.76 against US dollar. Oct Nifty future was trading with modest premium. Metal, realty and oil & gas stocks have been witnessing the major burnt and were trading with huge cuts.
Top gainers on the Sensex are Reliance Comm at Rs 728.90 up 2.45%, HDFC Bank at Rs 1,410 up 2.23% and TCS at Rs 1,140.70 up 1.95%.
Top losers on the Sensex are Reliance Energy at Rs 1,487 down 6.56%, BHEL at Rs 2,060 down 5.6% and Maruti Suzuki at Rs 1,090 down 5.11%.
Top gainers on the Nifty are Wipro at Rs 503.20 up 1.90%, Infosys at Rs 1,915 up 1.32% and HDFC Bank at Rs 1,406 up 1.28%.
Top losers on the Nifty are Tata Power at Rs 979.70 down 9.54%, Reliance Energy at Rs 1,468.90 down 7.69% and BHEL at Rs 2,068.80 down 5.45%.
Most active shares on NSE are Reliance at Rs 2,464 with 1,436,692 shares, Reliance Comm at Rs 712.90 with 3,923,061 shares and Reliance Energy at Rs 1,431 with 1,352,063 shares.
Markets open with huge gap down
The markets opened on a very weak note today on the back of heavy selling seen across the board. Cues from the Asian markets were not encouraging today and the breadth in the opening trade were were negative. All the key indices on BSE were in red.
At 9:56 am, Sensex was down 317 points at 17680 and Nifty was down 132 points at 5219. Major losers in the early trade were Rel Energy, Reliance Industries, BHEL, Cipla, ONGC, ITC, HUL, Bharti and Unitech.
Asian markets were trading mixed today. Japan's Nikkei slipped 1.59% or 271.98 points at 16,834.11, Singapore's Straits Times declined 1.14% or 43.56 points at 3,766.13, South Korea's Seoul Composite fell 0.69% or 13.87 points at 1,991.22. However, Hong Kong's Hang Seng gained 0.57% or 166.34 points at 29,465.05. Taiwan's Taiwan Weighted was up 0.10% or 9.79 points at 9,646.86.
US markets: The Dow slipped 3.58 points, or 0.03%, to 13,888.96. The Standard & Poor's index fell 1.16 points, or 0.08%, to 1,540.08. The technology-heavy Nasdaq composite Index added 6.64 points, or 0.24%, to 2,799.31.
Market cues:
* FM says market fall due to motivated rumour of PM resigning
* PM rules out resignation but says hasn't given up hopes on N-Deal
* FIIs net sell USd 440.4 million in equity on Oct 17
* MFs net buy Rs 22.1 crore in equity on Oct 17
* NSE F&O Open Interest down by Rs 2,272 crore (Rs 22.72 billion) at Rs 97,014 crore (Rs 970.14 billion)
F&O cues:
* Futures Open Interest down by Rs 3,234 crore (Rs 32.34 billion), Options Open Interest up by Rs 962 crore (Rs 9.62 billion)
* Stock Futures shed 2.6 cr shares in Open Interest
* Stock options add 1.38 cr shares in Open Interest
* Nifty Oct Futures shed 10 lakh shares in Open Interest
* Nifty Nov Futures add 15 lakh shares in Open Interest
* Nifty Open Interest Put-Call ratio at 1.23 Vs 1.36
* Nifty Puts shed 5 lakh shares in Open Interest
* Nifty Calls add 15.8 lakh shares in Open Interest
* Nifty 5700 Put adds 2 lakh shares in Open Interest
* Nifty 5600 Call adds 4.1 lakh shares in Open Interest
* Nifty 5700 Call adds 2.88 lakh shares in Open Interest
* Nifty 5800 Call adds 2.55 lakh shares in Open Interest
* Huge Option Action
* Power Grid 150 Call adds 32 lk shrs in OI, premium Rs 4.35
* RNRL 110 Call adds 24 lakh shares in Open Interest
* RPL 200 Call adds 24 lakh shares in Open Interest
