The markets ended in red on account of selling pressure in largecaps from bank, FMCG, IT and energy sector. Broader markets held out their gains and BSE midcap and smallcap outperformed the Sensex. The midcap index was up 1% and smallcap index is up 1.4%.
Cues from Asia were not very encouraging as most of the Asia closing in red. Hang Seng down 1450 points or 5%, Shanghai down 2.5%, Straits and Thailand were down nearly 2% each.
Top gainers on the indices were Ranbaxy, Bharti Airtel, Cipla, SBI, NTPC, Tata Power, PNB and HPCL.
Noida Toll Bridge, Jaiprakash Hydro, RNRL, HMT are among the other gainers from broader markets.
Top losers on the indices were ONGC & ICICI Bank down over 4% each, HDFC Bank down 3%, Infosys and GlaxoSmithKline.
Sensex was down 385.45 points or 1.93% at 19590.78, and the Nifty down 85.10 points or 1.43% at 5847.30.
About 1569 shares have advanced, 1418 shares declined, and 75 shares are unchanged.
The BSE Smallcap Index ended at 9,847.02 down 1.1%.
The BSE Bankex was down 2% at 11,007.95. Union Bank, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 2% at 20,052.28. Punj Lloyd, AIA Engineering, Areva T&D, ABB, BHEL closed lower.
The BSE Auto Index closed at 5,328.69 down 2%. Bharat Forge, Maruti, Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 17,401.69 down 2%. Hindalco, Shree Precoated, NALCO, Hind Zinc, Mah Seamless closed lower.
The BSE FMCG Index closed at 2,026.66 down 4%. HUL, ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed down 2% at 11,505.54. ONGC down 4.9%, RIL down 1.9% ended in red.
The BSE IT Index was down 1.5% at 4,567.13. Mphasis, Patni Computer, Tech Mahindra, I-Flex Solution, TCS closed lower.
The NSE cash turnover was at Rs 22771.1 crore and the NSE F&O turnover was at Rs 77646.90 crore. The BSE cash turnover was Rs 9008.86 crore. Total market wide turnover was at Rs 109426.86 crore.
Mkts in deep red: ICICI Bk, ONGC, HDFC Bk slip
The markets have lost further ground and continue to trade in deep red tracking its Asian peers. Selling pressure is seen in select bank stocks like ICICI Bank and HDFC Bank and heavyweight like ONGC accompanied by the FMCG duo ITC and HUL.
Cues from Asia are not very encouraging as most of the Asia closing in red. Hang Seng down 1450 points or 5%, Shanghai down 2.5%, Straits and Thailand were down nearly 2% each.
At 14.10 hrs IST, the Sensex is down 352.57 points or 1.76% at 19623.66, and the Nifty down 74.05 points or 1.25% at 5858.35.
About 1627 shares have advanced, 1342 shares declined, and 92 shares are unchanged.
Most of BSE sector indces are trading in red IT, auto, oil & gas and FMCG stocks were among top laggards, however realty, metal and capital goods index are trading flat.
Broader markets have held out and BSE midcap and smallcap have been outperforming the Sensex. The midcap index is up 1% and smallcap index is up 1.4%. Market breadth was positive.
Rupee was trading at 39.32 against US dollar.
Top gainers on the indices are Ranbaxy, Bharti Airtel, Cipla, SBI, NTPC, Tata Power, PNB and HPCL .
Noida Toll Bridge, Jaiprakash Hydro, RNRL, HMT are among the other gainers from broader markets.
Top losers on the indices are ONGC & ICICI Bank down over 4% each, HDFC Bank down 3%, Infosys and GlaxoSmithKline.
Markets slip: Auto, bank, oil & gas, IT stocks down
The markets are trading weak on account of selling pressure seen in select bank stocks like ICICI Bank and HDFC Bank and heavyweight like ONGC accompanied by the FMCG duo ITC and HUL.
Cues from Asia are not very encouraging as most of the Asia closing in red. Hang Seng down 1450 points or 5%, Shanghai down 2.5%, Straits and Thailand were down nearly 2% each.
Most of BSE sector indces are trading in red IT, auto, oil & gas and FMCG stocks were among top laggards, however realty, metal and capital goods index are trading flat.
At 1:09 hrs IST, the Sensex is down 231.75 points or 1.16% at 19744.48, and the Nifty down 45.10 points or 0.76% at 5887.30.
About 1792 shares have advanced, 1189 shares declined, and 80 shares are unchanged.
Broader markets have held out and BSE midcap and smallcap have been outperforming the Sensex. The midcap index is up 1.7% and smallcap index is up 2%. Market breadth was positive.
Rupee was trading at 39.32 against US dollar.
Top gainers on the indices are Ranbaxy, Bharti Airtel, SBI, NTPC, Tata Power PNB and HPCL .
Top losers on the indices are ONGC, ICICI Bank, HDFC Bank, Infosys and GlaxoSmithKline.
In the metal sector, Jindal Steel at 13,150 up 3.86%, JSW Steel at 948.90 up 2.69% and Sesa Goa at 3,730 up 2.11% were the top gainers. In realty counter, HDIL at 715.30 up 5.03%, Parsvanth at 337 up at 3.18% and Omaxe at 313.20 up 2.71% were the top gainers.
Reliance Natural, Reliance Industries and Rel Petroleum were the most active stocks on NSE as well as BSE.
Markets quiet; realty, metal index firm
The markets are trading very quiet. IT, auto and FMCG stocks are under pressure, however realty and metal index are trading firm with over 1% gains.
Rupee was trading at 39.32 against US dollar. Market breadth was positive on NSE with nearly 800 stocks on the advancing side and about 350 stocks on the decline side.
At 11.28 am, the Sensex is down 59.39 points or 0.30% at 19916.84, and the Nifty up 14.70 points or 0.25% at 5947.10. About 1790 shares have advanced, 1176 shares declined, and 95 shares are unchanged.
Top gainers on the Nifty are Tata Power at Rs 1,375 up 5.42%, PNB at Rs 570.05 up 5.23% and HPCL at Rs 248 up 3.64%. BSE Realty and Metal index was up over 1%.
In the metal sector, Jindal Steel at 13,150 up 3.86%, JSW Steel at 948.90 up 2.69% and Sesa Goa at 3,730 up 2.11% were the top gainers. In realty counter, HDIL at 715.30 up 5.03%, Parsvanth at 337 up at 3.18% and Omaxe at 313.20 up 2.71% were the top gainers.
Top losers on the Nifty are ONGC at Rs 1,337 down 2.14%, Infosys at Rs 1,880 down 1.94% and GlaxoSmithKline at Rs 1,037 down 1.92%.
BSE midcap and smallcap have been outperforming the Sensex. BSE midcap was up 1.52% at 8143.25 and smallcap was up 2.04% at 9940.71.
Reliance Natural, Reliance Industries and Rel Petroleum were the most active stocks on NSE as well as BSE.
Hindustan Lever was trading at Rs 194.80 down 0.49%, Reliance was trading at Rs 2,681.00 down 1.17%, Infosys was trading at Rs 1,881.00 down 1.43%, ITC was trading at Rs 174.55 down 0.46% and HPCL was trading at Rs 248.00 up 3.7%.
Mkts turn volatile; Auto, oil & gas stocks weak
The markets are trading weak amid volatility. It lost further ground on account of some more selling seen in the oil & gas, auto and FMCG stocks. However, realty, metal and capital good stocks are still holding up firmly.
The markets breadth was positive with nearly 750 stocks on the advancing side and about 325 stocks on the decline side on NSE. Rupee was quoting at 39.34 against US dollar. BSE Midcap and the smallcap index have outperformed the sensex today.
At 11 am, the Sensex is down 99.38 points or 0.50% at 19876.85, and the Nifty down 3.95 points or 0.07% at 5928.45. About 1817 shares have advanced, 1139 shares declined, and 105 shares are unchanged.
Top gainers on the Nifty are PNB at Rs 565.10 up 4.32%, VSNL at Rs 528.50 up 3.57% and Reliance Petro at Rs 276.90 up 2.71%.
Top losers on the Nifty are ONGC at Rs 1,321.90 down 3.25%, ICICI Bank at Rs 1,297.95 down 2.66% and HDFC Bank at Rs 1,733.90 down 2.07%.
Most active shares on NSE are Reliance Natural at Rs 162.35 with 39,250,804 shares, Reliance Petroleum at Rs 277.20 with 17,924,002 shares and Reliance Inds at Rs 2,692 with 632,559 shares.
Mkts open with modest cut; Bharti, Tata Motors down
The markets opened on a quiet note in line with its Asian peers. Sensexn and Nifty both opened with modest cut today. At 9:56 am, Sensex was down 16 points at 19,959 and Nifty was down 9 points at 5923. Major gainers in the early trade were Rel Comm, Rel Petroleum, SBI, RIL, L&T. However, ONGC, Bharti, HDFC Bank, Tata Motors, Bajaj Auto and ITC were trading with modest cut.
Asian markets mostly declined today. Hong Kong's Hang Seng fell 0.69% or 209.94 points at 30,258.40, Japan's Nikkei plunged 0.94% or 154.84 points at 16,362.64, Taiwan's Taiwan Weighted declined 0.92% or 84.88 points at 9,188.21, Singapore's Straits Times was down 0.40% or 14.81 points at 3,700.51 and South Korea's Seoul Composite tumbled 0.33% or 6.72 points at 2,012.62.
Market cues:
* FIIs net buy USD 44.8 million in equity on Nov 1
* MFs net sell Rs 358 cr in equity on Nov 1
* NSE F&O Open Interest up by Rs 5,036 crore at Rs 89,945 crore
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