Date : Mar-03-2009 14:36
The markets are witnessing some volatility today. There is lack of any direction in the markets. The significant selling pressure witnessed among the Consumer Durables, FMCG, IT and Pharma stocks. Also the mid-cap and the small-cap stocks are trading lower. The BSE Sensex is now trading below the 8,600 mark and the NSE Nifty is trading around the 2,670 mark.
The overall market breadth is negative as 965 stocks are advancing while 1316 stocks are declining in BSE.
Grasim Industries reported the top gainer from the BSE Sensex pack, as it is trading up by (4.36%) at Rs. 1,381.65. However, Tata Power reported the top loser down by (3.38%) at Rs. 687.65.
At 2.30PM BSE Sensex is at 8,581.46 down by 25.62 points and Nifty is at 2,670.20 down by 4.40 points.
The BSE Mid Cap is lower by 18.93 points at 2,682.05 and the BSE Small Cap decreased by 13.56 points to 3,035.72.
The Realty index is trading with gains of 13.24 points at 1,393.08. Gainers from this pack are Akruti City trading up by 3.50% at Rs888 along with DLF by 1.31% at Rs150.95, Unitech by 1.12% at Rs27.20,, Indiabull Real by 1.06% at Rs90.50, HDIL by 0.98% at Rs72.45, Mahindralife by 0.32% at Rs92.90.
The Oil and Gas index is trading up by 53.42 points at 5,939.39. Leading from this pack are BPCL trading higher by 3.01% at Rs388.40 followed by IOCL by 2.46% at Rs447.80, HPCL by 2.45% at Rs286.95, RNRL by 1.65% at Rs40.05, Reliance Inds by 1.51% at Rs1243.70, Aban Offshore by 1.29% at Rs297.50 and RPL by 1.13% at Rs76.
The most active shares on NSE are Unitech trading at Rs.27.35 with a total traded quantity of 21587918 shares followed by ICICI Bank trading at Rs.305.65 with a total traded quantity of 17797165 shares.
HCL Technologies is trading up by 2.28% at Rs96.40. The company announced signing a multi crore end to end IT services engagement covering the entire IT lifecycle from transformation to integration and operations management with National Insurance Company Ltd (NIC), one of the leading general insurance companies in India for a period of 7 years. The value of the contract is Rs 393 crore. During the seven-year engagement, HCL will be responsible for setting up and managing a new enterprise wide IT Landscape for NIC. This will cover business process re-engineering, application blueprinting and roll out of 19 applications, systems integration and management services across Data Centre, networks, security and helpdesk services spanning over 1,034 branches and 10,000 end-users across the country. This engagement also involves the physical hosting of the data centre and provisioning of Business Continuity services.
Sadbhav Engineering is trading lower by 2.91% at Rs285.40. The company led consortium- Sadbhav-Srei-Srei Sahaj has bagged build-operate-transfer road project worth Rs15.71bn. The consortium was awarded the project for the modernization and the computerization of the integrated border check posts at 22 locations in Maharashtra. This project will be on a Build Operate and Transfer basis in the name of joint venture known as ''Sadbhav - SREI- SREI Sahaj Consortium'' in the ratio of 51:39:10 respectively by the Maharashtra State Road Development Corporation.
IVRCL is trading with gains of 0.19% at Rs105.35. The company has bagged orders worth Rs670.03 crores.
On the global markets front, the European markets are trading higher as FTSE 100 and DAX index are trading up by (1.07%) and (0.58%) respectively.
The markets are witnessing some volatility today. There is lack of any direction in the markets. The significant selling pressure witnessed among the Consumer Durables, FMCG, IT and Pharma stocks. Also the mid-cap and the small-cap stocks are trading lower. The BSE Sensex is now trading below the 8,600 mark and the NSE Nifty is trading around the 2,670 mark.
The overall market breadth is negative as 965 stocks are advancing while 1316 stocks are declining in BSE.
Grasim Industries reported the top gainer from the BSE Sensex pack, as it is trading up by (4.36%) at Rs. 1,381.65. However, Tata Power reported the top loser down by (3.38%) at Rs. 687.65.
At 2.30PM BSE Sensex is at 8,581.46 down by 25.62 points and Nifty is at 2,670.20 down by 4.40 points.
The BSE Mid Cap is lower by 18.93 points at 2,682.05 and the BSE Small Cap decreased by 13.56 points to 3,035.72.
The Realty index is trading with gains of 13.24 points at 1,393.08. Gainers from this pack are Akruti City trading up by 3.50% at Rs888 along with DLF by 1.31% at Rs150.95, Unitech by 1.12% at Rs27.20,, Indiabull Real by 1.06% at Rs90.50, HDIL by 0.98% at Rs72.45, Mahindralife by 0.32% at Rs92.90.
The Oil and Gas index is trading up by 53.42 points at 5,939.39. Leading from this pack are BPCL trading higher by 3.01% at Rs388.40 followed by IOCL by 2.46% at Rs447.80, HPCL by 2.45% at Rs286.95, RNRL by 1.65% at Rs40.05, Reliance Inds by 1.51% at Rs1243.70, Aban Offshore by 1.29% at Rs297.50 and RPL by 1.13% at Rs76.
The most active shares on NSE are Unitech trading at Rs.27.35 with a total traded quantity of 21587918 shares followed by ICICI Bank trading at Rs.305.65 with a total traded quantity of 17797165 shares.
HCL Technologies is trading up by 2.28% at Rs96.40. The company announced signing a multi crore end to end IT services engagement covering the entire IT lifecycle from transformation to integration and operations management with National Insurance Company Ltd (NIC), one of the leading general insurance companies in India for a period of 7 years. The value of the contract is Rs 393 crore. During the seven-year engagement, HCL will be responsible for setting up and managing a new enterprise wide IT Landscape for NIC. This will cover business process re-engineering, application blueprinting and roll out of 19 applications, systems integration and management services across Data Centre, networks, security and helpdesk services spanning over 1,034 branches and 10,000 end-users across the country. This engagement also involves the physical hosting of the data centre and provisioning of Business Continuity services.
Sadbhav Engineering is trading lower by 2.91% at Rs285.40. The company led consortium- Sadbhav-Srei-Srei Sahaj has bagged build-operate-transfer road project worth Rs15.71bn. The consortium was awarded the project for the modernization and the computerization of the integrated border check posts at 22 locations in Maharashtra. This project will be on a Build Operate and Transfer basis in the name of joint venture known as ''Sadbhav - SREI- SREI Sahaj Consortium'' in the ratio of 51:39:10 respectively by the Maharashtra State Road Development Corporation.
IVRCL is trading with gains of 0.19% at Rs105.35. The company has bagged orders worth Rs670.03 crores.
On the global markets front, the European markets are trading higher as FTSE 100 and DAX index are trading up by (1.07%) and (0.58%) respectively.
No comments:
Post a Comment