Friday, December 14, 2007

The markets have gainerd some points and were trading in green on the back of some buying witnessed in the realty, pharma, metal, consumer durables and FMCG stocks. IT, auto, capital goods and banking stocks were still under pressure.

At 12.40 pm, the Sensex is up 41.10 points or 0.20% at 20145.49, and the Nifty up 15.60 points or 0.26% at 6073.70. About 2409 shares have advanced, 635 shares declined, and 47 shares are unchanged.

Market breadth improved further and the advance decline ratio was nearly 3.5:1 on NSE. Inflation figure for the week ended Dec 1 was at 3.75% versus 3.01% during the same week previous year. Rupee was quoting at 39.36 against a US dollar.

Top gainers on the Nifty are ITC at Rs 203.35 up 3.57%, GlaxoSmithKline at Rs 1,067 up 2.67% and NALCO at Rs 451.10 up 2.38%.

Top losers on the Nifty are Sterlite Inds at Rs 1,054.50 down 1.86%, HDFC at Rs 3,112 down 1.81% and HDFC Bank at Rs 1,726.95 down 1.67%.

In the FMCG space, major gainers were P&G, Marico, ITC and Godrej Consumer Ltd. In the pharma sector, the buzzing stocks were Lupin, matrix, Cadila and Glaxosmithline.

SUN TV, Kaushlya Infra, EIH, IFCI, Lanco, Ispat Inds were some of the very active counters on the bourses today.

Mkts still choppy; pharma, FMCG, metals up

The markets were trading choppy since opening today swinging across the flat line. It has been one another good day for the midcap and smallcap counters which were outperforming the frontline stocks. Pharma, FMCG, consumer durable and metal stocks were in focus but the capital good, aut, IT and banking stocks were under pressure.

At 12.10 pm, the Sensex is up 16.50 points or 0.08% at 20120.89, and the Nifty down 2.05 points or 0.03% at 6056.05. About 2353 shares have advanced, 693 shares declined, and 45 shares are unchanged

Market breadth was in positive with nearly 900 stocks on the upper side and 200 stocks on the down side on NSE. Rupee was quoting at 39.40 against US dollar. BSE Midcap index was up over 1.3%.

Top gainers on the Sensex are ITC at Rs 203.70 up 3.45%, Cipla at Rs 208.10 up 2.13%, Ranbaxy Labs at Rs 419 up 1.91%.

Top losers on the Sensex are Mah and Mah at Rs 781.95 down 1.53%, HDFC Bank at Rs 1,732 down 1.46% Bharti Airtel at Rs 975.35 down 1.26%.

Top gainers on the Nifty are ITC at Rs 203.35 up 3.57%, GlaxoSmithKline at Rs 1,067 up 2.67% and NALCO at Rs 451.10 up 2.38%.

Top losers on the Nifty are Sterlite Inds at Rs 1,054.50 down 1.86%, HDFC at Rs 3,112 down 1.81% and HDFC Bank at Rs 1,726.95 down 1.67%.

SUN TV, Kaushlya Infra, EIH, IFCI, Lanco, Ispat Inds were some of the very active counters on the bourses today.

Mkts volatile; IT, auto, power stks under pressure

The markets turned volatile within few minutes of opening and were trading flat with modest cut. IT, auto, banking and power stocks were marginally subdued, but the FMCG, pharma, metal and durables were attracying some attention among the frontliners. Its another good day for the midcap counters which were outperforming the frontliners with significant margins.

Market breadth was in positive with nearly 900 stocks on the upper side and 200 stocks on the down side on NSE. Rupee was quoting at 39.40 against US dollar. BSE Midcap index was up over 1.3%.

At 11.05 hrs IST, the Sensex is down 23.51 points or 0.12% at 20080.88, and the Nifty down 9.40 points or 0.16% at 6048.70. About 2378 shares have advanced, 673 shares declined, and 40 shares are unchanged.

Top gainers on the Nifty are Hindalco at Rs 214 up 2.25%, ITC at Rs 200.60 up 2.16% and Cipla at Rs 208.20 up 2.16%.

Top losers on the Nifty are HDFC at Rs 3,080.05 down 2.82%, Sterlite Inds at Rs 1,047.70 down 2.49% and Sun Pharma at Rs 1,099.90 down 1.79%.

SUN TV, Kaushlya Infra, EIH, IFCI, Lanco, Ispat Inds were some of the very active counters on the bourses today.

Markets open quiet; pharma, powers stocks up

The markets opened on quiet note today in line with its Asian peers. US markets had also ended mixed yesterday. Power, pharma and FMCG stocks were in focus in the early trade.Kaushalya Infrastructure lists today on the bourses at Rs 65 versus its issue price of Rs 60. Rupee was trading at 39.40 against US dollar.

At 9:56 am, Sensex was up 51 points at 20115 and Nifty was down 3.6 points at 6054. major gainers in the early trade were ITC, Cipla, SBI, RPL, REL, M&M, Tata Power, Sun Pharma and Grasim. However, Idea Cellular and SAIL were trading lower.

Asian markets were trading lower. Hong Kong's Hang Seng slipped 0.19% or 51.82 points at 27,692.63, Taiwan's Taiwan Weighted declined 0.80% or 65.41 points at 8,122.54, Singapore's Straits Times was down 0.30% or 10.46 points at 3,468.85, South Korea's Seoul Composite plunged 0.53% or 10.08 points at 1,905.82. However, Japan's Nikkei gained 0.62% or 96.20 points at 15,632.72.

US markets: The Dow gained 44.06 points, or 0.33%, to 13,517.96. The Standard & Poor's 500 index shot up 1.82 points, or 0.12%, to 1,488.41, while the Nasdaq composite index slipped 2.65 points, or 0.10%, to 2,668.49.

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