ALSO READ
- See Key Market Stats - Top Gainers/ Losers, Most Actives, Highs/Lows
- See how Global Markets are trading
- Indian ADRs
Reliance, ICICI Bank, ITC, Tata Steel and BHEL were the positive contributors to the Sensex. However, Infosys, HDFC, L&T, HDFC Bank and SBI were negative contributors.
Selling pressure was seen across the globe. Most Asian indices were down. Excluding FTSE European markets were also trading lower in early trades.
At 12.58 hrs IST, the Sensex was down 42.62 points or 0.22% at 19249.40, and the Nifty was down 16.30 points or 0.28% at 5769.15.
About 1175 shares have advanced, 1526 shares declined, and 932 shares remain unchanged.
Top losers on the Sensex were Jindal Steel at Rs 661.35 down 2.36%, L&T at Rs 1,628.85 down 2%, HDFC Bank at Rs 2,298.75 down 1.71%, M&M at Rs 756.70 down 1.43% and HDFC at Rs 707.10 down 1.12%.
Cigarette major ITC was trading at Rs 193.35 up 0.94% from its previous close of Rs 191.55.
According to Krishna Kumar Karwa, MD, Emkay Global Financial Services, despite all the negatives like interest rate, inflation, margin pressure etc, the market doesn’t seem to be in a hurry to go below 5,700. That, according to him, is an indicator that inherently there is buoyancy in the system.
However, Top gainers on the Sensex were HUL at Rs 286.50 up 2.71%, Maruti Suzuki at Rs 1,323.25 up 1.54%, BHEL at Rs 2,016.40 up 1.20%, Reliance Comm at Rs 100.80 up 0.95% and ITC at Rs 193.35 up 0.94%.
Index heavyweight Hindustan Lever was trading at Rs 286.50 up 2.71% from its previous close of Rs 278.95.
Top losers on the BSE Midcap were Shree Global, IRB Infra, STC India, HDIL and Sterlite Techno down 3-5%.
Top losers on the BSE Smallcap were Elgi Equipments, Kesoram, Kirloskar Bros, Petron Eng Cons and Honda Siel down 5-11%.
No comments:
Post a Comment