have slipped further as cement and banking stocks have
lost heavily. Reliance Industries and select metal stocks
are preventing further losses on the indices. Other Asian
markets are mostly positive while Europe has opened higher.
Sensex is trading lower by 221 points at 13800 at 01.10
is now trading lower by 54 points at 3986.
stocks have slumped further even after yesterday's sharp
fall. Grasim is the worst performer among index stocks
with losses of 5 per cent. ACC is down 3 per cent and
Gujarat Ambuja has lost close to 3 per cent.
is the worst performer among banks with losses of nearly
5 per cent. ICICI has lost more than 4 per cent while
HDFC Bank has lost close to 2.5 per cent.
has slipped more than 3 per cent and Dr. Reddy's is down
2.5 per cent.
remains weak and is now trading more than 3 per cent lower.
Airtel has lost heavily and is now down close to 3.5 per
is the other major loser, down nearly 3 per cent.
India has rallied ahead and is the best performer among
index stocks with gains of over 4 per cent.
Industries is holding on to gains of a per cent.
Steel has rallied ahead after a firm start and is now
trading well over 2 per cent higher. Among other metal
stocks, Nalco and SAIL are trading with gains of close
to a per cent each.
is holding on to gains of over a per cent.
is continuing its recovery with gains of over a per cent.
BHEL has added nearly 0.5 per cent.
tech stocks, Infosys and HCL Tech remain firm by nearly
0.5 per cent each.
and small caps also remain very weak. The NSE mid-cap
index is now trading with losses of over 1.2 per cent.
BSE mid-cap index has lost 1.6 per cent and the BSE small-cap
index is trading 2.6 per cent lower. Market breadth on
the NSE remains very negative in early afternoon trades.
Finance Corporation, the infrastructure lending company
which got listed today, is now trading at Rs112 per share
as against an issue price of Rs85.
is locked in the 20 per cent upper circuit.
Carol Info, BAG Films, Key Corporate Services and SSI
are the other major mid-cap gainers.
of the recent listings are still under heavy pressure.
Cambridge Technologies is down over 10.5 per cent. Autoline
Industries and AI Champdany remain locked in 10 per cent
Constructions, Atlanta, Alps Industries and Crew BOS also
remain locked in 10 per cent down circuits.
Cables and Rajasthan Rayon are among the major mid-cap