After holding on to the gains till noon, the markets have
seen a sudden fall and the indices have given up all their
gains. Sensex is holding on to marginal gains while the
Nifty has slipped into the red.
markets, which were mixed in early trades, have declined
in afternoon trades while Europe has opened with good
is trading higher by 4 points at 12178 at 01.10 PM.
is now trading lower by 2 points at 3522.
& gas stocks remain under pressure. ONGC has lost
nearly a per cent and has contributed significantly to
the downtrend. BPCL and Gail India have shed close to
1.5 per cent each.
is the worst performer among index stocks, with losses
of more than 1.5 per cent.
remains weak with losses of close to 1.5 per cent
has lost further ground and is now down more than a per
cent. VSNL has slipped in early afternoon trades and has
lost nearly a per cent.
stocks also remain under pressure. Gujarat Ambuja has
shed nearly a per cent while Grasim has lost over 0.5
is the other loser, trading more than 0.5 per cent lower.
stocks are holding on to part of their gains, but have
come off their highs. Wipro remains the best performer
among index stocks, with gains of 1.5 per cent. Infosys
is trading 0.5 per cent higher.
Industries is holding on to gains of over 0.5 per cent
and is supporting the indices.
Bank has picked up strength and has added over 0.5 per
cent. HDFC is also trading with gains of more than 0.5
per cent while HDFC Bank has gained nearly 0.5 per cent.
has come off its highs and is trading nearly a per cent
Auto is up nearly a per cent and Tata Motors has added
close to 0.5 per cent.
Tele is trading more than 0.5 per cent higher.
and small caps have given up most of their gains in early
afternoon trades. The NSE mid-cap index is now trading
with gains of over 0.25 per cent. BSE mid-cap index is
trading nearly 0.25 per cent higher and the small-cap
index is trading with gains of close to 0.2 per cent.
Market breadth on the NSE has declined and is marginally
Construction Equipment, which got listed on the exchanges
today, is now trading with gains of 50 per cent at Rs194.5.
Newsprint, Prime Securities, Sterling Biotech, Bindal
Agro, Tube Investments, Compulink Systems, Schenectady
Herdillia and Tips Industries are among the major mid-cap
Limited, GTL, Aksh Optifibre, Suryajyoti Spinning, GKW
and TCI are the major mid-cap losers.