Indices have slipped further on profit booking in select
frontline stocks which had seen strong rallies in recent
weeks. Asian markets remain mixed while Europe has opened
is trading lower by 97 points at 12762 at 01.10 PM.
is now trading lower by 23 points at 3688.
Auto has slipped further and remains the worst performer
among large caps. The stock is now down nearly 3.5 per
tech stocks have also corrected further, led by Satyam,
which is down more than 2.5 per cent. Wipro has lost over
1.5 per cent
stocks have also moved further downwards, led by Reliance
Communications, which has lost close to 3 per cent. VSNL
is down nearly 2.5 per cent.
is a major loser in early afternoon trades and has lost
almost 3 per cent. HDFC remains weak by more than 1.5
engineering stocks, Siemens is down nearly 2.5 per cent
and L&T has lost over 1.5 per cent.
is holding on to gains of close to 3.5 per cent and remains
the best performer among index stocks.
marketing stocks have come off their highs. BPCL is now
trading 1.5 per cent while HPCL is up over a per cent.
is holding on to gains of over a per cent. ABB has also
gained nearly a per cent.
has added over a per cent after yesterday's correction,
despite impressive results.
Airways, SAIL, Cipla and Hero Honda are the other gainers.
and small caps have also given up all their early gains.
The NSE mid-cap index is now trading 0.65 per cent lower.
BSE mid-cap index is trading marginally lower and the
small-cap index is holding on to gains of over 0.05 per
Mahindra, which announced excellent quarterly results,
is holding on to gains of nearly 12 per cent.
other mid-cap tech stocks are also finding very good interest.
Geodesic, Paradyne and Foursoft are the major gainers.
Fertilisers and KRBL remain locked in the 10 per cent
Fashions, Exide Industries and Simplex Infrastructure
are among the major mid-cap gainers.
Industries, which got listed on the exchanges today, has
slipped further. The stock is currently trading at Rs128,
a decline of 6.5 per cent from the issue price.
Forge, Softpro, Quintegra, Emkay Share, Deepak Fertilisers
and NDTV are the major mid-cap losers.