Despite the sustained surge in ONGC, frontline indices
have given up all their opening gains. Other Asian markets
are mostly positive in early trades.
opened at 13119 and touched a high of 13135. The index
is trading lower by 14 points at 13077 at 11.10 AM.
opened at 3793 and saw a high of 3806. The index is now
trading lower by just one point at 3790.
stocks are again under pressure today. HCL Tech is the
worst performer among index stocks, trading more than
2 per cent lower. TCS, Wipro and Infosys have all lost
around a per cent each
is continuing the correction from yesterday and has lost
another 2 per cent
has slipped further and has lost another per cent
India is also continuing the down trend and has slipped
another per cent
Glaxo and HDFC Bank are the other major losers among index
is no stopping ONGC today either. The stock has rallied
more than 3.5 per cent after yesterday's 4.5 per cent
surge. ONGC has reclaimed the title of most valuable company
from Reliance Industries
other oil stocks, HPCL and BPCL are trading with modest
Reddy is sustaining the up trend and has added another
1.5 per cent. Ranbaxy and Sun Pharma have gained close
to 0.5 per cent each.
Airways also remains firm with gains of well over a per
is holding on to recent gains and has added over 0.5 per
and Bajaj Auto are the other gainers among index stocks
and small caps are doing better than large caps in early
trades, though some of the prominent mid-caps are under
perssure. The NSE mid-cap index is now trading with losses
of over 0.05 per cent. BSE mid-cap and the small-cap indices
have added around 0.4 per cent each. Market breadth on
the NSE is modestly negative in early trades.
has added another 10 per cent after yesterday's rally
on unconfirmed media reports that Arcelor-Mittal is eyeing
a stake in the company.
Pharma and Saregama are locked in 10 per cent upper circuits.
JHS Svengaard, Man Industries, Balaji Tele, RPG Transmission,
Patel Engineering and Subex Azure are among the major
Auto Comp, IVP, IFB Agro, Bartronics, Apcotex Industries,
TCI Finance, NIIT Tech, IFB Industries and GTN Industries
are the major mid-cap losers.