remain weak as some of the results from frontline companies
were disappointing. Inflation data released today showed
a substantial rise to over 6 per cent and has affected
sentiment further. Other Asian markets remain mixed while
Europe has opened lower.
is trading lower by 86 points at 14131 at 01.10 PM.
is now trading lower by 31 points at 4079.
stocks which were weak in early trades following disappointing
results remain under pressure. Satyam is still down nearly
5.5 per cent while Tech Mahindra is trading more than
5.5 per cent lower.
has lost more than 3 per cent while Infosys is down more
than 1.5 per cent.
has slipped further and is now down nearly 3.5 per cent
while Cipla has lost 3 per cent.
continues to trade with losses of over 3 per cent.
Steel has lost close to 2.5 per cent and SAIL is trading
more than 2 per cent lower.
has also lost further ground and is now trading 3 per
Energy is the other major loser, down more than 2 per
Industries is holding on to gains of close to a per cent,
supporting the indices to some extent.
remains the best performer with gains of over 2 per cent.
Reliance Communications and Bharti are trading with gains
of around 0.5 per cent each.
Bank has recovered modestly from recent losses and is
now trading almost a per cent higher.
has gained further and is now trading over 1.5 per cent
cement stocks, Gujarat Ambuja has gained close to a per
cent and ACC is trading over 0.5 per cent higher.
Tele and Jet Airways are the other major gainers.
and small caps have slipped further after the weak opening.
The NSE mid-cap index is now trading with losses of over
0.7 per cent. BSE mid-cap index has lost 0.5 per cent
and the BSE small-cap index is trading with losses of
over 0.5 per cent. Market breadth on the NSE remains very
negative with more than 2 stocks declining for every advancing
Poly, Saregama, Everest Industries, JP Hydro, Eicher Motors,
Granules India, HOCL, Shivalik Global and Genesys are
among the major mid-cap gainers.
Bank, Nocil, Bluestar Info, Eimco Elecon, AVT Natural,
Nissan Copper and Flex Industries are the major mid-cap