indices slipped to their lowest levels before noon but
have recovered from those levels, mostly on account of
further gains in metal stocks. Most Asian markets are
firm in afternoon trades while Europe has opened lower.
is trading lower by 22 points at 14261 at 01.30 PM.
is now trading lower by 9 points at 4139.
remains the worst performer among index stocks with losses
of over 5.5 per cent.
tech stocks, Wipro remains weak by more than 2.5 per cent
while Satyam is trading 1.5 per cent lower.
Bank has come under pressure and has lost 2 per cent.
Motors has slipped further and is now down more than 2.5
per cent while Maruti has lost over 1.5 per cent.
has also lost further ground and is now down more than
2 per cent.
Pharma remains weak by close to 2 per cent.
has come off its lows and is now trading over 1.5 per
Airways has also made a modest recovery and is now down
nearly 1.5 per cent.
stocks have gained further after last week's spectacular
gains. Hindalco is leading the pack with gains of over
3.5 per cent. SAIL has added close to 2.5 per cent while
Tata Steel is now trading nearly 1.5 per cent higher.
has gained further and remains the best performer among
index stocks with gains of over 4 per cent. Siemens is
holding on to gains of close to 1.5 per cent.
Communications has moved up further and is now trading
2.5 per cent higher.
is holding on to gains of 2.5 per cent while Glaxo has
added 2 per cent.
is the other gainer, trading nearly 1.5 per cent higher.
and small caps remains firm and continue to outperform
large caps. The NSE mid-cap index is now trading higher
by 0.5 per cent. BSE mid-cap index is trading 0.35 per
cent higher and the BSE small-cap index is trading with
gains of 0.45 per cent. Market breadth on the NSE remains
positive in early afternoon trades.
Financial has surged in afternoon trades and is trading
with gains of 11.5 per cent.
Sakuma Exports, Bilpower, Havells India, Balmer Lawrie,
Induj Enertech and IL&FS Investment Managers are among
the major mid-cap gainers.
Ugine, GM Breweries, Sutlej Industries, Precision Wire,
Rajshree Sugar, Manugraph. Carol Info, Jai Corp and KSB
Pumps are the major mid-cap losers.