have recovered from the mid-morning lows, helped by sustained
gains in ONGC and a fresh rally in metal stocks. Other
Asian indices remain mostly positive while Europe has
is trading lower by 38 points at 13576 at 01.10 PM.
is now trading lower by 10 points at 3879.
Entertainment, the de-merged entity which would control
part of the business of former Zee Tele, has recovered
from its lows and is trading nearly 3 per cent lower.
continues to trade more than 2.5 per cent lower and is
the worst performer among index stocks. OBC is down more
than 2 per cent.
remains weak by nearly 2.5 per cent while Dabur is down
2 per cent.
Airways has come under some selling pressure and is down
more than 1.5 per cent.
Pharma is another loser in early afternoon trades, down
nearly 2 per cent.
remains the worst performer among capital goods stocks,
down 2 per cent.
has come off its lows and is down more than 1.5 per cent.
remains weak by nearly 2 per cent.
is holding on to its gains of close to 3.5 per cent on
reports of a gas find, helping the indices considerably.
Gail India has gained over 2 per cent.
has rallied after a firm start and is the best performer
among index stocks with gains of nearly 5 per cent.
stocks are continuing the rally from Friday. SAIL has
gained over 3 per cent while Tata Steel is trading more
than 2 per cent higher. Nalco has gained close to 1.5
Motors has rallied nearly 2.5 per cent on reports of a
JV in Thailand to launch pick-up trucks. M&M and Maruti
are trading with gains of around a per cent each.
has gained further and is now trading well over a per
and small caps have also come off their lows. The NSE
mid-cap index is now trading with losses of close to 0.8
per cent. BSE mid-cap index is trading with losses of
nearly 0.5 per cent and the BSE small-cap index has recovered
to gains of more than 0.15 per cent. Market breadth on
the NSE remains negative with nearly 2 stocks declining
for every advancing stock.
mid-cap IT and IT education stocks are holding on to their
gains. Educomp, Sonata and Teledata are locked in the
10 per cent upper circuits. RS Software and Vishesh Info
have added around 9.5 per cent each.
Industries, Global Vectra and Vivimed Labs are locked
in the 10 per cent upper circuits.
Technologies, which had surged 80 per cent last week,
has added another 9 per cent today.
Overseas has had a weak listing today. Issued at Rs56
per share, the stock opened at Rs60 on the NSE and declined
to a low of Rs51.25. The stock is now trading at Rs52.
Sugar, Concor, Madhucon Projects, UTV, Shree Cement, Sanwaria
Agro, DCM and Malu Paper are the major mid-cap losers.