trading within a range till early afternoon, the indices
have slipped marginally into the red. Other Asian markets
remain mostly firm while Europe has opened mostly negative.
is trading lower by 16 points at 13830 at 01.10 PM.
is now trading lower by 1 point at 3970.
and capital goods stocks have rallied after the firm opening.
ABB is now trading with gains of nearly 2 per cent while
Siemens has gained more than 1.5 per cent. L&T and
Suzlon are trading nearly a per cent higher each.
is holding on to gains of close to 2.5 per cent and remains
the best performer among index stocks.
is trading more than a per cent higher and BPCL has added
nearly a per cent.
Reddy is now trading nearly 1.5 per cent higher.
is holding on to gains of over a per cent.
has moved up in afternoon trades and is now trading nearly
1.5 per cent higher.
has slipped further after a weak opening and is the worst
performer with losses of close to 2 per cent. ITC is down
nearly 1.5 per cent.
Communications remains weak and has lost nearly 1.5 per
cent while MTNL is down nearly a per cent.
has slipped further and is now down more than a per cent.
Ambuja Cements has lost ground in early afternoon trades
and is trading nearly a per cent lower.
India remains weak by more than 0.5 per cent.
Cipla and OBC are the other major losers.
and small caps continue to outperform the large caps.
The NSE mid-cap index is now trading with gains of nearly
0.7 per cent. BSE mid-cap index has gained over 0.85 per
cent and the BSE small-cap index has added more than 0.9
per cent. Market breadth on the NSE remains positive in
early afternoon trades with nearly 1.5 stocks advancing
for every declining stock.
Copper, which got listed today, has soared in early afternoon
trades. Issued at Rs39 per share, the stock is now trading
at Rs107 - a listing gain of nearly 175 per cent.
Dee Aluminium, which listed yesterday, has gained close
to 8 per cent.
Auto, D-Link, Plethico Pharma, Surya Pharma, Allcargo,
Triveni Engineering and Elecon are among the major mid-cap
Systems, Eicher, SI Group, Dishman, Apcotex, Assam Company
and IFB Industries are the major mid-cap losers.