Indian mkts least hit by Pak tragedy; end flat

The markets ended flat amid a highly volatile session. The cues from Asian peers and other equity markets were not very encouraging. The news from across the border of Pakistan's former Prime Minister Benazir Bhutto's assassination has been very disturbing for the markets.

The Indian markets were however resilient and outperformed rest of the Asia closing flat. Midcap and small cap stocks continued their upmove. FMCG, metal and realty stocks also witnessed buying interest. Profit booking has seen in select auto  technology stocks. The breadth was strong in the favour of advances.

Wipro, Bharti Airtel, Bajaj Auto and TCS were top losers on the bourses while DLF, Ambuja Cements, Tata Steel, Unitech, PNG and Nalco among top losers.

Reliance Energy, Transformers & Rectifiers, RNRL and Reliance Industries were most active shares.

On a weekly basis, both the Sensex and Nifty are up 5.5% each.

Sensex closed down 9.77 points or 0.05% at 20206.95, and the Nifty down 1.80 points or 0.03% at 6079.70.

About 2376 shares have advanced, 683 shares declined, and 45 shares are unchanged.

The BSE Midcap Index ended at 9,574.57 up 1.6%.

The BSE Smallcap Index ended at 12,901.29 up 2%.

The BSE Bankex was up 0.2% at 11,386.35. Bank of Baroda, Federal Bank, Kotak Mahindra, Canara Bank, Oriental Bank closed in red.

The BSE Capital Goods Index closed flat at 19,645.23. Alfa Laval, Bharat Elec, SKF India, Lakshmi Machine, Crompton Greave closed higher.

The BSE Auto Index closed at 5,595.00 down 0.2%. Exide Industrie, Hind Motors, Tata Motors, Escorts, Ashok Leyland closed lower.

The BSE Metal Index closed at 19,948.45 up 2.5%. Jindal Steel, Hind Zinc, Sesa Goa, NALCO, Mah Seamless closed higher

The BSE FMCG Index closed up 1% at 2,280.60. Nestle, Bata India, Tata Tea, GlaxoSmith Con, ITC ended higher

BSE Oil and Gas Index closed at 13,202.26 up 1%.  Reliance Natura, Essar Oil, IOC, HPCL, Petronet LNG ended higher.

The BSE IT Index was at 4,552.06 down 0.4%. I-Flex Solution, Financial Tech, Satyam, Tech Mahindra, Infosys closed lower.

The NSE cash turnover was at Rs 17278.48 crore and the NSE F&O turnover was at Rs 50436.85 crore. The BSE cash turnover was Rs 8710.65 crore. Total market wide turnover was at Rs 76425.98 crore.
 
Market trades flat; off day's low

The markets ahve shown smart recovery and are trading flat. Midcap and small cap stocks continued their upmove and FMCG, metal and realty stocks also witnessing buying interest. The breadth is extremely strong in the favour of advances.

Metal sector is the star performer; Nalco up 5%, Tata Steel and SAIl up 2.5%.

At 15.00 hrs IST, the Sensex is down 24.24 points or 0.12% at 20192.48, and the Nifty up 4.25 points or 0.07% at 6085.75.

About 2332 shares have advanced, 724 shares declined, and 47 shares are unchanged.

Wipro, Bharti Airtel, Bajaj Auto and TCS were top losers on the bourses while DLF, Ambuja Cements, Tata Steel, Unitech, PNG and Nalco among top losers.

Reliance Energy, Transformers & Rectifiers, RNRL and Reliance Industries were most active shares.

Mkts in red; telecom, IT, auto, cap goods stocks drag

Selling pressure in telecom, technology, select banking, auto and capital goods stocks has been pulling the markets down. Weak global cues also led some pressure on markets. However, midcap and small cap stocks continued their upmove and FMCG, metal and realty stocks also witnessing buying interest.

At 2:36 pm, the Sensex was down 106 points at 20110, and the Nifty down 30 points at 6051. About 2273 shares have advanced, 791 shares declined, and 39 shares are unchanged. A 867 shares have advanced while 354 shares declined on the NSE.

The BSE Small Cap and Midcap indices were down nearly 1% and 2% respectively.

Wipro, Bharti Airtel, Bajaj Auto and TCS were top losers on the bourses while DLF, Ambuja Cements, Tata Steel, Unitech, PNG and Nalco among top losers.

Reliance Energy, Transformers & Rectifiers, RNRL and Reliance Industries were most active shares.

The BSE Auto, Bankex, Capital Goods and IT indices slipped around 0.4%-0.9%. However, the BSE Metal, Realty and FMCG indices gained 1.7%, 2.2% and 1%, respectively.

Weak global cues drag markets; Bank, IT, oil stks down

The market is trading lower and have slipped in red amid choppiness. The cues from Asia have not been very encouraging as most of the Asia ended lower. Profit booking has seen in auto, capital goods, technology and select banking stocks. Selective buying is seen in energy and metal stocks. Power is the flavour of the day. However, midcap and small cap stocks are witnessing buying interest.

At 1:40 hrs IST, the Sensex is down 141.90 points or 0.70% at 20074.82, and the Nifty down 44.00 points or 0.72% at 6037.50.

About 2185 shares have advanced, 874 shares declined, and 43 shares are unchanged

BSE Midcap index is up 0.6% and smallcap index is up 1.5%. Among the other indices bank and IT indices are in red. Energy and metal stocks are trading firm.

Ambuja Cement, DLF, Ranbaxy were up nearly 2%, Tata Steel, Reliance Energy were up over 1.5% each followed by Hindalco up 1.4%. On the Nifty Unitech and PNB were up over 2% Reliance Petroleum and SAIL up nearly 2% each were among the top gainers on the indices. Other gainers were NTPC, Tata Power, ITC.

Top laggards were BHEL, ICICI Bank,Wipro, Infosys, TCS, HDFC Bank. Wipro was down over 3% and ICICI Bank, ONGC and Bharti Airtel were down over 2%. On the NIfty Idea Cellular was down over 1.5%.

On the primary market front, Transformers and Rectifier after listing at Rs 813 is hovering at Rs 690 levels.

Rupee is trading weak against the dollar at 39.45. Crude is trading at one month high of 97 per barrel on account of tension in Pakistan.

Mkts quiet; resilient to Bhutto assassination

The markets are quiet and have outperformed most of the Asia showing resilience to Bhutto assassination. The news from across the border of Pakistan's former Prime Minister Benazir Bhutto's assassination has been very disturbing for the markets. The cues from Asian peers were not very encouraging. Most of the Asia is in red and India has been resilient to the fall and has been a relative outperformer. Broader markets have outperformed the benchmark indices giving a positive breadth. Select FMCG, power, oil & gas and metal stocks are trading in green. Select bank and IT stocks are weak.

Markets quiet: Midcaps, smallcaps outperform

The markets are quiet hovering around its previous close. The news from across the border of Pakistan's former Prime Minister Benazir Bhutto's assassination has been very disturbing for the markets. The cues from Asian peers were not very encouraging. Most of the Asia is in red and India has been resilient to the fall and has been a relative outperformer. Broader markets have outperformed the benchmark indices giving a positive breadth. Select FMCG, power, oil & gas and metal stocks are trading in green. Select bank and IT stocks are weak.

At 11.13 hrs IST, the Sensex is up 10.94 points or 0.05% at 20227.66, and the Nifty up 2.40 points or 0.04% at 6083.90.

About 2220 shares have advanced, 827 shares declined, and 55 shares are unchanged.

BSE Midcap index is up 1% and smallcap index is up 1.3%. Among the other indices bank and IT indices are in red. Energy and metal stocks are trading firm.

Tata Steel, Reliance Energy were up over 1.5% each followed by Hindalco up 1.4%. On the Nifty Reliance Petroleum and SAIL up nearly 2% each were among the top gainers on the indices. Other gainers were NTPC, Tata Power, ITC, Satyam.

Top laggards were BHEL, ICICI Bank,Wipro, Infosys, TCS, HDFC Bank. Wipro was down over 2% and ICICI Bank and Bharti Airtel were down over 1%. On the NIfty Idea Cellular was down over 1.5%.

On the primary market front, Transformers and Rectifier after listing at Rs 813 is hovering at Rs 690 levels.

Rupee is trading weak against the dollar at 39.45. Crude is trading at one month high of 97 per barrel on account of tension in Pakistan.

Market opens flat amid negative cues

The markets opened flat amid some negative cues from markets across the globe. The initial trade was extremely choppy. The news from across the border of Pakistan's former Prime Minister Benazir Bhutto's assassination has been very disturbing for the markets.

At 10:02 Sensex was trading at 20247 up 30 points and Nifty was up 8 points at 6089.

On the primary market front, Transformers and Rectifier after listing at Rs 813 is hovering at Rs 690 levels.

Among the top gainers were Reliance Energy, NTPC, Tata Power, Bharti Airtel, ITC, Satyam.

Top laggards were Hindalco, BHEL, ICICI Bank,Wipro, Infosys, TCS, HDFC Bank.

The fall is seen in markets across the globe. Asian stocks are trading weak on Japan's Nikkei 225 lost 1.65% or 257 points to 15,307.78. Shanghai Composite was down 0.41% or 21.78 points at 5,287.11.

Hong Kong's Hang Seng dipped 1.08% or 300 points at 27,543.27. Jakarta Composite was down 0.20 points or 0.01% to 2,739.50. Straits Times fell 21.43 points or 0.62% at 3,455.77. (Kospi) Seoul Composite was down 5.88 points or 0.31% to 1,902.74. Taiwan Weighted lost 0.26% or 22 points to 8,292.08.

The Dow fell 192.08, or 1.42%, to 13,359.61. Broader stock indicators also fell. The Standard & Poor's 500 index declined 21.39, or 1.43%, to 1,476.27, and the Nasdaq composite index fell 47.62, or 1.75%, to 2,676.79.

Market cues:

• FIIs net buy USD 600 million in equity on Dec 26
• Jan F&O starts with OI of Rs 95,407 crore versus Rs 77,353 crore in Dec series
• Lower derivative lots in select stocks from today

NSE F&O cues

• Marketwide rollover at 85% Vs 83%
• Nifty rollover at 81% Vs 76%
• Nifty Fut at 39-pt premium Vs 48-pt premium at start of Dec series
• Nifty OI PCR at 1.21 Vs 1.44 at the beginning of Dec series
• Nifty 5900 Put adds over 6 lakh shares in Open Interest

Initial OI (Rs Cr)  Jan        Dec
Total F&O          95,407   77,353
Stock Fut          67,462   54,294
Nifty Fut            19,458  16,235
Nifty Opt             7,403   5,857