Markets ends flat: Midcaps, smallcaps rally

The markets had a mixed close as the frontline indices closed flat but action was seen in midcaps and smallcap stocks. There were no big global cues on either direction as Asia ended mixed with a positive bias. Europe was trading weak with FTSE down neraly 1%. Banking and oil gas indices are the top laggards dragging the index down. Among the frontliners Tata Steel, M&M, BHEL, GAIL, HPCL, PNB, Siemens are trading higher providing support at the lower levels.

Banking and technology stocks were trading weak while consumer durables capital goods, metal, oil, power stocks were in the green. BSE sector indices were trading mixed and the breadth was in favour of the advances

Chambal Fertilisers, Jindal Steel, Sundaram Fastners, Ashok Leyland, Nagarjuna Fertilisers, Deccan Aviation, Arvind Mills, Videocon Ind are buzzing in the midcap space along with some refinery stocks.

Top losers are VSNL, ICICI Bank, Unitech, TCS, Maruti, Wipro and Tata Motors. Tata Steel, M&M, BHEL, GAIL, HPCL, PNB, Siemens are among the top gainers.

Sensex was down 73.91 points or 0.38% at 19529.50, and the Nifty down 6.65 points or 0.11% at 5858.35.

About 2059 shares have advanced, 953 shares declined, and 70 shares are unchanged.

The BSE Midcap Index ended at 8,904.54 up 1.6%.

The BSE Smallcap Index ended at 10,956.51 up 1.9%.

The BSE Bankex was down 0.7%.  ICICI Bank, Federal Bank, Bank of India, Karnataka Bank, SBI moved downwards.

The BSE Capital Goods Index was up 1.6% at 20,175.93. Lakshmi Machine, Alstom Projects, Reliance Infra, Jyoti Structure, BEML closed higher.

The BSE Auto Index closed at 5,639.08 up 1.7%. MICO, Ashok Leyland, Tube Investment, Hind Motors, Exide Industrie closed higher.

The BSE Metal Index closed was up 3%. Maharashtra Seamless, Sesa Goa, Jindal Steel, JindalStainless, Tata Steel, SAIL, Hind Zinc closed higher.

The BSE FMCG Index closed at 2,177.59 up 0.33%. Godrej Consume, Dabur India, Marico, ITC, Bata India closed higher.

BSE Oil and Gas Index closed up down 1%. Reliance, Reliance Petro, ONGC ended lower.

The BSE IT Index was at 4,247.60 down 0.2%. TCS, I-Flex Solution, Satyam, Mphasis closed lower.

BSE Realty Index up over 3.5%. Phoenix Mills, DLF, Omaxe, Ansal Propertie, Puravankara Pro closed higher.

The NSE cash turnover was at Rs 19728.19 crore and the NSE F&O turnover was at Rs 56330.05 crore. The BSE cash turnover was Rs 9127.05 crore. Total market wide turnover was at Rs 85185.29 crore.

Markets lacklustre: Banking, oil & gas stocks down

The markets are trading mixed as the frontline indices have slipped in red action continues in the midcap and smallcap space. There were no big global cues on either direction as Asia ended mixed with a positive bias. Europe is trading weak with FTSE down neraly 1%. Banking and oil gas indices are the top laggards dragging the index down. Among the frontliners Tata Steel, M&M, BHEL, GAIL, HPCL, PNB, Siemens are trading higher providing support at the lower levels.

Markets in fine fettle: Midcaps, smallcaps surge

The markets are in fine fettle with action seen in the midcap and smallcap space. Sensex and Nifty are trading absolutely flat. There were no big global cues on either direction as Asia ended mixed with a positive bias. Among the frontliners Tata Steel, M&M, BHEL, GAIL, HPCL, PNB, Siemens are trading higher providing support at the lower levels.

Banking and technology stocks were trading weak while consumer durables capital goods, metal, oil, power stocks were in the green. BSE sector indices were trading mixed and the breadth was in favour of the advances

Chambal Fertilisers, Jindal Steel, Sundaram Fastners, Ashok Leyland, Nagarjuna Fertilisers, Deccan Aviation, Arvind Mills, Videocon Ind are buzzing in the midcap space along with some refinery stocks.

BSE Midcap index is up 1.3% and smallcap index is up 1.6%.

Top losers are VSNL, ICICI Bank, Unitech, TCS, Maruti, Wipro and Tata Motors.VSNL is down over 2% and Wipro, ICICI Bank and Reliance are all down over 1% each.

Tata Steel, M&M, BHEL, GAIL, HPCL, PNB, Siemens are among the top gainers.

PNB, Ambuja Cement, GAIL and Siemens are up over 3%, Tata Steel and M&M are up nearly 2% each.

Holcim has hiked stake in Ambuja Cements to 46% and has acquired 5% via open offer. The stock surged 4.6% at Rs 159.05.

Essar Oil is trading at Rs 298, Videocon Industries at Rs 590, IFCI at Rs 106.50 and RNRL at Rs 175.65 are among the most active counters.

Market trades flat: Ambuja Cements, M&M, PNB up

The markets are trading flat due to lack  of buying interest in index pivotals. But the broader markets are trading firm outperforming the benchmark indices. Banking and technology stocks are trading in red while cement, consumer durables capital goods, metal, oil, power stocks are still in the green. BSE sector indices are trading mixed. Breadth is in favour of the advances

At 11.59 hrs IST, the Sensex is up 4.38 points or 0.02% at 19607.79, and the Nifty up 1.25 points or 0.02% at 5866.25.

About 2068 shares have advanced, 925 shares declined, and 88 shares are unchanged.

Stocks like Deccan Aviation, Arvind Mills, Videocon Ind are buzzing in the midcap space along with some refinery stocks.

BSE Midcap index is up 1.3% and smallcap index is up 1.6%.

Top losers are VSNL, ICICI Bank, Unitech, TCS, Wipro and Tata Motors. TCS and VSNL are down over 2% and Wipro, ICICI Bank and Reliance are all down over 1% each.

Ambuja Cements, Tata Steel, ACC, DLF, Siemens and Zee Entertainment are gainers.

PNB, Ambuja Cement, GAIL and Siemens are up over 3%, Tata Steel and M&M are up nearly 2% each.

Holcim has hiked stake in Ambuja Cements to 46% and has acquired 5% via open offer. The stock surged 4.6% at Rs 159.05.

Essar Oil is trading at Rs 306.60, Videocon Industries at Rs 590, IFCI at Rs 106.50 and RNRL at Rs 175.65 are among the most active counters.

Mkts choppy: Banks, IT down, Cap Gds, Metal up

Market is witnessing choppy trade as mixed trend is seen in index stocks. Banking and technology stocks are trading in red while cement, capital goods, metal, oil, power and telecom stock are still in the green. Midcaps and smallcaps have continued yesterday's positive momentum. The BSE Midcap is up 0.78% and Small Cap up 1.16%.

At 10:54 am, the Sensex was down 12 points at 19,591 and the Nifty down 0.5 points at 5,864.

Top losers are VSNL, ICICI Bank, Unitech, TCS, Wipro and Tata Motors while Ambuja Cements, Tata Steel, ACC, DLF, Siemens and Zee Entertainment are gainers.

Holcim has hiked stake in Ambuja Cements to 46% and has acquired 5% via open offer. The stock surged 4.6% at Rs 159.05.

Mkts trading firm: Ambuja Cem, GAIL, TISCO up

Market is still holding its early trade gains on the back of strong support from capital goods, metal, oil, power and telecom stocks though there is some profit booking in select stocks.

At 10:35 the Sensex was up 31 points at 19,634 and the Nifty up 10.85 points at 5,875.

Tata Steel, DLF, L&T and Ambuja Cements are the top gainers on the bourses while TCS, ICICI Bank, Wipro, Unitech and Maruti Suzuki top losers.

iGate Global has set exit price for share delisting at Rs 410 per share. The stock has hit an intraday high of Rs 408 and trading at Rs 395, up 0.15%.

10 lakh Gujarat State Petronet shares changed hands on NSE at Rs 74.25 per share. The share gained 2.16% at Rs 75.70. 

Mkts open higher: Power, Oil, Cap Goods, Telecom gain

Markets have opened higher with good buying interest in power, capital goods, oil, banking and telecom stocks and despite mixed trend in Asian markets and weak trend in US markets.

At 9:56 am, the Sensex was up 95 points at 19698 and Nifty up 25 points at 5890.

Reliance, Reliance Comm, Reliance Petro, NTPC, Bharti Airtel, Siemens, Tata Power, HDFC Bank, VSNL, Ranbaxy Labs, Sterlite Industries, ABB and GAIL were gainers on the bourses.

3i Infotech has acquired majority stake in Delhi-based BPO Linear Financial. The stock gained 2.45% at Rs 144 at 10 am.

Asian markets are mixed today. Hong Kong's Hang Seng rose 0.38% or 108.52 points at 28,766.94. Taiwan's Taiwan Weighted gained 0.25% or 21.67 points at 8,605.51. South Korea's Seoul Composite advanced 0.53% or 10.09 points at 1,912.52. However, Japan's Nikkei plunged 0.50% or 78.69 points at 15,550.28. Singapore's Straits Times was flat at 3,519.54.

Wall Street ended near days low on profit booking. The Dow Jones industrial average plunged 57.15 points, or 0.43%, to 13,314.57.

Market cues

• FIIs net buy USD 367 million in equity on Nov 30
• MFs net buy Rs 661 crore in equity on Nov 30
• NSE F&O Open Interest up by Rs 4939 crore at Rs 90,120 crore

F&O cues

• Stock Futures add 9.2 cr shares in Open Interest
• Futures Open Interest up by Rs 3,487 crore, Options Open Interest up by Rs 1,452 crore
• Nifty Futures Open Interest unchanged; Open Interest PCR at 1.32 vs 1.34
• Nifty Puts add 7.9 lakh, Calls add 7 lakh shares in Open Interest
• Nifty 5900, 5800 Puts add 1.6 lakh shares each in Open Interest
• Nifty 6200 Call adds 2.9 lakh shares in Open Interest
• Nifty 5900 Call adds 1.59 lakh shares in Open Interest