The markets ended flat amid volatility and lot of choppiness. Nifty closed in red but Sensex maged to closed in green. Broader markets outperformed the benchmark indices. Gues from other equity markets were extremely negative.  Asia was seen struggling and ended in red down over 2%. Europe has opened weak and most of the Europe is down 1%-2%. US markets housing data was weak giving negative signals for US stock markets.

The NSE cash turnover was at Rs 15721.91 crore and the NSE F&O turnover was at Rs 71454.20 crore. The BSE cash turnover was Rs 7511.99 crore. Total market wide turnover was at Rs 94688.10 crore.

Markets choppy: Bharti, Tata Steel, TCS top losers

The markets are choppy and are trading flat amid volatility. Asia was seen struggling and ended in red down over 2%. Europe has opened weak and most of the Europe is down 1%-2%. US markets housing data was weak giving negative signals for US stock markets.

Selective buying is seen in Cement, power, capital goods, banking and FMCG stocks. Realty, IT, telecom, metal and consumer durables were under pressure.

At 14.20 hrs IST, the Sensex is down 33.93 points or 0.19% at 17526.05, and the Nifty down 43.20 points or 0.83% at 5172.10.

About 1433 shares have advanced, 1518 shares declined, and 100 shares are unchanged.

Heavies like Bharti, SAIL, TCS, ABB, HDFC and Tata Steel are among the major losers on the indices.

Rupee has weakened against the dollar and is trading at 39.84.

Market trades weak: IT, realty stocks down

The markets have slipped in red on selling pressure in index piovotals. Global cues have been negative with heavy sellinh seen in Asian markets like the Hang Seng, which is down over 3%. Selective buying is seen in Cement, power, capital goods, banking and FMCG stocks. Realty, IT, telecom, metal and consumer durables were under pressure.

Europe has opened weak taking cues from a fall in the US markets. Most of the Europe is down 1%-2%.

At 12.56 hrs IST, the Sensex is down 68.12 points or 0.39% at 17491.86, and the Nifty down 33.95 points or 0.65% at 5181.35.

About 1474 shares have advanced, 1480 shares declined, and 97 shares are unchanged.

Heavies like Bharti, SAIL, HDFC and Tata Steel are among the major losers on the indices.

Rupee has weakened against the dollar and is trading at 39.84.

Mkts trading in green; bank, cap good stocks strong

The markets have recovered from its morning blues and are trading in green with modest gains on account of heavy buying taking place in capital goods, banking and FMCG stocks. Realty, IT and consumer durables were still under deep pressure, however they have also recovered significantly from its early lows.

Top gainers on the Sensex are Reliance Energy at Rs 1,395.35 up 4.66%, Ambuja Cements at Rs 145.30 up 4.08% and ICICI Bank at Rs 1,050 up 2.53%. 

Top losers on the Sensex are Bharti Airtel at Rs 917 down 5.31%, HDFC at Rs 2,330 down 2.84% and Satyam at Rs 448.25 down 2.56%.

Banking stocks have been trading strong since opening today on the back of good Q2 FY08 numbers from ICICI Bank. BSE Bankex was up 1.73% at 8990.75. Major gainers in this pack were ICICI Bank Rs 1,050 up 2.53% and SBI at Rs 1,697.20, up Rs 29.60, or 1.78%.

Most active shares on NSE are Reliance Energy at Rs 1,403.30 with 3,054,243 shares, Reliance Comm at Rs 732.40 with 3,986,954 shares and Reliance at Rs 2,445 with 905,078 shares.

BSE IT index has been trading weak since opening and was at 4617 down 1.47%. Major losers were Satyam at Rs 448.25 down 2.56%, Infosys at Rs 1,882.00, down Rs 26.1, or 1.37%.

Mkt witnesses sharp recovery; banks, oil&gas stocks up

The markets have recovered from its morning blues on the back of heavy buying witnessed in the index heavyweights at lower level. Banking, FMCG and oil & gas stocks were trading firm but realty, power, capital godds and auto stocks were still struggling to keep its head up.  

Top gainers on the Sensex are Ambuja Cements at Rs 146 up 4.58%, ICICI Bank at Rs 1,042.15 up 1.77% and SBI at Rs 1,695.25 up 1.66%. 

Top losers on the Sensex are Bharti Airtel at Rs 934 down 3.56%, Mah and Mah at Rs 705 down 3.18% and Tata Motors at Rs 763 down 2.3%. 

Top gainers on the Nifty are Ambuja Cements at Rs 145 up 3.87%, BPCL at Rs 333 up 2.98% and Zee Entertain at Rs 308 up 2.33%. 

Top losers on the Nifty are Bharti Airtel at Rs 929.80 down 4.76%, Unitech at Rs 303.10 down 3.3% and Mah and Mah at Rs 708.95 down 3.14%. 

Most active shares on BSE are Ambuja Cements at Rs 146 with 48,154,075 shares, UB Holdings at Rs 909 with 2,787,412 shares and Reliance Energy at Rs 1,319 with 408,404 shares.  

Mkts open with huge gap down on weak global cues

The markets opened with huge gap down today on account of weak cues from the global markets. Asian markets were down with significant cuts and the US markets ended in deep red on Friday. Heavy selling was seen across the board today led by power, capital good and metal stocks.

At 9:56 am, Sensex was down 388 points at 17,170 and Nifty was down 140 points at 5075. Major losers were BHEL, Cipla, Rel Comm, Rel Energy, Rel Petroleum, L&T, Suzlon, Tata Power. Market breadth was negative with nearly 200 stocks on the advanciong side and over 900 stocks on the down side on NSE.  

Asian indices declined today in the wake of a sell-off on Wall Street. Hong Kong's Hang Seng tumbled 3.2% or 943.35 points at 28,521.70, Japan's Nikkei plunged 3.2% or 537.27 points at 16,277.10, Taiwan's Taiwan Weighted fell 3.06% or 294.10 points at 9,317.62, Singapore's Straits Times declined 2.2% or 82.53 points at 3,665.45 and South Korea's Seoul Composite was down 3.63% or 71.51 points at 1,898.59.

Market cues:

• Global markets slide led by US markets
• SEBI says FIIs net buy USD 31.2 mn in equity on Oct 18
• SEBI had earlier reported prov sell figure of about USD 300 mn for Oct 18
• MFs net sell Rs 265.5 cr in equity on Oct 18
• NSE F&O Open Interest down by Rs 2,397 crore (Rs 23.97 billion) at Rs 94,617 crore (Rs 946.17 billion)

F&O cues:

• Futures Open Interest down by Rs 2,975 crore (Rs 29.75 billion), Options Open Interest up by Rs 577 crore (Rs 5.77 billion)
• Stock Futures shed 5 cr shares in Open Interest
• Nifty Oct Futures shed 19 lakh shares in Open Interest
• Nifty Nov Futures add 26 lakh shares in Open Interest
• Nifty Oct at 22-point, Nov at 41-point discount
• Marketwide rollover at 13%, Nifty rollover at 28%
• Nifty Open Interest PCR at 1.14 Vs 1.23; Nifty IVs surge to 53-55%
• Nifty Puts shed 4 lakh shares in Open Interest
• Nifty Calls add 14 lakh shares in Open Interest
• Nifty 5000 Put sheds 2.4 lakh shares in Open Interest
• Nifty 5700 Put sheds 1.85 lakh shares in Open Interest
• Nifty 5300 Call adds 3.56 lakh shares in Open Interest
• Nifty 5400 Call adds 3.44 lakh shares in Open Interest
• Nifty 5200 Call adds 2.90 lakh shares in Open Interest