Mkt ends mixed: Frontliners down, midcaps up

The markets ended mixed as there was sluggishness seen in the frontliners but the broader markets ended higher. Selling pressure seen in frontliners from banking, capital goods, IT and power space. Profit booking was inline with the weakness in Asian markets.Midcaps and smallcap both the indices were up over 1%.

Market trades mixed: Midcaps, smallcaps roaring

It is a mixed day of trading, on one hand Sensex and Nifty are trading weak on the other midcaps and smallcaps are roaring. selling pressure seen in frontliners from banking, capital goods, IT and power space. Profit booking is inline with Asian markets.

Markets trade weak: Bharti Airtel, Tata Steel up

The markets are trading weak on account of selling pressure seen in frontliners from banking, capital goods, IT and power space. However, the midcaps and smallcaps are roaring as both the indices are up over 1%. Profit booking is inline with Asian markets.

Essar pack stocks are on fire with Essar Shipping, Essar Oil and Essar Steel putting on huge gains. Essar Steel was locked in upper circuit up 20%.

Steel stocks like Tata Metalliks, Lloyd Steel, JSW Steel, Shree Precoated are all trading in green. Metal, FMCG and realty stocks are attracting attention.

Among the frontliners Bharti Airtel, Tata Steel, VSNL, Nalco, ITC were the top gainers.

Power stocks have taken it on their chin, Reliance Energy, NTPC and Tata Power are all trading in red. Followed by banking and IT pivotals like HDFC Bank and Infosys.

Rupee was quoting at 39.30 against a US dollar. Strength in rupee is seen despite some weakness in markets

BSE IT index was down over 1.5%. major losers were Infosys at 1667 down Rs 38.35, I-Flex Soln at Rs 1419.20 down Rs 23.50 and Wipro at 463.80 down Rs 7.40.

Most active shares on NSE are Essar Oil at Rs 143.60 with 12,219,846 shares, Reliance Petroleum at Rs 217.45 with 7,419,780 shares and GMR Infra at Rs 218.25 with 6,894,388 shares.  

Mkts trading quiet; IT, bank stocks weak

The markets are trading flat today after strong rally yesterday. Cues from the global markets are not encouraging today. Midcap and smallcap have been outperforming the large cap stocks today. Metal and realty stocks are attracting attention, however, the banking and It stocks are subdued. 

On NSE the market breadth was positive with over 800 stocks on the advancing side and nearly 300 stocks on the downside. Rupee was quoting at 39.30 against a US dollar.

Top gainers on the Nifty are Bharti Airtel at Rs 888.10 up 3.34%, PNB at Rs 616.10 up 2.41% and Maruti Suzuki at Rs 1,060 up 2.09%. 

Top losers on the Nifty are HDFC Bank at Rs 1,691.50 down 3.47%, Infosys at Rs 1,667.25 down 2.38% and Wipro at Rs 462.45 down 2.22%. 

Most active shares on NSE are Essar Oil at Rs 143.60 with 12,219,846 shares, Reliance Petroleum at Rs 217.45 with 7,419,780 shares and GMR Infra at Rs 218.25 with 6,894,388 shares.  

BSE IT index was down over 1.5%. major losers were Infosys at 1667 down Rs 38.35, I-Flex Soln at Rs 1419.20 down Rs 23.50 and Wipro at 463.80 down Rs 7.40.

Mkts open with modest loss; cap good, metals gain

Following the stupendous run yesterday, the markets opened with modest loss today on the back of weak cues from the global markets. Market breadth was positive with over 550 stocks on the advancing side and about 300 stocks on the decline side.

At 9:56 am, Sensex was down 94 points at 19834 and Nifty was down 1 points at 5937. major gainers in the opening move were Hindalco, L&T, BHEL, Tisco, Tata Motors, Rel Energy, ONGC, Bharti, Airtel and Essar Oil.

Asian markets were trading lower. Hong Kong's Hang Seng plunged 0.53% or 153.32 points at 29,012.69, Taiwan's Taiwan Weighted fell 0.21% or 18.53 points at 8,924.40, Singapore's Straits Times tumbled 0.62% or 22.03 points at 3,502.88, South Korea's Seoul Composite was down 0.30% or 5.95 points at 1,966.63. However, Japan's Nikkei rose 0.34% or 52.53 points at 15,552.09.

US markets: The Dow fell 76.08 points, or 0.57%, to 13,231.01. Broader stock indicators also fell. The Standard & Poor's 500 index lost 10.47 points, or 0.71%, to 1,470.58, while the Nasdaq composite index tumbled 29.33 points, or 1.10%, to 2,644.32.

Market cues:

• SEBI Board approves new derivative products
• New products include mini contracts on indices and volatility index
• FIIs net buy USD 30.3 million in equity on Nov 13
• MFs net sell Rs 12.8 crore in equity on Nov 13
• NSE F&O Open Interest up by Rs 2,182 crore at Rs 98,207 crore

F&O cues:

• Futures Open Interest up by Rs 1,388 crore, Options Open Interest up by Rs 793 crore
• Nifty Futures shed 19 lakh shares in Open Int; at a 21-pt premium 
• Stock Futures shed 1 cr shares in Open Interest
• Nifty Open Int PCR at 1.21 vs 1.16
• Nifty Puts add 7.9 lakh shares in Open Interest
• Nifty Calls add 1.8 lakh shares in Open Interest
• Nifty 5900 Put adds 2.6 lakh shares in Open Interest
• Nifty 5700 Put adds 2.6 lakh shares in Open Interest
• Nifty 6200 Call adds 1.65 lakh shares in Open Interest