At 14.03 pm, the Sensex is down 148.09 points or 0.85% at 17342.81, and the Nifty down 41.05 points or 0.79% at 5151.20.

About 1184 shares have advanced, 1676 shares declined, and 225 shares are unchanged.

DLF, Reliance Infra, Bharti Airtel and unitech are the top losers on the bourses.  However, top gainers on the bourses are ITC, Tata Steel, HUL, Sterlite Ind and NALCO.

Mkts still in red but off day’s low; Realty down over 2%

Markets are still trading in red but off its day’s low. The BSE realty, IT, power indices are witnessing selling pressure. However, FMCG and metal indices are trading positive. Markets breath is negative about 1179 shares have advanced, 1675 shares declined.

At 13.03 p.m., the Sensex is down 68.59 points or 0.39% at 17422.31, and the Nifty down 22.50 points or 0.43% at 5169.75.

Top losers on the Sensex are DLF at Rs 682 down 3.27%, Reliance Infra at Rs 1,468 down 3.23%, and Bharti Airtel at Rs 865 down 3.23%.

However, ITC, Tata Steel, HUL, Sterlite Industries and Cairn India are top gainers on the bourses.

Mkts in negative terrain; JP Assoc, Bharti down nearly 4%

The markets continue to trade weak on low volumes. Market breadth was negative about 1234 shares have advanced, 1621 shares declined. The BSE realty index was down over 2%; at 8,550.62. Selling pressure is also seen in TECk, IT, power and capital goods stocks.

At 11.59 am, the Sensex is down 110.79 points or 0.63% at 17380.11, and the Nifty down 24.55 points or 0.47% at 5167.70.

Top losers on the bourses are Jaiprakash Asso, Bharti Airtel and Reliance Infra and Unitech.

However, ITC, HUL, Cipla, Cairn India and Sterlite Ind are top losers on the bourses.

Most active shares on NSE Bharti Airtel at Rs 860.60 volumes 3,720,860 , Reliance at Rs 2,655.25 volumes 709,171  and Rel Capital at Rs 1,482.55 volumes 1,125,497.

Mkt trading weak; Bharti Airtel, Maruti top losers

The markets continue to trade quiet on low volumes with negative bias. The BSE realty, IT, auto indices are witnessing selling pressure while FMCG, consumer durable and metal stocks are trading positive.

At 10.40 am, the Sensex is down 114.12 points or 0.65% at 17376.78, and the Nifty down 25.70 points or 0.49% at 5166.55.

About 1383 shares have advanced, 1472 shares declined, and 229 shares are unchanged.

ITC, Cipla, ONGC, Cairn India and Sterlite Ind are top gainers on the bourses.

Bharti Airtel, Maruti Suzuki, M&M and Unitech are top losers on the bourses.

Most active shares on BSE are Bharti Airtel, Rel Capital and DLF.

The markets have opened flat. Modest buying interest is seen in metal, realty, pharma and banking indices. However, IT, auto stocks are trading in red.

At 09.56 am, the Sensex is down 61.86 points or 0.35% at 17429.04, and the Nifty down 6.80 points or 0.13% at 5185.45.

About 1499 shares have advanced, 1359 shares declined, and 226 shares are unchanged.

Relaince Petroleum, Idea Cellular, Sterlite Industries and Cairn India are among major gainers.

 TCS, Infosys, Bharti Airtel, NTPC are among major losers.

Asian Markets

Asian markets were trading lower. China's Shanghai Composite dropped 1.80% or 67.81 points at 3,693.20. Hong Kong's Hang Seng fell 0.35% or 91.10 points at 26,092.85. Taiwan's Taiwan Weighted was down 0.18% or 16.11 points at 8,820.96. Singapore's Straits Times declined 0.22% or 7.28 points at 3,240.76. However, South Korea's Seoul Composite was up 0.13% or 2.32 points at 1,850.59.

US Markets

US markets fell on worry that Bank of America may renegotiate its deal to buy Countrywide, while record oil prices above USD 120 a barrel increased worry about consumer spending. The Dow shed 89 points to close at 12,970. While the Nasdaq lost 13 points and shut at 2,464. The S&P 500 also lost 6 points and shut shop at 1,407.

Market cues:

• FIIs net buy $178.5 mn in equity on May 2
• MFs net sell Rs 76.2 cr in equity on May 2
• NSE F&O Open Int up by Rs 1021 crore at Rs 67706 crore

F&O cues:

• Futures Open Int down by Rs 165 cr, Options Open Int up by Rs 1185 crore
• Nifty Futures add 2.5 lakh shares in Open Int
• Nifty Open Int Put-Call ratio at 1.41 Vs 1.40
• Nifty Puts add 11.4 lakh, Calls add 7.3 lakh shares in Open Int
• Nifty 5200 Put adds 3.6 lakh shares in Open Int
• Nifty 5200 Call adds 4 lakh shares in Open Int
• Stock Futures' Open Int unchanged