Mkt ends weak: Cap goods, IT, oil & gas stks down

The markets ended in red with moderate losses on account of buying interest in index pivitols. Capital goods, power, IT and oil & gas stocks were witnessing selling pressure. However, consumer durable, realty, pharma stocks witnessing are buying interest. Broader markets showed relative strength and closed flat. In the global front, Asia closed mixed and Europe was trading firm.

Shashun, Orchid Chemicals, Bombay Dyeing, Sesa Goa, Bajaj Hindustan closed firm.

After weak results Siemens has been languishing lower, it was down over 9%.

Jaiprakash Asso, Reliance Energy, HDFC Bank, Sterlite Ind, Tata Comm Sun Pharma and Bharti Airtel were among the top gainers on the bourses.

Cipla, Tata Steel, Wipro, ABB and Cipla were top losers on the bourses.

Sensex closed down 110.02 points or 0.64% at 17015.96, and the Nifty down 22.05 points or 0.43% at 5089.65.

About 1396 shares have advanced, 1467 shares declined, and 216 shares are unchanged.

The BSE Midcap Index ended at 7,067.40 up 0.2%.

The BSE Smallcap Index ended at 8,709.82 down 0.2%.

The BSE Bankex ended at 8,816.84 down 0.6%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved downwards.

The BSE Capital Goods Index closed down 1.2% at 13,755.04. Siemens L&T, Astra Microwave, BEML, Crompton Greave, Thermax, Greaves Cotton, Areva T&D closed lower.

The BSE Auto Index closed at 4,577.20 down 0.6%. Escorts, TVS Motor, Amtek Auto, Cummins, Punj Tractors, MRF closed lower.

The BSE Metal Index closed at 15,624.22 down 1%. Hind Zinc, Sterlite, NALCO, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed lower.

The BSE FMCG Index closed down 0.3% at 2,400.22. Colgate, ITC, Godrej Consumer, HUL, GlaxoSmith Con closed lower.

BSE Oil and Gas Index closed at 11,430.02 down 1%. GAIL, Reliance Natura, HPCL, RPL,ONGC, Reliance, ONGC ended in red.
 
BSE power index closed at 3,207.81 down 0.5%. Torrent Power, NTPC, Reliance Energy, Tata Power, Power Grid Corp, Crompton Greave ended in red.

The BSE IT Index was down 1% at 4,026.74. Wipro, I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

1: 27 pm: The markets are lacklustre and are trading weak on account of buying interest in index pivitols. Capital goods, power stocks were witnessing selling pressure. However, consumer durable, realty, pharma stocks witnessing are buying interest. Broader markets have shown relative strength and have outperformed the benchmark indices.

After weak results Siemens has been languishing lower, it is down over 9%.

Jaiprakash Asso, Reliance Energy, HDFC Bank, Sterlite Ind, Tata Comm Sun Pharma and Bharti Airtel are top gainers on the bourses.

Cipla, Tata Steel, Wipro, ABB and Cipla top losers on the bourses.

In the broader markets Bombay Dyeing, Sesa Goa, Bajaj Hindustan are trading firm.

Mkt trades choppy; Capital goods, power down

The markets are trading choppy on negative bias. Capital goods, power stocks were witnessing selling pressure. However, consumer durabale, realty, pharma stocks witnessing are buying interest.

At 11.22 hrs IST, the Sensex is down 33.36 points or 0.19% at 17092.62, and the Nifty up 9.75 points or 0.19% at 5121.45.

About 1625 shares have advanced, 1224 shares declined, and 229 shares are unchanged.

Jaiprakash Asso, HDFC Bank and Bharti Airtel are top gainers on the Sensex.

Top gainers on the Nifty are Sterlite Ind, Tata Comm and Sun Pharma.

Cipla, Tata Steel, Wipro, ABB and Cipla top losers on the bourses.

The markets are trading choppy on negative bias. Selling pressure is seen in capital goods, bank, IT, oil & gas and power space. However, the midcaps and smallcaps are trading with marginal gains.

At 10.28 hrs IST, the Sensex was down 59.84 points or 0.35% at 17066.14, and the Nifty was up 5.15 points or 0.10% at 5116.85.

About 1518 shares have advanced, 1335 shares declined, and 225 shares are unchanged.

SBI, Wipro, TCS, ABB and Siemens are the top losers on the bourses.

Mkt opens strong; Bank, metal surge

The markets have opened with strong gain and trading with modest gain. Bank, Teck, metal, stocks witnessing buying interest. ICICI Bank was up 8%.

Reliance Petroleum, Idea Cellular, HCL Technolofies, HDFC Bank were among major gainers.

Siemens, Sun Pharma were among major losers.

US market ended mixed. The Dow gained 43 points to close at 12,892 and the Nasdaq shut 6 points lower at 2,422. The S&P 500 closed almost 9 points higher at 1,397. On Friday leading the surge among financials was Fannie Mae and Freddie Mac.

Asian markets were trading firm. Japan's Nikkei advanced 0.75% or 104.63 points at 13,968.10. Hong Kong's Hang Seng  0.70% or 177.89 points at 25,694.67. Taiwan's Taiwan Weighted rose 0.415 or 36.87 points at 8,984.70. Singapore's Straits Times was up 0.62% or 19.71 points at 3,208.91. South Korea's Seoul Composite added 0.19% or 3.40 points at 1,828.08.

Market cues:

• FIIs net buy $130.4 mn in equity
• MFs net buy Rs 33.1 cr in equity
• NSE F&O Open Interest up by Rs 4,921 crore at Rs 5,4172 cror

F&O cues:

• Stock Futures add 6.5 cr shares in Open Interest on day 1 of new series
• Futures Open Interest up by Rs 2,983 crore and Options Open Interest up by Rs 1938 crore
• Nifty Futures add 11.7 lakh shares in Open Interest, at 14-point premium
• Nifty Open Interest Put-Call ratio at 1.40 Vs 1.39 
• Nifty Puts add 18.5 lakh shares in Open Interest
• Nifty Calls add 12.6 lakh shares in Open Interest
• Nifty 5000 Put adds 4.5 lakh shares in Open Interest
• Nifty 4900 Put adds 4.4 lakh shares in Open Interest
• Nifty 5000 Call adds 2.4 lakh shares in Open Interest