Mkt ends with deep cut: Nifty closes below 5,100

It was an extremely volatile session for markets as they closed in deep red after opening on a robust note. Sensex was down nearly 1000 points from the highs of the day and Nifty down 300 points. The fall came in despite some encouaging cues from Asia and Europe. Asia closed higher and Europe opened in green.

Metal, power and realty stocks have taken it on their chin as the ended deep in red. The breadth was negative as the midcap and smallcap stocks were reeling under pressure. NSE Advance:Decline ratio was at 1:5. Select IT, bank and FMCG stocks have provided support at lower levels.

Sensex closed down 372.33 points or 2.12% at 17221.74, and the Nifty down 169.95 points or 3.27% at 5033.45.

About 463 shares have advanced, 2492 shares declined, and 28 shares are unchanged.

The BSE Midcap Index ended at 7,537.90 down over 3%.

The BSE Smallcap Index ended at 10,013.96 down 4%.

The BSE Bankex ended at 10,582.88 down 1.4%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved downwards.

The BSE Capital Goods Index closed down 5% at 16,382.48. Triveni Engg, Suzlon Energy, Alstom Projects, Praj Industries, Punj Lloyd , ABB closed lower.

The BSE Auto Index closed at 4,567.13 up 2.3%. Escorts, TVS Motor, Amtek Auto, Cummins, Punj Tractors, MRF closed lower.

The BSE Metal Index closed at 14,220.68 up 5.7%.  Hind Zinc, Sterlite, NALCO, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed lower.

The BSE FMCG Index closed down 2% at 2,062.43.  Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed lower.

BSE Oil and Gas Index closed at 10,497.95 down 3.2%. GAIL, Reliance Natura, HPCL, RPL,ONGC, Reliance, ONGC ended in red
 
BSE power index closed at 3,733.47 down 5.2%. Torrent Power, NTPC, Reliance Energy, Tata Power, Power Grid Corp, Crompton Greave ended in red.

The BSE IT Index was down 1.2% at 3,587.78. I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 17200.17 crore and the NSE F&O turnover was at Rs 39442.0 crore. The BSE cash turnover was Rs 6367.75 crore. Total market wide turnover was at Rs 63009.2 crore.

Mkt trades weak amid volatility: Power, metal, realty down

The markets have shown some recovery on the back of some positive cues from Europe. Nifty has recovered 100 points and Sensex is up 300 points from the day's low. Select IT, bank and FMCG stocks have provided support at lower levels. Metal, power and realty stocks have taken it on their chin. The breadth is negative as the midcap and smallcap stocks are under pressure. NSE Advance:Decline is at 1:5.

Heavy profit booking witnessed in the midcap and smallcap counters. The cues have also been very encouraging as most of the Asia closed is trading at the higher levels.

Among the top losers were Sterlite is down 10%, NTPC down 7%, REL down 6% and RPL down over 6%, ONGC down 6%. GAIL, Hindalco, Ambuja Cements  and Reliance were among the other losers.

CNX Midcap index is down 4.5%, BSE Midcap index is down 3% and smallcap index is down over 3.5%. BSE FMCG index is up over 2% followed by bankex and IT index which are up over 1% each.

Mkts in red: Power, metal, realty down

The markets have slipped in red on increasing selling pressure in scrips across sectors. The markets are trading near the low points of the day. Metal, power and realty stocks have taken it on their chin. Sensex is down nearly 650 points from the day's high. Nifty has slipped in the negative terrain down nearly 250 points from the day's high. The breadth is negative as the midcap and smallcap stocks are under pressure. NSE Advance:Decline is at 1:4.

Heavy profit booking witnessed in the midcap and smallcap counters. The cues have been very encouraging as most of the Asia closed is trading at the higher levels.

At 13.03 hrs IST, the Sensex is down 187.30 points or 1.06% at 17406.77, and the Nifty down 86.15 points or 1.66% at 5117.25.

About 535 shares have advanced, 2402 shares declined, and 46 shares are unchanged.

Among the top losers were Sterlite is down 8.5%, NTPC down 5%, REL down 6% and Reliance down RPL 3.5%. GAIL, Hindalco, Ambuja Cements  and Reliance were among the other losers.

BSE Midcap index is down 3% and smallcap index is down over 3.5%. BSE FMCG index is up over 2% followed by bankex and IT index which are up over 1% each.

Mkt witnesses volatility: Midcap, realty, metal down

It is an extremely volatile session for the markets. The breadth is negative as the midcap and smallcap stocks are under pressure. Nifty has slipped in the negative terrain down nearly 200 points from the day's high. Metal, consumer durable, realty and pharma stocks were under pressure but the banking, FMCG and IT stocks were still strong. Heavy profit booking witnessed in the midcap and smallcap counters. The cues have been very encouraging as most of the Asia closed is trading at the higher levels.

BSE Midcap index is down 1% and smallcap index is down over 2%. BSE FMCG index is up over 2% followed by bankex and IT index which are up over 1% each.

Top gainers on the Sensex were HUL at Rs 200 up 5.51%, HDFC up 6% and ICICI Bank at Rs 1,208.05 up 4.97%. 

Top losers on the indices were Sterlite down over 5%, Reliance Energy, GAIL and NTPC are down over 3% each, Hindalco down over 2.5%, Ambuja Cements  down 2% and Reliance down 1%.

Bharti Airtel, RNRL, RPL, ICICI Bank and Reliance Industries were some of the most active counters on the bourses.  

Mkt sees selling pressure; midcaps hammered

The markets have given up most of its early gains on the back of heavy profit booking witnessed in the midcap and smallcap counters. Metal, consumer durable, realty and pharma stocks were under pressure but the banking, FMCG and IT stocks were still strong.

At 11.11 hrs IST, the Sensex is up 301.80 points or 1.72% at 17895.87, and the Nifty up 7.10 points or 0.14% at 5210.50. About 1060 shares have advanced, 1858 shares declined, and 65 shares are unchanged.

Mkt breadth has slipped in negative with advance decline ratio at 5:7 on NSE. Rupee was quoting at 39.58 against USD.

Top gainers on the Sensex were HUL at Rs 200 up 5.51%, HDFC at Rs 2,669 up 5.42% and ICICI Bank at Rs 1,208.05 up 4.97%. 

Top losers on the Sensex were NTPC at Rs 216.60 down 3.17%, Ambuja Cements at Rs 116.50 down 2.1% and Reliance at Rs 2,511 down 1.72%.

Bharti Airtel, RNRL, RPL, ICICI Bank and Reliance Industries were some of the most active counters on the bourses.  

Markets in  momentum; bank,metal,oil stocks in focus

The markets have gained some more points on the back of some buying taking place in banking, oil & gas, metal and realty stocks. All the key BSE indices are trading in green with significant gains. Midcaps are also in focus, however the smallcaps are under little pressure.

At 10.30 hrs IST, the Sensex is up 403 points or 2.29% at 17997.07, and the Nifty up 110.70 points or 2.13% at 5314.10. About 1446 shares have advanced, 1486 shares declined, and 51 shares are unchanged.

Some of the momentum stocks like RNRL, Essar Oil, Neyveli Lignite and Vijaya Bank were firing on all cylinders today and were trading with a decent gains of nearly 10%.

Market breadth have been very impressive since opening today. Over 700 stocks were on the advancing side on NSE against 400 stocks on the downside. Rupee was quoting at 39.58 against USD.

Major gainers on the BSE were ICICI bank, HDFC, bajaj Auto. Ambuja Cement was one counter in Sensex which was trading weak with a cut of nearly 0.3%.

Bharti Airtel, RNRL, RPL, ICICI Bank and Reliance Industries were some of the most active counters on the bourses.

Mkts open on strong note in line with global peers

The markets opened on a very strong note today on account of strong cues from the global markets. US markets closed with substantial gains yesterday and the Asian markets are also trading with significant gains barring Sanghai.

Good amount of buying was seen taking place in the opening move across the sectors led by the banking, oil & gas and metal space. Rupee was quoting at 39.57 against USD.

At 9:56 am, Sensex was up 426 points at 18026 and Nifty was up 139 points at 5342. Major gainers in the opening trade were Reliance, ICICI Bank, Rel Energy, Infosys, Essar Oil, Rel Comm, RNRL.

Asian markets were trading higher. Japan's Nikkei rose 1.44% or 184.86 points at 13,013.92. Hong Kong's Hang Seng advanced 0.69% or 166.46 points at 24,256.63. Singapore's Straits Times gained 2.44% or 72.94 points at 3,056.56. Taiwan's Taiwan Weighted surged 0.80%or 59.36 points at 7,467.76. South Korea's Seoul Composite was up 1.48% or 24.05 points at 1,652.47.

US markets: The Dow Jones industrial average gained 298.98 points, or 2.5% at 12,270.17. The Standard & Poor's 500 index advanced 28.10 points, or 2.14%, to 1,338.60, while the Nasdaq composite index shot up 24.14 points, or 1.05%, to 2,316.41.

Market cues:

• FIIs net buy USD 559.3 million in equity
• MFs net buy Rs 1,175.8 cr in equity
• NSE F&O Open Int up Rs 915 cr in value terms at Rs 90,000 cr; down 15 cr shares in absolute terms