It was yet another tough and disappointing day for the markets wherein it opened with a deep cut on the back of weak cues from the global markets and proceeded to trade on weak note amid volatility for most part of the day. There was bloodbath on the Dalal Street in late trade and the markets ended in deep red.

Realty, oil & gas, banking, metal and capital goods counter were the worst hit in today trade and the midcap was also badly hit. Advance decline rartio worsened in the late trade and it was 1:10 on NSE.

At 15.42 hrs IST, the Sensex is down 687.12 points or 3.49% at 19013.70, and the Nifty down 211.20 points or 3.57% at 5702. About 416 shares have advanced, 2535 shares declined, and 30 shares are unchanged on BSE. BSE MIdcap was down 4.78% at 8893.71 and smallcap was down 4.55% at 12160.45.

BSE auto index was down 3.01% at 5147.74. Hind Motors, Escorts, TVS Motors were the worst hit stocks in the auto space.

BSE bankex was down 5% at 11372.41. Kotak Mahindra bank, Canara bank and Bank Of India were the top losers.

BSE capital good index was down 3.16% at 18,333.6.  Triveni Engg, Kirloskar Oil, Praj Ind were the worst hit stocks.

BSE pharma index was down 2.43% at 4,024.85. Divis Lab, Orchid Chemical, Nicholas Pharma and Aurbindo Pharma were the top losers among pharma space.

BSE FMCG index was down 1.9% at 2,302.58. Bata India, Colgate, Tata tea and UB were the worst hit stocks.

BSE IT index was down 1.63% at 3,790.64. Tech mahindra, Patni Comp, IFlex Solution, Mphasis were hit most among IT stocks.

BSE metal index was down  4.89% at 17,258.80. Jindal Steel, Jindal Stainless, JSW Steel were the tol losers.

BSE oil & gas index was down 5.88% at 12,594.91. Essar Oil, IOC, Reliance Petronet LNG were the highest losers in this space.

BSE power index was down 3.8% at  4,299.09. CESC, GMR, NTPC, Torrent Power lost maximum.

BSE realty index was down 5.81% at 12,021.74. Ansal Properties, Peninsular land, HDIL, DLF were the leading losers.

Markets Snapshot:

• Weak Global sentiment rub off on Indian markets; Markets Slide in last two hours of trade
• Sensex ends down 687 pts at 19013; Nifty ends down 208 pts at 5705
• CNX Midcap Index ends down 5.3%; BSE Small-cap Index ends down 4.6%; Nifty Junior down 6.2%;
• BSE Oil & Gas Index down 5.9%; Reliance down 6.6%, Cairn down 5.3%, RPL down 4.8%, ONGC down 3.1%, GAIL down 4.2%
• BSE Realty Index down 5.8%; DLF down 7.2%, Unitech down 3.2%
• BSE Metals Index down 4.9%; Sterlite down 5.7%, SAIL down 4.2%, Tata Steel down 3.5%, Hindalco down 3.1%
• BSE Bank Index down 5%; ICICI Bank down 5.5%, HDFC Bank down 4.4%, SBI down 2.2%
• Index Gainer: Ranbaxy up 5.4%, Other Index Losers: NTPC down 6.4%, Idea Cellular down 5.1%, REL down 4%, Suzlon down 4%, M&M down 3.8%
• Non Index Gainers: Pratibha Ind up 10.6%, Akruti City up 3.8%, Blue Star up 3.7%, UTV up 3.1%
• Non Index Losers: Bajaj Hind down 20.3%, Tata Metaliks down 14.9%, Chambal Fert down 14.2%, Oswal Chem down 14%, Balrampur Chini down 14%, Nagarjuna Fert down 13.6%, Triveni down 13.3%, Sakthi Sugars down 12.7%
• NSE Advance Decline at 1:14
• Total market turnover at Rs 1.01 lakh cr Vs Rs 96,056 cr yesterday

F&O mkts snapshot:

• Nifty adds 42.3 lakh shares in OI (prov)
• Basis is at a 20-27 point premium on account of huge cash market selling
• Nifty Turnover at 8742 cr (prov)
• Action/Sell Off centered around the cash market
• F&O Turnover : 72852 cr vs 67865 cr
• Stock Futures shed about 64 lakh shares in OI (prov)
• Most of the unwinding takes place in the last hour of trade

Bloodbath on Dalal Steet; Sensex below 19,000

The markets are facing relentless fall on the back of heavy selling pressure across the sector. The weak global cues has further added to the negative sentiment prevailing in the markets. Europe was trading weak since its opening.

Capital goods, oil & gas, power and realty indices are bleeding badly and the  midcaps are in deep pain. Relaty index was trading with a very deep cut of 5.5%. It was also a terrible day for the sugar counters.

At 3 pm, the Sensex is down 599.08 points or 3.04% at 19101.74, and the Nifty down 177.75 points or 3.01% at 5735.45. About 507 shares have advanced, 2431 shares declined, and 43 shares are unchanged.

Top gainers on the Nifty are Ranbaxy Labs at Rs 399.45 up 8.53%, Bajaj Auto at Rs 2,482 up 1.64% and ACC at Rs 873 up 1.52%.

Top losers on the Nifty are NTPC at Rs 240.80 down 5.75%, Cairn India at Rs 222.40 down 5.34% and Unitech at Rs 469 down 4.6%.

Reliance, RNRL, Reliance Energy and ICICI Bank are some of the most active counters in todays trade.

Mkts slide: Energy, metal, realty, cap goods down

The markets have slid further and are trading deep in red. Selling is seen in scrips across sectors. Realty, energy, metal capital good stocks have taken it on their chin.

At 14.48 hrs IST, the Sensex is down 452.37 points or 2.30% at 19248.45, and the Nifty down 149.10 points or 2.52% at 5764.10. About 558 shares have advanced, 2382 shares declined, and 41 shares are unchanged. On NSE also, the advance decline ratio was 1:10.

Top gainers on the Nifty are Ranbaxy Labs at Rs 399.45 up 8.53%, Bajaj Auto at Rs 2,482 up 1.64% and ACC at Rs 873 up 1.52%.

Top losers on the Nifty are NTPC at Rs 240.80 down 5.75%, Cairn India at Rs 222.40 down 5.34% and Unitech at Rs 469 down 4.6%.

Reliance, RNRL, Reliance Energy and ICICI Bank are some of the most active counters in todays trade.

Mkts weak amid volatility; oil, realty, cap goods down

The markets are still trading weak amid volatility. All the key BSE indices are in red led by realty, oil & gas, capital goods and banking space. BSE midcap and smallcap are once again struggling to catch up the frontline counters. BSE midcap index was down over 1% and smallcap index was also trading with nearly 1% cut.  

At 13.41 hrs IST, the Sensex is down 107.20 points or 0.54% at 19593.62, and the Nifty down 40.05 points or 0.68% at 5873.15. About 1028 shares have advanced, 1899 shares declined, and 53 shares are unchanged.

Market breadth was negative with over 800 stocks on the decline side and only 335 stocks on the advancing side on NSE. However, volume so far has been good, over worth Rs 30 thousand crore trade has taken place.  

Top gainers on the Sensex are Ranbaxy Labs at Rs 382.50 up 3.97%, Bajaj Auto at Rs 2,525 up 3.39% and Reliance Energy at Rs 2,283 up 3.18%.

Top losers on the Sensex are HDFC Bank at Rs 1,609 down 2.31%, DLF at Rs 1,060.90 down 2.29% and BHEL at Rs 2,304 down 1.89%.

Top gainers on the Nifty are Ranbaxy Labs at Rs 385 up 4.61%, Bajaj Auto at Rs 2,529.70 up 3.60% and Reliance Energy at Rs 2,278.65 up 2.96%.

Top losers on the Nifty are Idea Cellular at Rs 138.40 down 3.28%, Zee Entertain at Rs 293.05 down 2.69% and VSNL at Rs 641.05 down 2.62%.

On the results front, Wipro came out with inline set of numbers. Wipro in Q3 FY08 has reported consolidated net profit of Rs 854 cr. ITC It has posted net profit of Rs 830.72 crore for the quarter ended December 2007 as against Rs 717.40 crore in same period of previous year and net sales of Rs 3457.9 crore versus Rs 3165.6 crore.

Mkt volatile: oil & gas, realty, bank stocks down

The markets continue to languish at the lower levels on sustained selling pressure in stocks across sectors. Bank, capital goods, oil & gas and realty stocks are among the top gainers on the indices. Broader markets are also down 1% inline with the frontline indices. Barring FMCG, all the BSE sector indices are in red.

The cues were not very encouraging, US markets closed with heavy losses yesterday; Dow closed 300 points down. Asia was trading lower but has showed some recovery from the with Hang Seng and Strait Times down over 1.5%.

At 12.22 pm, the Sensex is down 98.43 points or 0.50% at 19602.39, and the Nifty down 23.95 points or 0.41% at 5889.25. About 1113 shares have advanced, 1808 shares declined, and 58 shares are unchanged.

Market breadth was negative with over 800 stocks on the decline side and only 335 stocks on the advancing side on NSE. However, volume so far has been good, over worth Rs 30 thousand crore trade has taken place.  

BPCL, Reliance Enery, Ambuja Cements, Ranbaxy, HCL Tech were among the major frontline gainers on the indices.

Among the major laggards were HDFC Bank, DLF, VSNL ICICI Bk, Bharti, RPL, Reliance Ind, Idea, Tata Power, Unitech, SBI, NTPC, BHEL.

On the results front, Wipro came out with inline set of numbers. Wipro in Q3 FY08 has reported consolidated net profit of Rs 854 cr.

Mkts open in red cut on weak global cues

The weakness in the stock market continues as they opened with a  cut on the back of some weak global cues. US markets closed with heavy losses yesterday; Dow closed 300 points down. Asia was trading lower but has showed some recovery from the with Hang Seng and Strait Times down over 1.5%.

Sensex opened with a gap down over 250 points at 19441. Nifty was at down 83 points.

Midcap index opened down 1%, giving markets negative breadth.

Among the major laggards were ICICI Bk, Bharti, RPL, Reliance Ind, Idea, Tata Power, Unitech, SBI, NTPC, BHEL.

HCL Tech, HUL, SAIL, TCS were among the gainers.

On the results front, Wipro came out with inline set of numbers.

Market cues:

• FIIs net sell USD 565 million in equity
• NSE F&O Open Int up by Rs 1,544 crore at Rs 1.34 lakh crore

F&O cues:

• Futures Open Interest up by Rs 127 crore and Options Open Interest up by Rs 1,417 crore
• Nifty Futures shed 17 lakh shares in Open Interest, at 19-point premium
• Nifty Open Interest Put-Call ratio slides sharply to 1.11 from 1.22
• Nifty Puts add 3.3 lakh, Calls add 16.4 lakh shares in Open Interest
• Nifty 6000 Call adds 6 lakh shares in Open Interest
• Nifty 6100 Call adds 3.2 lakh shares in Open Interest
• Nifty 6000 Put adds 1.46 lakh shares in Open Interest
• Nifty 5800 Put adds 1 lakh shares in Open Interest
• Stock Futures add 1.3 cr shares in Open Interest