The markets opened with decent gap up in line with its global peers but could not maintain the gains for long and turned choppy and traded flat through the day before ending flat. Sensex ends with a modest loss but the Nifty managed to close in green. RBI also disappointed the markets by keeping the interest rates unchanged. 

Analyst were strongly expecting little reduction in the rates which didnot happen and as a result the interest rate sensitive sectors like banking, realty and auto were badly hit. Banking and the realty stocks were severly hitm, however the FMCG, IT and oil & gas stocks traded firm through the day. Market breadth remained very thin but positive and the volume was also truncated.  

Sensex ended down 60.84 points or 0.34% at 18091.94, and the Nifty closed up 6.70 points or 0.13% at 5280.80. On BSE, about 1460 shares advanced, 1473 shares declined, and 56 shares remained unchanged. BSE midcap ended up 0.43% at 8021.24 and BSE smallcap was up 0.72% at 10377.67.

BSE auto index ended down 0.05% at  4923.74. Tube Investment, Bajaj Auto Hero Honda ended in red.

BSE bankex was down 3.48% at 11120.42. Bank O India, Canara Bank, IOB were were the top losers.

BSE capital good index was down 0.90% at 16962.06. Punj Lloyd, Bharat Electronics and Reliance Infra were the top losers.

BSE realty index closed down 2.7% at 10401.07. Unitech, mahindra Life and HDIL lost maximum in the realty space.

BSE FMCG index ended up 2.67% at 2205.71. Tata Tea, HUL, Nestle were the top gainers in thos space.

BSE IT index was up 1.93% at 3730.67. HCL Tech, Infosys, Wipro werethe top gainers in the IT sector.

BSE metal index 0.63% at 15540.75. In the metal space, top gainers were Hindalco, JSW Steel, Tata Steel.

BSE oil & gas index was ended up 0.94% at 11181.77. Essar Oil, Reliance Petro and ONGC were the top gainers in this space.

BSE power index ended up 0.6% at 3936.16. Suzlon, CESC and Torrent Power the top gainers.

Turnover today:

• BSE Cash - Rs 4783.07 cr
• NSE cash - 12071.47 cr
• NSE F&O - 56019.95 cr
• Total - 72874.49 cr

Markets snapshot:

• Markets end weak after falling from intra-day high on credit policy day
• RBI keeps Bank rate, Repo rate, Reverse Repo rate unchanged
• Sensex ends down 61 pts at 18092; swings 563 pts during the day
• Nifty ends up 6.7 pts at 5281; swings 166 pts during the day
• Interest rate sensitives like bank, realty and auto stocks hit the most as RBI keeps headline rates unchanged
• BSE Bank Index down 3.5%, ICICI Bk down 4.2%, SBI down 3.6%, HDFC Bank down 3.3%
• Realty stocks: Unitech down 5.6%, HDIL down 5.45%, Orbit Corp down 4.7%
• Auto stocks: Bajaj Auto down 3.5%, Eicher Motor down 1.4%, Hero Honda down 1%
• Index Gainers; Suzlon up 8.7%, Sun Pharma up 7%, Cairn India up 6.9%
• CNX Midcap Index down 0.36%; BSE Small Cap Index up 0.72%
• Midcap Buzzers: IVR Prime up 13%, NIIT up 11%, Great Offshore up 9.5%, Praj Ind up 8.8%, Guj NRE Coke up 8.5%
• NSE Advance Decline breadth improves; ends at 7:5
• Total market turonver improves compated to last 2-3 days; total mkt turnover at Rs 72,874 Cr Vs Rs 58,520 Cr

F&O updates:

• Turnover picks up; at 56019 cr vs 43396 cr yesterday
• Nifty Feb series trades at a steeper discount to Jan series
• Nifty witnesses aggressive rollover of short positions
• Cost of Carry for select stock futures is subdued on account of less aggressive long rollovers
• Strongest rolls seen in textile, cement and power space
• Significantly Lower Open Interest in stock futures to be rolled compared to last few expiries

Mkts trading flat amid volatility; FMCG, IT stocks firm

The markets are trading flat amid volatility across the flat line. Bankex and realty and capital good index are still trading in red. FMCG, IT, oil & gas and pharma stocks are attracting good amount of buying interest. BSE midcap and smallcap index are also trading flat in line with thre frontline index.

At 3 pm, the Sensex is down 43.82 points or 0.24% at 18108.96, and the Nifty up 10.30 points or 0.20% at 5284.40. About 1479 shares have advanced, 1455 shares declined, and 55 shares are unchanged.

Top gainers on the Nifty are Suzlon Energy at Rs 341.90 up 8.49%, Cairn India at Rs 205 up 7.19% and Sun Pharma at Rs 1,063 up 7.08%

Top losers on the Nifty are Dr Reddys Labs at Rs 538.55 down 4.87%, Unitech at Rs 391.50 down 4.59%.

Banking and realty stocks are under deep pressure and are trading with a cut of over 3% and 2% respectively. FMCG, pharma and IT stocks are in focus and are trading firm.

Bank of India, Canara Bank and Oriental Bank are trading with maximum losses in the banking sector. In the realty space, Mahindra Life, HDIl and Unitech are trading with a loss of over 3% each.  

Mkts trading with modest cut; bank, realty stocks plunge

The markets are trading in modest red on the back of some selling pressure witnessed in the rate sensitive sectors like auto, banking and real estate as the RBI has kept the interes rates unchanged. Analyst were strongly expecting reduction in the interest rates.

Banking and realty stocks are under deep pressure and are trading with a cut of over 3% and 2% respectively. FMCG, pharma and IT stocks are in focus and are trading firm.

On NSE, advance decline ratio was very thin with 674 stocks on the advancing side and over 535 stocks on the down side. Rupee was quoting at 39.75 against USD. Volume has been quite impressive so far.

At 13.43 hrs IST, the Sensex is down 53.87 points or 0.30% at 18098.91, and the Nifty up 10.65 points or 0.20% at 5284.75. About 1395 shares have advanced, 1532 shares declined, and 62 shares are unchanged.

Top gainers on the Nifty are Sun Pharma at Rs 1,080 up 8.79%, Idea Cellular at Rs 120.80 up 6.20% and Zee Entertain at Rs 267 up 5.28%.

Top losers on the Nifty are ICICI Bank at Rs 1,204.95 down 5.42%, HDFC Bank at Rs 1,505.20 down 5.35% and Maruti Suzuki at Rs 824 down 4.71%.

Bank of India, Canara Bank and Oriental Bank are trading with maximum losses in the banking sector. In the realty space, Mahindra Life, HDIl and Unitech are trading with a loss of over 3% each.  

Bank, realty, auto stocks slip as RBI kept rates unchanged

The markets are trading flat amid volatility after giving up most of its early gains. All the rate senstive sectors like auto, bank and realty have been hit as the RBI has kept the rates unchanged. Analysts were of the view that the RBI may cut the rates.

Bank, auto, realty and capital goods space are trading weak today however, the IT, power, oil & gas and pharma stocks are in focus and are trading with good gains.

At 12.51 hrs IST, the Sensex is up 8.47 points or 0.05% at 18161.25, and the Nifty down 14.50 points or 0.27% at 5259.60. About 1489 shares have advanced, 1443 shares declined, and 57 shares are unchanged.

On NSE, advance decline ratio was very thin with 674 stocks on the advancing side and over 535 stocks on the down side. Rupee was quoting at 39.75 against USD. Volume has been quite impressive so far.

Top gainers on the Nifty are Sun Pharma at Rs 1,080 up 8.79%, Idea Cellular at Rs 120.80 up 6.20% and Zee Entertain at Rs 267 up 5.28%.

Top losers on the Nifty are ICICI Bank at Rs 1,204.95 down 5.42%, HDFC Bank at Rs 1,505.20 down 5.35% and Maruti Suzuki at Rs 824 down 4.71%.

Mkts witness weakness; RBI keeps rates unchanged

The markets have given up its morning gains and the Sensex has slipped in the red. Rate sensitives auto and banks are witnessing selling pressure. The volatility is seen ahead of the credit policy. Expert views were divided on the rate cut by the RBI. Finally RBI has kept the rates unchanged.

Despite some encouraging cues from from global peers we are seeing volatility. Wall Street ended up on hopes of Fed rate cut; Dow closed up 176 points. Most of the Asia was trading firm in green, with Hang Seng up nearly 3%.

At 12.10 pm, the Sensex is up 3.51 points or 0.02% at 18156.29, and the Nifty up 11.15 points or 0.21% at 5285.25. About 1363 shares have advanced, 1566 shares declined, and 60 shares are unchanged.

Top gainers on the Sensex are Infosys at Rs 1,493.55 up 3.25%, Grasim at Rs 3,035 up 2.97% and Wipro at Rs 418.05 up 2.90%

Top losers on the Sensex are ICICI Bank Rs 1,226.60 3.7%, Bajaj Auto at Rs 2,385 up 3.02% and Maruti Suzuki at Rs 837.80 up 2.88%.

Realty, energy, auto and IT stocks are trading firm although there is no run away rally. Selling pressure is seen in selct banking stocks.

ICICI Bank, Bajaj Auto, Maruti Suzuki are among the top losers on the indices.

Reliance Natural, Reliance and Essar Oil are among the most active counters on the bourses.

Market trades firm: FMCG, energy up; bank down

The markets are holding up but have eased off a bit. The cues from from global peers were encouraging. Wall Street ended up on hopes of Fed rate cut; Dow closed up 176 points. Most of the Asia was trading firm in green, with Hang Seng up nearly 3%.

At 10.56 hrs IST, the Sensex is up 227.21 points or 1.25% at 18379.99, and the Nifty up 80.15 points or 1.52% at 5354.25.

About 1726 shares have advanced, 1211 shares declined, and 52 shares are unchanged.

Realty, energy, auto and IT stocks are trading firm although there is no run away rally. Selling pressure is seen in selct banking stocks.

Among the top frontline gainers were Idea Cellular up 5.6%; followed by Grasim, Sun Pharma nad Suzlon Energy up over 4%, HDFC, Wipro, ITC, ONGC each up over 3%. Tech majors TCS and Infosys are trading firm up nearly 3%.

ICICI Bank, Bajaj Auto, Maruti Suzuki are among the top losers on the indices.

Reliance Natural, Reliance and Essar Oil are among the most active counters on the bourses.

Markets open firm inline with global peers

The markets have opened in green on account of some encouraging cues from global peers. Wall Street ended up on hopes of Fed rate cut; Dow closed up 176 points. Most of the Asia was trading firm in green, with Hang Seng up nearly 3%.

Buying is seen in scrips across sectors. Realty, energy, auto and IT stocks have opened firm although there is no run away rally.

Reliance Petro, ITC, Suzlon, SAIL, Rel Ind, NTPC, Unitech, Tata Steel, Bharti, DLF, Infosys, Wipro, Maruti, M&M, SBI, ICICI Bank, SBI and ONGC.

Markets opened firm, Nifty was up 100 points at 5371 and Sensex was at 18450 up 300 points.

Market cues:

• RBI to announce credit policy today; banking stocks rallied yesterday
• FIIs net buy USD 165.9 million in equity
• MFs net buy Rs 221 crore in equity
• NSE F&O Open Interest up by Rs 653 crore at Rs 89,059 crore

Asian markets were trading firm. Hong Kong's Hang Seng surged 2.84%, Japan's Nikkei was up 1.84%, Taiwan's Taiwan Weighted gained 0.18%, Singapore's Straits Times rose 1.11%, South Korea's Seoul Composite shot up 0.57%.

F&O cues:

• Stock Futures shed 1 cr shares in Open Interest
• Futures Open Interest up by Rs 300 crore
• Options Open Interest up by Rs 353 crore
• Nifty Jan Futures shed 15 lakh shares in Open Interest
• Nifty Feb Futures add 36 lakh shares in Open Interest
• Nifty Open Int Put-Call ratio at 0.91
• Nifty Puts add 1.5 lakh shares in Open Interest
• Nifty Calls add 7 lakh shares in Open Interest
• Nifty 5000 Put adds 1 lakh shares in Open Interest
• Nifty 5200 Call adds 2.1 lakh shares in Open Interest
• Nifty 5300 Call adds 1.6 lakh shares in Open Interest