Mkts end strong; realty, metal, energy stocks surge

Markets off early highs; midcap, IT, pharma stocks drag

The markets have given up some more ground on the back of selling pressure witnessed in the smallcap, midcap counters. Realty, metal, banking and power stocks have also given up some of its gains. IT, pharma and consumer durable sectors continue to trade in red and have shown no signs of jumping back in green.

At 14.55 hrs IST, the Sensex is up 235.09 points or 1.42% at 16843.10, and the Nifty up 47.00 points or 0.97% at 4885.25.

About 749 shares have advanced, 2220 shares declined, and 46 shares are unchanged.

Top gainers on Sensex are Tata Steel, ITC and BHEL. However Rel Comm, Cipla and Wipro are the leading losers on Sensex.

Some of the most active stocks are Relaince Energy, Rel Comm, NTPC, ICICI bank and Tata Steel.

Jaiprakash Associates has been smashed in todays trade and the stocks was down over 17%.

Mkts stable with substantial gains; realty, metals surge

The markets seems to be in consolidation mood and are trading stable with nearly 300 points gain on Sensex for over an hour. Realty and metal sectors have  surged further and oil & gas, power and banking spaces are stable with over 2% gain each.

Broader markets are still reeling under pressure. IT, pharma and durables have underperformed in todays trade. Market breadth is negative with advance decline ratio of 1:2 on NSE.

At 14.15 hrs IST, the Sensex is up 274.35 points or 1.65% at 16882.36, and the Nifty up 56.80 points or 1.17% at 4895.05. About 845 shares have advanced, 2109 shares declined, and 61 shares are unchanged.

Top gainers on the Nifty are Hero Honda at Rs 725 up 7.30%, Tata Steel at Rs 754.50 up 6.22% and Suzlon Energy at Rs 318.05 up 6.11%.

Top losers on the Nifty are Cipla at Rs 180.40 down 3.3%, Bajaj Auto at Rs 2,012 down 3.11% and Reliance Comm at Rs 559.20 down 2.75%.

Most active shares on BSE are Jaiprakash Associates at Rs 265.10 with 12,428,767 shares, Tata Investor Corp at Rs 582.40 with 5,012,652 shares and Reliance at Rs 2,440 with 841,440 shares.  

Most active shares on NSE are Reliance at Rs 2,435 with 2,903,840 shares, Jaiprakash Associates at Rs 264.60 with 24,058,058 shares and Reliance Natural at Rs 118 with 23,377,058 shares.

Mkts off day's high; midcap, IT, pharma stocks drag

The markets have given up significant gains from its early lows on the back of selling wave across the sectors led by IT, pharma, durables, bank and auto. Asian markets have have given up its steam and have come off which has put pressure on our markets. 

Oil & gas, realty, power and banking indices are still in green but off day's high. Broader markets have underperformed the frontliners which has put pressure on the breadth taking it to negative with nearly 450 stocks on the advancing side and over 750 stocks on the down side on NSE. Nearly worth 30 thousand crores of trade has taken place so far.  

At I:00 pm, the Sensex is up 298.61 points or 1.80% at 16906.62, and the Nifty up 73.60 points or 1.52% at 4911.85. About 818 shares have advanced, 2138 shares declined, and 59 shares are unchanged.

Top gainers on the Nifty are Unitech at Rs 331.50 up 6.39%, Reliance at Rs 2,435 up 4.74% and Tata Steel at Rs 741.80 up 4.43%.

Top losers on the Nifty are Idea Cellular at Rs 101.50 down 3.61%, Cipla at Rs 180.50 down 3.24% and Wipro at Rs 410.65 down 2.95%.

Most active shares on BSE are Jaiprakash Associates at Rs 265.10 with 12,428,767 shares, Tata Investor Corp at Rs 582.40 with 5,012,652 shares and Reliance at Rs 2,440 with 841,440 shares.  

Most active shares on NSE are Reliance at Rs 2,435 with 2,903,840 shares, Jaiprakash Associates at Rs 264.60 with 24,058,058 shares and Reliance Natural at Rs 118 with 23,377,058 shares.

Mkts off early highs; oil & gas, metal, banks strong

The markets have come off little bit from its early high's as some selling pressure was witnesed in the midcap, IT, and pharma sectors. Asian markets have also lost some steam and has slipped down from their highs. However, frontline counters have managed to hold its gains and are trading firm. Oil & gas, power, metal, realty and banking stocks are still trading strong.

At 12.20 hrs IST, the Sensex is up 334.90 points or 2.02% at 16942.91, and the Nifty up 82.25 points or 1.70% at 4920.50.

About 1066 shares have advanced, 1887 shares declined, and 62 shares are unchanged.

Market breadth is still positive but very thin with over 600 stocks on the advancing side against 575 stocks on the downside on NSE. Volume so far has been better as compared to last fewdays.

Top gainers on the Sensex are Reliance at Rs 2,445 up 5.20%, Tata Steel at Rs 745.15 up 4.88% and HDFC Bank at Rs 1,465 up 4.73%.

Top losers on the Sensex are Wipro at Rs 413.10 down 2.06%, Cipla at Rs 183.50 down 1.53% and Satyam at Rs 417.25 down 0.87%.

Some of the most active stocks are Relaince Energy, Rel Comm, NTPC, ICICI bank and Tata Steel.

Oil & gas stocks are trading strong since opening. Leading gainers in this space are Reliance, Reliance Natural, Essar Oil, ONGC and IOC.

Mkts surge: Metal, banks, energy, realty up; IT down

The markets have gained futher ground and are trading at the higher levels. Sensex has moved above 17,100 and Nifty is above 4950 levels. Cues from Asian peers were mixed. US stocks ended mixed with Dow was up 133 points but Nasdaq closed flat. All the BSE sector indices are in green with bank, metal, energy, and realty indices leading. IT index has underperformed and is trading marginally in green.

Broader market have underperformed the frontline indices with BSE Midcap index up over 1.5% and smallcap index is flat. Market breadth is in the favour of the advances at 2:1.

At 11.40 am, the Sensex is up 460.93 points or 2.78% at 17068.94, and the Nifty up 134.75 points or 2.79% at 4973. About 1218 shares have advanced, 1742 shares declined, and 55 shares are unchanged.

Among the major frontline gainers were Reliance, ONGC, ICICI Bank, RPL, Idea Cellular, NTPC, Cairn, Tata Communication, HDFC Bank, Tata Steel, Sterlite, SAIL, Rel Communication.

Unitech and Reliance are up over 6%, followed by HDFC and HDFC Bank up over 4.5%.

Among the top losers were technology stocks like Satyam, Infosys and Wipro.

Mkts trade strong: Metal, banks, energy up; IT down

The markets opened in green on the back of strong cues from Asian peers. US stocks ended mixed with Dow was up 133 points but Nasdaq closed flat. Broader markets have opened quiet. Private banks, power, metal were among the gainers. However, technology started weak.

Sensex opened up 219 points at 16825. Nifty opened up 63 points at 4901 

Among the major frontline gainers were Reliance, ONGC, ICICI Bank, RPL, Idea Cellular, NTPC, Cairn, Tata Communication, HDFC Bank, Tata Steel, Sterlite, SAIL, Rel Communication.

Among the top losers were technology stocks like Satyam, Infosys and Wipro.

Asian markets were trading mixed. Hong Kong's Hang Seng gained 2%, Japan's Nikkei rose 1.39%, Taiwan's Taiwan Weighted advanced 0.75%, Singapore's Straits Times was in red, South Korea's Seoul Composite marginally red.

Rupee was trading at Rs 39.60 per dollar

Market cues:

• FIIs net sell $457.5 m in equity on Friday, Monday
• MFs net sell Rs 570.8 cr in equity on Feb 11
• NSE F&O Open Int unchanged at Rs 66,620 crore

F&O cues:

• Futures Open Int down by Rs 611 crore and Options Open Int up by Rs 626 crore
• Stock Futures shed 1.75 cr shares in Open Int
• Stock Futures now have Open Int of 110 cr shares, which is lower than seen at Jan lows
• Nifty Feb Futures Open Int unchanged; at 43-point discount
• Nifty March Futures add 3 lakh shares in OI; at 48-point discount
• Nifty Open Int Put-Call ratio at 0.88 Vs 0.91
• Nifty Puts add 3 lakh, Calls add 7 lakh shares in Open Int
• Nifty 4600 Put adds 1.4 lakh shares in Open Int
• Nifty 4900 Put adds 1.2 lakh shares in Open Int
• Nifty 5000 Call adds 2 lakh shares in Open Int
• Nifty 4800 Call adds 1.4 lakh shares in Open Int