Sensex ends on new high: FMCG, bk, sugar up; IT down

It was a good day for markets as the Sensex scaled another peak ending on a new high. But the Nifty ended flat. Most of the Asia ended weak wit Taiwan down over 4%. Even Europe was showing sideways movement. Among the frontliners FMCG and bank ended with hefty gains. Midcap sugar stocks were among the top midcap gainers. However, IT stocks were significantly down followed by pharma stocks.

Suzlon, ICICI Bank, Reliance Energy were among the gainers from the indices.

Technology had a bad day with Infosys down over 3% followed by TCS. Oil and gas major ONGC was down 3%.

Sensex was up 125.76 points or 0.61% at 20812.65, and the Nifty up 4.80 points or 0.08% at 6279.10.

About 1591 shares have advanced, 1339 shares declined, and 19 shares are unchanged.

The BSE Midcap Index ended at 10,102.23 down 0.1%.

The BSE Smallcap Index ended at 13,975.19 up 0.7%.

The BSE Bankex was up 2.5% at 12,197.56. IOB, ICICI Bank, Centurion bank, Axis closed in green.

The BSE Capital Goods Index closed at 20,144.53 up 0.6%. Suzlon, Reliance Infra, Siemens, Triveni Engineering closed higher.

The BSE Auto Index closed at 5,667.54 down 0.4%. Tube Investment, Apollo Tyres, Escorts, Ashok Leyland, Hind Motors closed lower.

The BSE Metal Index closed at 20,020.22 up 0.4%. JSW Steel, Jindal Steel, Jindal Stainless, Hind Zinc closed lower

The BSE FMCG Index closed up 3% at 2,319.92. Colgate, ITC, Nestle, Dabur ended higher

BSE Oil and Gas Index closed at 13,974.30 up 0.4%.  BPCL, HPCL, IOC, Reliance Natura, GAIL ended higher.

The BSE IT Index was at 4,198.59 down 3%. HCL, Infosys, Tech mahindra, TCS, Tech Mahindra closed lower.

The NSE cash turnover was at Rs 23277.2 crore and the NSE F&O turnover was at Rs 70004.57 crore. The BSE cash turnover was Rs 10673.85 crore. Total market wide turnover was at Rs 103955.62 crore.

Sensex gains further; IT, pharma stocks still down

The markets were trading rangebound after recovering from the morning lows. Sensex was strong with over 100 points gain but the Nifty was lagging behind and was trading flat. FMCG, banking and realty stocks were trading strong
but the IT, pharma, auto and metals were still reeling under pressure and the indices were in red.

Smallcaps have been outperforming the frontliners since opening today. Market breadth was very thin with 600 stocks on the advancing side on NSE and over 645 stocks on the downside. Overall volume so far was good.

At 2 pm,  the Sensex is up 140.09 points or 0.68% at 20826.98, and the Nifty up 1.15 points or 0.02% at 6275.45. About 1671 shares have advanced, 1251 shares declined, and 26 shares are unchanged.

Top gainers on the Sensex are ICICI Bank at Rs 1,365.10 up 6.20%, ITC at Rs 231.25 up 5.33% and Reliance Comm at Rs 786 up 3.41%.

Top losers on the Sensex at Infosys at Rs 1,632.70 down 3.66%, ONGC at Rs 1,304.95 down 2.89% and TCS at Rs 977 down 2.8%. 

Mkts strong; bank, FMCG, realty stocks in focus

The markets have recovered from morning lows and Sensex have pulled back in green on the back of heavy buying coming in banking, FMCG, realty, sugar, and oil & gas stocks. However, IT, metal stocks were still in red.  

Good amount of buying were witnessed in the smallcap and midcap spaces. Volume so far has been good and the market breadth has improved further with over 700 stocks on the advancing side on NSE and nearly 500 stocks on the downside.

At 1.40 pm, the Sensex is up 132.39 points or 0.64% at 20819.28, and the Nifty down 4.85 points or 0.08% at 6269.45. About 1700 shares have advanced, 1217 shares declined, and 31 shares are unchanged.

Top gainers on the Sensex were Reliance Energy at Rs 2,560 up 1.98%, Reliance Comm at Rs 774.90 up 1.95% and Tata Motors at Rs 798 up 1.75%. 

Top losers on the Sensex at Wipro at Rs 480.90 down 3.21%, Infosys at Rs 1,653 down 2.47% and TCS at Rs 982 down 2.3%.

RNRL, RPL, Hind Motors, ICICI bank were some of the most active stocks on the bourses today.

Mkts trading with modest cut; cap good, oil stocks up

The markets have gained some points and recovered from the morning lows on account of some buying witnessed in the midcap and smallcap spaces. IT, banking, metal and pharma stocks were still trading with deep cut; however capital goods, consumer durables and oil & gas stocks were in focus.

The market breadth was positive with over 600 stocks on the advancing side on NSE and about 530 stocks on the decline side. Volume so far has been good; over 23 thousand crore worth of trade has taken place on BSE, NSE cash market and F&O.   

At 10.32 hrs IST, the Sensex is down 61.53 points or 0.30% at 20625.36, and the Nifty down 30.50 points or 0.49% at 6243.80. About 1769 shares have advanced, 1125 shares declined, and 48 shares are unchanged.

Top gainers on the Sensex were Reliance Comm at Rs 776 up 2.10%, Reliance Energy at Rs 2,542 up 1.26% and Tata Steel at Rs 941 up 1.17%.

Top losers on the Sensex were HDFC Bank at Rs 1,649 down 2.85%, Wipro at Rs 485.30 down 2.32% and Infosys at Rs 1,663 down 1.88%.

RNRL, RPL, Hindustan Motors were the most active stocks in todays trade.

Mkts open in red on weak global cues

The markets opened on weak note today taking cues from the global markets. Huge selling pressure was seen across the sectors led by the technology, pharma and banking.

At 9:56 am, Sensex was down 169.10 points at 20517.19 and Nifty was down 52.35 at 6221.95. Major losers in the opening trade were Rel Petroleum, ABB, GAIL, BPCL, PNB, ICICI bank, HDFC Bank, VSNL, Bharti Airtel, BHEL, Infosys and TCS and Wipro.  

Asian markets were tumble today. Hong Kong's Hang Seng plunged 2.62%o r 720.60 points at 26,799.09. Taiwan's Taiwan Weighted tumbled 3.29% or 270.19 points at 7,950.91. Japan's Nikkei slipped 1% or 147.29 points at 14,544.12. Singapore's Straits Times dropped 2.33% or 80.14 points at 3,357.65. South Korea's Seoul Composite was down 1.90% or 35.46 points at 1,828.44.

US markets: The US markets tumbled after the government reported lower than expected job growth in December. The Dow tumbled 256.54 points, or 1.96%, to 12,800.18, while the Standard & Poor's 500 index slipped 35.53 points, or 2.46%, to 1,411.63.The Nasdaq plunged 98.03 points, or 3.77%, to 2,504.65.