Thanks to some strong buying at lower levels, a few blue chip stocks have regained a bit of lost ground and mirroring the recovery, the Sensex too has wiped off a portion of its losses now.
The Sensex, which had slipped to a low of 17,900.96 earlier this afternoon, has recovered to 18,016.25 now, cutting down its loss to around 0.55% or 99 points. The Nifty is down with a loss of 0.7% or 37.15 points at 5265.75. Earlier, following a strong bout of selling this afternoon, the Nifty has tumbled to 5224.
The market breadth, thanks to good buying interest in several midcap and smallcap stocks, remains fairly positive. On BSE, advances outscore declines by nearly 2 to 1 at present.
Nalco, the biggest gainer among Nifty stocks, is up by over 7% at Rs 388.70. Siemens, which touched a high of Rs 1637 earlier in the day, has eased to Rs 1612, but still holds on in the positive territory with a sharp gain of 3.1%.
Cairn India, Mahindra & Mahindra, GAIL India, Hindustan Unilever and ICICI Bank are up by 1% - 2%. Bajaj Auto, Tata Power, Hindalco and ITC are also up with notable gains.
Sterlite Industries, Idea Cellular, Suzlon Energy, Unitech, Tata Motors, BHEL, Tata Communications, Tata Consultancy Services, State Bank of India, Hero Honda, Wipro, ONGC, Satyam Computer Services, Reliance Industries, Grasim Industries, Dr. Reddy's Laboratories, HDFC, HCL Technologies, Infosys Technologies and Maruti Suzuki have lost 1% - 2%.
Reliance Power, which is up with a sharp gain of 7.9% at Rs 414.75, rules the turnover chart today. On the National Stock Exchange, the Reliance Power counter has clocked a turnover of over Rs 680 crore on a volume of around 16.21 million shares.
RNRL is up by nearly 3.25% at Rs 141.50. The RNRL counter on the National Stock Exchange has clocked a volume of over 40 million shares today.
Source : www.sify.com
The Sensex, which had slipped to a low of 17,900.96 earlier this afternoon, has recovered to 18,016.25 now, cutting down its loss to around 0.55% or 99 points. The Nifty is down with a loss of 0.7% or 37.15 points at 5265.75. Earlier, following a strong bout of selling this afternoon, the Nifty has tumbled to 5224.
The market breadth, thanks to good buying interest in several midcap and smallcap stocks, remains fairly positive. On BSE, advances outscore declines by nearly 2 to 1 at present.
Nalco, the biggest gainer among Nifty stocks, is up by over 7% at Rs 388.70. Siemens, which touched a high of Rs 1637 earlier in the day, has eased to Rs 1612, but still holds on in the positive territory with a sharp gain of 3.1%.
Cairn India, Mahindra & Mahindra, GAIL India, Hindustan Unilever and ICICI Bank are up by 1% - 2%. Bajaj Auto, Tata Power, Hindalco and ITC are also up with notable gains.
Sterlite Industries, Idea Cellular, Suzlon Energy, Unitech, Tata Motors, BHEL, Tata Communications, Tata Consultancy Services, State Bank of India, Hero Honda, Wipro, ONGC, Satyam Computer Services, Reliance Industries, Grasim Industries, Dr. Reddy's Laboratories, HDFC, HCL Technologies, Infosys Technologies and Maruti Suzuki have lost 1% - 2%.
Reliance Power, which is up with a sharp gain of 7.9% at Rs 414.75, rules the turnover chart today. On the National Stock Exchange, the Reliance Power counter has clocked a turnover of over Rs 680 crore on a volume of around 16.21 million shares.
RNRL is up by nearly 3.25% at Rs 141.50. The RNRL counter on the National Stock Exchange has clocked a volume of over 40 million shares today.
Source : www.sify.com
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