Wednesday, February 13, 2008

Stock Market off the day’s high.

The market is trading choppy. The large cap stocks managed to trade higher from the opening trade while the significant selling witnessed in the Mid Cap and Small Cap stocks. The Realty, Metal Capital Goods and Oil & gas stocks are the top performers today.The overall market breadth remains negative, as 662 stocks are advancing whereas 1,991 stocks that are declining.

Tata Steel reported the top gainer from the BSE Sensex pack. It is trading higher by (5.41%) at Rs.748.85 while Reliance Communication the top loser trading down by (3.51%) at Rs.555.50.

At 2.31PM BSE Sensex is at 16,850.54 up by 242.53 points and Nifty is at 4,894.80 up by 56.55 points. The BSE Mid Cap is lower by 15.96 points to 7,042.42 and the Small Cap slipped by 152.53 points to 9,021.15.

The BSE Realty index is the top performer today. It is trading with a gain of 475.60 points at 9,518.44. The main gainers are Unitech Ltd up by (17.61%) at Rs.364, Purvankara increased by (2.63%) at Rs.304 followed by DLF and Parsavnath advanced by (2.16%) and (2.06%) to Rs.810 and Rs.262 respectively.

The most active shares on NSE are Reliance trading at Rs.2,385 with a total traded quantity of 3849170 shares followed by Jay Prakash Associates trading at Rs.262.75 with a total traded quantity of 30747027 shares.

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