The Indian stock markets opened flat today after a sharp sell off in the previous session. However the markets are witnessing a little bit of volatility in the early trade. The Realty, Capital Goods and Consumer Durables stocks edged higher in the opening trade. While, the Pharma and IT stocks are trading with modest losses. The broader market indices also trading with modest gain as both the BSE Mid Cap and the BSE Small Cap index are now trading with a gain of around 0.5% each.
The BSE Sensex is now trading near the 15800 mark and the NSE Nifty above the 4400 mark in the early trade.
At 10.32 IST, the BSE Sensex is trading marginally up by 12.13 points or (0.08%) at 14,797.05 and the NSE Nifty is trading marginally higher by 4.85 points or (0.11%) at 4,392.75.
The BSE Mid Cap is trading higher by 28.56 points at 5,414.07 and the BSE Small Cap grew by 29.06 points or (0.47%) to 6,240.77.
HUL reported the top gainer from the BSE Sensex pack, as it is trading up by (1.52%) at Rs.253.25 while Tata Motors reported the top loser trading down by (2.44%) at Rs. 425.
The Overall market breadth is negative as 870 stocks are advancing while 794 stocks are declining and the 54 stocks remained unchanged on BSE.
The US stocks markets closed lower on Monday, marking the worst single-session percentage loss in six weeks due to huge selling pressure. Profit booking also prevailed, as slower-than-expected economic growth in Japan prompted a global sell-off on worries that an economic rebound may be further off than previously considered. Investors were not exciting by the news that the empire state manufacturing index moved into positive territory, signaling growth for the first time since April 2008. The Dow Jones Industrial Average (DJIA) ended down by 186.06 points at 9,135.34, NASDAQ index declined by 54.68 points to 1,930.84 and the S&P 500 (SPX) closed lower by 24.36 points at 979.73.
Asian markets were trading down today as the Hang Seng, Nikkei 225, Straits Times and Seoul Composite index are trading lower by (0.31%), (0.54%), (0.02%) and (0.79%) respectively.
BSE Realty index advanced by 62.05 points or (1.69%) at 3,724.75. The top gainers are Phoenix Mil grew by (4.12%) to Rs.130, Penland inclined by (2.90%) to Rs.78, Ansal Infra grew by (1.86%) to Rs. 60.35 followed by Mahindra Life increased by (1.67%) to Rs.303.90.
BSE IT index fell by 22.95 points or (0.59%) at 3,844.90. The top losers are Patni Computer fell by (2.77%) to Rs.384.30, TCS declined by (1.12%) to Rs.505, Financial Technologies decreased by (0.65%) to Rs.1,454.30 followed by Infosys Technologies down by (0.50%) to Rs.1,973.15.
HDFC, the leading mortgage lender has started its Rs 4,300 crore immediate fund raising exercise. The amount to be raised from the issue of NCDs would be about Rs 4,000 crore. Further the company is issuing 1.1 crore warrants, each convertible into one equity share of the company within three years, at a price of Rs 3,000. The stock is now trading marginally lower by (0.75%) at Rs. 2,233.
The BSE Sensex is now trading near the 15800 mark and the NSE Nifty above the 4400 mark in the early trade.
At 10.32 IST, the BSE Sensex is trading marginally up by 12.13 points or (0.08%) at 14,797.05 and the NSE Nifty is trading marginally higher by 4.85 points or (0.11%) at 4,392.75.
The BSE Mid Cap is trading higher by 28.56 points at 5,414.07 and the BSE Small Cap grew by 29.06 points or (0.47%) to 6,240.77.
HUL reported the top gainer from the BSE Sensex pack, as it is trading up by (1.52%) at Rs.253.25 while Tata Motors reported the top loser trading down by (2.44%) at Rs. 425.
The Overall market breadth is negative as 870 stocks are advancing while 794 stocks are declining and the 54 stocks remained unchanged on BSE.
The US stocks markets closed lower on Monday, marking the worst single-session percentage loss in six weeks due to huge selling pressure. Profit booking also prevailed, as slower-than-expected economic growth in Japan prompted a global sell-off on worries that an economic rebound may be further off than previously considered. Investors were not exciting by the news that the empire state manufacturing index moved into positive territory, signaling growth for the first time since April 2008. The Dow Jones Industrial Average (DJIA) ended down by 186.06 points at 9,135.34, NASDAQ index declined by 54.68 points to 1,930.84 and the S&P 500 (SPX) closed lower by 24.36 points at 979.73.
Asian markets were trading down today as the Hang Seng, Nikkei 225, Straits Times and Seoul Composite index are trading lower by (0.31%), (0.54%), (0.02%) and (0.79%) respectively.
BSE Realty index advanced by 62.05 points or (1.69%) at 3,724.75. The top gainers are Phoenix Mil grew by (4.12%) to Rs.130, Penland inclined by (2.90%) to Rs.78, Ansal Infra grew by (1.86%) to Rs. 60.35 followed by Mahindra Life increased by (1.67%) to Rs.303.90.
BSE IT index fell by 22.95 points or (0.59%) at 3,844.90. The top losers are Patni Computer fell by (2.77%) to Rs.384.30, TCS declined by (1.12%) to Rs.505, Financial Technologies decreased by (0.65%) to Rs.1,454.30 followed by Infosys Technologies down by (0.50%) to Rs.1,973.15.
HDFC, the leading mortgage lender has started its Rs 4,300 crore immediate fund raising exercise. The amount to be raised from the issue of NCDs would be about Rs 4,000 crore. Further the company is issuing 1.1 crore warrants, each convertible into one equity share of the company within three years, at a price of Rs 3,000. The stock is now trading marginally lower by (0.75%) at Rs. 2,233.
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