The stock markets remained choppy today and are swinging around the unchanged mark. The FMCG, IT, Tech and Pharma stocks continued o remain under pressure. The Oil & Gas inex outperformed the benchmark indices as it is now trading with a gain of more than 2%. The broader market indices are however witnessing the buying momentum as both the BSE Mid Cap and the small Cap indices are now trading higher.
The overall market breadth is positive as 1409 stocks are advancing while 1179 stocks are declining in BSE.
ONGC reported the top gainer from the BSE Sensex pack, as it is trading up by (4.73%) at Rs.1,219.50 while Jai Prakash associate reported the top loser trading down by (2.90%) at Rs. 217.80.
At 2.31PM the BSE Sensex is trading lower by 71.44 points at 15,447.05 and the NSE Nifty is trading lower by 16.45 points at 4,588.55.
The BSE Mid Cap increased by 4.53 points to 5,613.42 and the BSE Small Cap grew by 49.56 points to 6,436.61.
The FMCG index is trading with losses of 44.48 points or 1.72% at 2,540.80. Losers from this pack are HUL trading lower by 3.04% at Rs. 255.30 along with ITC by 2.45% at Rs. 233.10, United Spirits by 1.41% at Rs. 896.05, Ruchi Soya by 1.21% at Rs. 73.70 and Colgate Palmolive by 0.65% at Rs. 602.
The Oil and Gas index is trading gains of 193.92 points or 2% at 9,895.53. Gainers from this pack are ONGC trading higher by 5.12% at Rs. 1224, HPCL by 3.42% at Rs. 366.10, Gail India by 3.32% at Rs. 342.50, IOCL by 3.13% at Rs. 567.25, RNRL by 2.47% at Rs. 82.85, Cairn India by 2.20% at Rs. 246.60 and BPCL by 2.17% at Rs. 522.90.
The most active shares on NSE are IFCI trading at Rs. 52.75 with a total traded quantity of 40559417 shares followed by Unitech trading at Rs. 93.60 with a total traded quantity of 31578630 shares.
Punjab National Bank is trading lower by 0.86% at Rs. 696. The bank has slashed home and car loan rates by 50 basis points where the bank has launched ''''PNB Festival Season Bonanza Offer 2009'''' that offers attractive rates to people during the festival season. However, PNB''''s campaign is said to come a week after SBI''''s three-month-long home loan campaign, offering loans at 8%.
On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC 40 index are trading up by (0.46%), (0.47%) and (0.60%) respectively.
The overall market breadth is positive as 1409 stocks are advancing while 1179 stocks are declining in BSE.
ONGC reported the top gainer from the BSE Sensex pack, as it is trading up by (4.73%) at Rs.1,219.50 while Jai Prakash associate reported the top loser trading down by (2.90%) at Rs. 217.80.
At 2.31PM the BSE Sensex is trading lower by 71.44 points at 15,447.05 and the NSE Nifty is trading lower by 16.45 points at 4,588.55.
The BSE Mid Cap increased by 4.53 points to 5,613.42 and the BSE Small Cap grew by 49.56 points to 6,436.61.
The FMCG index is trading with losses of 44.48 points or 1.72% at 2,540.80. Losers from this pack are HUL trading lower by 3.04% at Rs. 255.30 along with ITC by 2.45% at Rs. 233.10, United Spirits by 1.41% at Rs. 896.05, Ruchi Soya by 1.21% at Rs. 73.70 and Colgate Palmolive by 0.65% at Rs. 602.
The Oil and Gas index is trading gains of 193.92 points or 2% at 9,895.53. Gainers from this pack are ONGC trading higher by 5.12% at Rs. 1224, HPCL by 3.42% at Rs. 366.10, Gail India by 3.32% at Rs. 342.50, IOCL by 3.13% at Rs. 567.25, RNRL by 2.47% at Rs. 82.85, Cairn India by 2.20% at Rs. 246.60 and BPCL by 2.17% at Rs. 522.90.
The most active shares on NSE are IFCI trading at Rs. 52.75 with a total traded quantity of 40559417 shares followed by Unitech trading at Rs. 93.60 with a total traded quantity of 31578630 shares.
Punjab National Bank is trading lower by 0.86% at Rs. 696. The bank has slashed home and car loan rates by 50 basis points where the bank has launched ''''PNB Festival Season Bonanza Offer 2009'''' that offers attractive rates to people during the festival season. However, PNB''''s campaign is said to come a week after SBI''''s three-month-long home loan campaign, offering loans at 8%.
On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC 40 index are trading up by (0.46%), (0.47%) and (0.60%) respectively.
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