The indian stock markets today opened sharply lower tracking weak global markets. The selling pressure witnessed across the board. The Realty, Metal, Auto and Banking stocks are fronting the decline in the opening trade. The broader market indices also remained out of favor in the early trade as the BSE Mid Cap is now trading with a cut of more than 1% each and the BSE Small Cap with a loss of more than 0.5%.
The BSE Sensex is now trading below the 15100 mark and the NSE Nifty below the 4500 mark in the early trade.
At 10.32 IST, the BSE Sensex is trading down by 318.37 points or (2.07%) at 15,093.26 and the NSE Nifty is trading lower by 95.65 points or (2.09%) at 4,484.40.
The BSE Mid Cap is trading lower by 73.24 points at 5,530.57 and the BSE Small Cap fell by 40.91 points or (0.64%) to 6,371.65.
NTPC reported the top gainer from the BSE Sensex pack, as it is trading up by (0.15%) at Rs.206.50 while Hero Honda reported the top loser trading down by (4.58%) at Rs. 1,410.50.
The Overall market breadth is negative as 586 stocks are advancing while 1134 stocks are declining and the 45 stocks remained unchanged on BSE.
The US stocks markets closed lower on Friday, backed by the August consumer sentiment survey. A disappointing report on consumer sentiment sent the benchmark indices in the red but they however managed to close off the day’s low. The report revealed that sentiment unpredictably declined to 63.2, the lowest level since March. However, consumer prices were flat in July from June and Industrial production increases for the first time in July this year. The Dow Jones Industrial Average (DJIA) ended down by 76.79 points at 9,321.40, NASDAQ index declined by 23.83 points to 1,985.82 and the S&P 500 (SPX) closed lower by 8.64 points at 1,004.09.
Asian markets were trading down today as the Hang Seng, Nikkei 225, Straits Times and Seoul Composite index are trading lower by (2.64%), (2.69%), (1.82%) and (1.95%) respectively. Japan''s economy made a sharp turnaround in the second quarter (April-June) as it expanded at an annual pace of 3.7% on a strong rebound in exports. Exports grew 6.3% from the previous quarter, the highest growth since the second quarter of 2002.
BSE Realty index dropped by 119.59 points or (3.02%) at 3,843.47. The top losers are Orbit Co fell by (4.68%) to Rs.180.25, Unitech declined by (3.98%) to Rs.89.15, Parsavnath fell by (3.97%) to Rs. 115 followed by India Bull Real decreased by (3.47%) to Rs.228.35.
BSE Metal index dropped by 327.38 points or (2.57%) at 12,393.46. The top losers are Sterlite Industries fell by (3.86%) to Rs.636.80, Gujarat NRE declined by (3.67%) to Rs.52.55, Hindalco Industries decreased by (3.65%) to Rs.104.25 followed by Jai Corp down by (3.49%) to Rs.211.30.
The BSE Sensex is now trading below the 15100 mark and the NSE Nifty below the 4500 mark in the early trade.
At 10.32 IST, the BSE Sensex is trading down by 318.37 points or (2.07%) at 15,093.26 and the NSE Nifty is trading lower by 95.65 points or (2.09%) at 4,484.40.
The BSE Mid Cap is trading lower by 73.24 points at 5,530.57 and the BSE Small Cap fell by 40.91 points or (0.64%) to 6,371.65.
NTPC reported the top gainer from the BSE Sensex pack, as it is trading up by (0.15%) at Rs.206.50 while Hero Honda reported the top loser trading down by (4.58%) at Rs. 1,410.50.
The Overall market breadth is negative as 586 stocks are advancing while 1134 stocks are declining and the 45 stocks remained unchanged on BSE.
The US stocks markets closed lower on Friday, backed by the August consumer sentiment survey. A disappointing report on consumer sentiment sent the benchmark indices in the red but they however managed to close off the day’s low. The report revealed that sentiment unpredictably declined to 63.2, the lowest level since March. However, consumer prices were flat in July from June and Industrial production increases for the first time in July this year. The Dow Jones Industrial Average (DJIA) ended down by 76.79 points at 9,321.40, NASDAQ index declined by 23.83 points to 1,985.82 and the S&P 500 (SPX) closed lower by 8.64 points at 1,004.09.
Asian markets were trading down today as the Hang Seng, Nikkei 225, Straits Times and Seoul Composite index are trading lower by (2.64%), (2.69%), (1.82%) and (1.95%) respectively. Japan''s economy made a sharp turnaround in the second quarter (April-June) as it expanded at an annual pace of 3.7% on a strong rebound in exports. Exports grew 6.3% from the previous quarter, the highest growth since the second quarter of 2002.
BSE Realty index dropped by 119.59 points or (3.02%) at 3,843.47. The top losers are Orbit Co fell by (4.68%) to Rs.180.25, Unitech declined by (3.98%) to Rs.89.15, Parsavnath fell by (3.97%) to Rs. 115 followed by India Bull Real decreased by (3.47%) to Rs.228.35.
BSE Metal index dropped by 327.38 points or (2.57%) at 12,393.46. The top losers are Sterlite Industries fell by (3.86%) to Rs.636.80, Gujarat NRE declined by (3.67%) to Rs.52.55, Hindalco Industries decreased by (3.65%) to Rs.104.25 followed by Jai Corp down by (3.49%) to Rs.211.30.
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