The market has started with weakness. In the initial trading, there is a decline of about 0.5% in the Sensex and Nifty. The Nifty fell to 10,720 while the Sensex lost 150 points.
Mid-caps and smallcap stocks are also being sold. BSE's mid-caps index dropped by 0.4 percent, while the Nifty mid-cap index 100 was down 0.4%. BSE's smallcap index has rolled 0.4%.
Selling is seen in banking, auto, financial services, realty, power and oil and gas stocks. Bank Nifty has dropped by 0.7% to below 26,350. However, IT and pharma stocks are showing a buy.
Power grid, BPCL, HPCL, Hindalco, ICICI Bank, IndusInd Bank, Yes Bank and Reliance Industries have fallen 2.1-0.9% during the trade in the market. However, in the giants, Tech Mahindra, Cipla, Dr Reddy's, HCL Tech, Sun Pharma, Coal India, Tata Motors and TCS have climbed 2.2-0.8%.
Torrent Power, NLC India, JSW Energy and Castrol have rolled 3.3-1.6% in mid-caps. However, in mid-cap stocks, Vikrami, Torrent Pharma, Amphassis, Oracle Financial Services and Emami have risen 5-1.25%.
Smallcap stocks are Arrow Greentech, Manufacturing Goodways, JBF Industries, Quality and Supreme Infra broken up to 5-4.7%. However, Usha Martin, Caplin Labs, Modern Industries and Bhansali Engineering in Smallcap Shares have been strengthening by 10.4-5%.
For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/
Mid-caps and smallcap stocks are also being sold. BSE's mid-caps index dropped by 0.4 percent, while the Nifty mid-cap index 100 was down 0.4%. BSE's smallcap index has rolled 0.4%.
Selling is seen in banking, auto, financial services, realty, power and oil and gas stocks. Bank Nifty has dropped by 0.7% to below 26,350. However, IT and pharma stocks are showing a buy.
Power grid, BPCL, HPCL, Hindalco, ICICI Bank, IndusInd Bank, Yes Bank and Reliance Industries have fallen 2.1-0.9% during the trade in the market. However, in the giants, Tech Mahindra, Cipla, Dr Reddy's, HCL Tech, Sun Pharma, Coal India, Tata Motors and TCS have climbed 2.2-0.8%.
Torrent Power, NLC India, JSW Energy and Castrol have rolled 3.3-1.6% in mid-caps. However, in mid-cap stocks, Vikrami, Torrent Pharma, Amphassis, Oracle Financial Services and Emami have risen 5-1.25%.
Smallcap stocks are Arrow Greentech, Manufacturing Goodways, JBF Industries, Quality and Supreme Infra broken up to 5-4.7%. However, Usha Martin, Caplin Labs, Modern Industries and Bhansali Engineering in Smallcap Shares have been strengthening by 10.4-5%.
For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/
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