Sensex ends below 12k, Nifty came down 3,700 mark

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Bombay Stock Exchange
Mumbai, May 6: The Sensex slipped below 12, 000 mark; and the Nifty climbed down the 3700 mark.

The 50-share NSE Nifty shut shop at 3625.05, down 1.01 per cent or 36.85 points. The 30-share BSE Sensex closed 178.33 points or 1.47 per cent lower at 11,952.75. The benchamark indices saw selling pressure in the second half of the session.

BSE Midcap Index declined 43.03 points or 1.16 per cent to 3,675.84 and Smallcap Index fell 9.57 points or 0.23 per cent, to end at 4,153.01. Broader indices saw selling pressure

Selling pressure was see in shares of financials, technology, auto, capital goods, FMCG, metal, oil marketing and realty companies.

BSE Realty Index slipped 3.74 per cent; bank, metal and FMCG indices were down 2 to 3 per cent, and Capital Goods, IT and Auto indices fell 0.8 to 1.5 per cent in sectoral front.
4:30 PM

Nifty tests 3700 mark, FMGC stocks trading weak
At 1:42 PM, the Sensex was up 106.54 points or 0.88% at 12237.62, and the Nifty was up 46.40 points or 1.27% at 3708.30. The markets were trading with good gains amid volatility. The BSE midcap and smallcap indices were up 1.69 per cent and 2.37 per cent respectively.

Oil & gas, capital goods, power, metal and pharma stocks saw buying while FMGC stocks were trading weak. Stocks like Reliance, Infosys, L&T, Bharti Airtel and SBI were the contributors.

Havells India and Tulip Telecom were up 23 to 25 per cent while HBL Power, Kanoria Chemical, VTM, Geodesic, Kesoram and Info Edge gained 15 to 20per cent in the non-index stocks.

On the Sensex Hindalco, Reliance Comm, ONGC, Reliance were the gainers while TCS, ITC and M&M were loosing

The markets breadth was positive. About 1970 shares advanced, 1006 shares declined, and 136 shares were unchanged.
2:33 PM

Mkts trade hushed, ONGC, Reliance gain
At 11:36 AM The Sensex was trading at 12,126, down 4.5 points while the Nifty (ONGC and RIL have more weightage) rose 13 points, to 3,675. BSE Midcap Index was up 1.1 per cent and Smallcap Index gained 1.8 per cent. Both equity benchmarks were still around the previous closing values.

Telecom, cement and power stocks were trading positive along with ONGC and Reliance Industries. Selling was seen in technology, FMCG, financials (barring SBI) and select metal stocks.

Going up by 1 to 4 per cent, Hindalco, Reliance Communication, ONGC, Ranbaxy Labs, Tata Power, Siemens, Reliance Power, Suzlon Energy, PNB and ABB proved to be top gainers.

Losing 1, 5 to 3 per cent ICICI Bank, Sterlite, TCS, Tata Steel, Tata Motors, Axis Bank and Cipla became the top losers.

Among the midcap stocks United Breweries, Godrej Industries, GMDC, Biocon and Bharat Forge gained 6 to 11 per cent. Geodesic, Graphite India, Genus Power, HBL Power and Aptech went up 10 to 16.5 per cent in small cap space.
12:22 PM

Mrkts open flat; CNX Midcap up by 0.45pc
At 9:58 AM, the Sensex was trading at 12,082, down 48 points and the Nifty fell just 7 points, to 3,654. The CNX Midcap went up 0.45 per cent, to 4,069. The markets started the day on a flat note.

The losers were Sterlite, HCL Technologies, Cipla, Infosys, BPCL, ICICI Bank, HDFC Bank, TCS, Reliance Industries and Bharti while Unitech, Suzlon, Reliance Capital, Reliance Power, Tata Communication and Ambuja Cements gained.

In tne midcap and smallcap arena, Dhampur Sugar, Balrampur Chini, Bajaj Hindusthan, HCC, JP Hydro, Core Projects, Escorts, Indian Hotels, RSWM, Blue Bird, Prism Cement, Nagarjuna Fertilisers and Gujarat Sidhee Cement rose 2 to 7 per cent.
10:15 AM

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