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1-min read

Market opens volatile; capital goods, realty up

The BSE midcap and smallcap indices are up 1.15% and 0.56% respectively.

News18test sharma |

Updated:May 5, 2008, 10:49 AM IST
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Market opens volatile; capital goods, realty up
The BSE midcap and smallcap indices are up 1.15% and 0.56% respectively.

Mumbai: Markets are trading choppy. The BSE realty index has outperformed the other sectoral indices; it was up over 2% at 8926. Capital goods, power, banking sectors are also trading in green. However, auto, oil & gas indices stocks are witnessing selling interest.

The BSE midcap and smallcap indices are up 1.15% and 0.56% respectively.

At 10.35 am, the Sensex is up 15.51 points or 0.09% at 17615.63, and the Nifty down 3.00 points or 0.06% at 5225.20.

About 1702 shares have advanced, 1164 shares declined, and 217 shares are unchanged.

The markets opened strong, but gave up its opening gain and is now trading volatile. Buying interest is seen in capital goods and realty indices. However, IT, FMCG, oil and gas stocks are witnessing selling pressure.

At 9.56 am, the Sensex was up 18 points at 17618, and the Nifty was up 2 points at 5230.

Maruti Suzuki, ICICI Bank, L&T, DLF are among major gainers.

Asian Markets:

Asian markets were trading mixed. Hong Kong's Hang Seng was up 0.08% or 21.72 points at 26,262.74. Singapore's Straits Times rose 0.64% or 20.78 points at 3,256.88. However ,Taiwan's Taiwan Weighted fell 0.84% or 75.39 points at 8,888.24.

US Markets:

The Dow Jones industrial average rose almost 48.20 points, half a percent to 13,058.2. The Nasdaq composite index decreased 3.72 or 0.2%, to 2,476.99. The S&P 500 marginally up at 1,413.9.

Market cues:

FIIs net sell USD 21 million in equity on Apr 30

NSE F&O Open Int up by Rs 3511 crore at Rs 66,686 crore

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