Share Market Tips
MVL Ltd. rose by 0.17% to Rs 28.80 after the reports that the company has finalized to raise about USD 100 mn through foreign currency convertible bonds, global depositary receipts or American depositary receipts.
At present, the market breadth indicating the overall health is negative with 587 stock advancing, 2,021 share declining and 98 stock are left unchanged. Further, the overall market breadth is negative as 12 out of the 13 sectoral indices are trading lower.
Losers from the Sensex Pack till now are ONGC (3.84%), M&M (3.82%), Jaiprakash Asso (2.98%), Tata Steel (2.81%) and HDFC Bank (2.36%).
The BSE Realty index was at 2,180.87 down by 55.08 points or by (2.46%). The main losers were Unitech (4.73%), Sobha Dev (4.38%), Sunteck Realty (4.11%) and Indiabulls Real Estate (4.09%).
At present, the market breadth indicating the overall health is negative with 587 stock advancing, 2,021 share declining and 98 stock are left unchanged. Further, the overall market breadth is negative as 12 out of the 13 sectoral indices are trading lower.
Losers from the Sensex Pack till now are ONGC (3.84%), M&M (3.82%), Jaiprakash Asso (2.98%), Tata Steel (2.81%) and HDFC Bank (2.36%).
The BSE Realty index was at 2,180.87 down by 55.08 points or by (2.46%). The main losers were Unitech (4.73%), Sobha Dev (4.38%), Sunteck Realty (4.11%) and Indiabulls Real Estate (4.09%).
European markets, which opened after the Indian market were trading on a mixed note. Key benchmark indices like – CAC 40 was trading higher by 0.08% at 4,094.18 and in Frankfurt, DAX index was trading up by 0.21% at 7,299.08. On the flipside, the FTSE 100 declined by 0.13% at 6,043.28.
The BSE CD index was at 5,604.82 down by 222.11 points or by (3.81%). The main losers were VIP Inds (7.15%), Titan Inds (6.02%), Gitanjali Gems (2.36%), Videocon Inds (2.16%) and Blue Star (1.37%).
The BSE Realty was at 2,167.13 down by 68.82 points or by (3.08%). The main losers were Unitech (7.09%), Sobha Dev (4.99%), Indiabulls Real Est (4.39%) and Orbit Corp (3.86%).
On the corporate front, shares of Gujarat Apollo Industries Ltd plunged 6.33% to Rs 144.90 following reports that net profit of the company slumped 42.2% to Rs 5.13 crore in Q3 Dec’10 on y-o-y basis.
The BSE CD index was at 5,604.82 down by 222.11 points or by (3.81%). The main losers were VIP Inds (7.15%), Titan Inds (6.02%), Gitanjali Gems (2.36%), Videocon Inds (2.16%) and Blue Star (1.37%).
The BSE Realty was at 2,167.13 down by 68.82 points or by (3.08%). The main losers were Unitech (7.09%), Sobha Dev (4.99%), Indiabulls Real Est (4.39%) and Orbit Corp (3.86%).
On the corporate front, shares of Gujarat Apollo Industries Ltd plunged 6.33% to Rs 144.90 following reports that net profit of the company slumped 42.2% to Rs 5.13 crore in Q3 Dec’10 on y-o-y basis.
The BSE CD index was at 5,690.27 down by 136.66 points or by (2.35%). The main losers were Whirlpool (4.65%), Videocon Inds (3.49%), VIP Inds(3.17%), Titan Inds (2.79%) and Blue Star (2.62%).
The leading Asian bourses are negative as Hang Seng, Taiwan Weighted and Strait Times are trading lower by 109.49, 33.89 and 8.53 points respectively.