In the early business, the domestic markets are seeing business with slowdown. Sensex and Nifty movements are flat. The Nifty is around 9615, while the Sensex is close to 31225. Mid-pipe and smallcap stocks are looking for a little bit. BSE’s mid-cap index has increased by 0.25 percent, while the mid-cap 100 Index of Nifty has also gained 0.25 percent. BSE’s smallcap index jumped 0.5 percent.
Banking, auto, pharma, capital goods, oil and gas and power shares are looking to buy. Bank Nifty looks up 0.2 percent to 23,261 levels. However, IT and consumer durables stocks have been sold.At present, BSE’s 30-share index Sensex is trading 12 points higher at 31,222 levels. At the same time, NSE’s 50-share index Nifty is trading 3 points higher at 9,616 level.
Meanwhile, Sun Pharma, Reliance Industries, Mahindra & Mahindra, Tata Power, Asian Paints and Tata Motors DVR have risen 1.4-0.75 per cent in the gains in the market. However, Infosys, Bharti Airtel, HDFC, GAIL, HUL and ITC have fallen 1.2-0.3 per cent in giants.Videocon, Jaiprakash Associates, Torrent Pharma and United Breweries in the mid-cap stocks have risen 4.8-1.8 per cent. In smallcap stocks, NRB Bearings, Texmaco Rail, Texmaco Infra, Rico Auto and Venkiz have been strong at 16.5-7.5 per cent.