Mkts slip in red on profit booking at higher levels

The markets have given up all of its gains on account of profit booking witnessed on the higher levels. All the BSE indices have slipped in red except capital goods index.

At 10.20 hrs IST, the Sensex is down 65.22 points or 0.33% at 19912.45, and the Nifty down 39.80 points or 0.67% at 5866.10. About 1459 shares have advanced, 1508 shares declined, and 91 shares are unchanged.

Market breadth was still positive on NSE with over 500 stock on the advancing side and nearly 450 stocks on the downs side. Rupee was quoting at 39.41 against US dollar.

Top gainers on the Sensex are BHEL at Rs 2,730 up 4.51%, Reliance Energy at Rs 1,780 up 3.38% and Larsen at Rs 4,401.05 up 2.89%.

Top losers on the Sensex are Mah and Mah at Rs 765.05 down 3.93%, Maruti Suzuki at Rs 1,165 down 1.97% and HUL at Rs 216.30 down 1.57%.

Most active shares on NSE are Reliance at Rs 2,827.90 with 4,509,526 shares, Reliance Petro at Rs 221.80 with 55,195,925 shares and Larsen & toubro at Rs 4,267.75 with 2,738,438 shares.

Markets open strong; cap good, banks up

The markets have opened on strong note today on account of heavy buying witnessed in the capital goods and banking stocks. Sensex opened way above 20,000 today and Nifty also inched up towards 60,00 level.

At 9:56 am, Sensex was up 260 points at 20103 and Nifty was up 60 points at 5966. Major gainers in the early trade were Rel Petroleum, ICICI Bank, HDFC bank, L&T, BHEL, Bharti Airtel, ONGC and Siemens.

Asian markets mostly declined today as investors locked in profits after a recent rally. Japan's Nikkei fell 0.70% or 117.44 points at 16,580.64, Taiwan's Taiwan Weighted was down 0.06% or 6.12 points at 9,803.76., Singapore's Straits Times plunged 0.36% or 13.78 points at 3,806, South Korea's Seoul Composite declined 0.46% or 9.47 points at 2,053.45. However, Hong Kong's Hang Seng rose 0.36% or 114.36 points at 31,701.26.

US markets: The Dow Jones Industrial Average gained 63.56 points, or 0.46%, to 13,870.26. The Standard & Poor's 500 index rose 5.70 points, or 0.37%, to 1,540.98, while the Nasdaq composite index gained 13.25 points, or 0.47%, to 2,817.44.

Market cues:

* RBI to announce monetary policy today

* NSE F&O Open Interest up by Rs 3,555 crore at Rs 78,154 crore

F&O cues:

* Futures Open Interest up by Rs 2,017 crore, Options Open Interest up by Rs 1538 crore

* Nifty Futures shed 2.8 lakh shares in OI; at 18-point premium

* Nifty Open Int Put-Call ratio at 1.20 Vs 1.16

* Nifty Puts add 10.9 lakh shares in Open Interest

* Nifty Calls add 6.9 lakh shares in Open Interest

* Nifty 5900 Put adds 5.12 lakh shares in Open Interest

* Nifty 5800 Put adds 3 lakh shares in Open Interest

* Nifty 5900 Call adds 5.2 lakh shares in Open Interest