The Indian equity markets pared most of its gains and are currently trading moderately down amid volatility of buying and selling in several blue chip stocks. On sectoral front stocks from realty and automobile sectors are on sellers' radar while consumer durables, information technology, oil and healthcare stocks are showing reasonably good support. NTPC among the top gainers as it signed a MOU with Government of Kerala to plan and develop around 200mw wind energy based power projects in Kerala. On the global front, markets might be waiting for clarity on European debt crisis and concerns of likely US debt while Asian markets were mostly trading in red. Back home, the market breadth continues to be positive; there were 1,363 shares on the gaining side against 1,095 shares on the losing side while 129 shares remained unchanged.
The BSE Sensex is currently trading at 18,491.95, down by 15.09 points or 0.08%. The index has touched a high and low of 18,577.77 and 18,481.83. There were 14 stocks advancing against 16 declining on the index.
The top gainers on the Sensex were NTPC up by 0.91%, Sterlite Industries up by 0.89%, TCS up by 0.81%, Infosys up by 0.57% and Bharti Airtel up by 0.47%.
On the flip side, Tata Motors down by 3.08%, DLF down by 1.38%, Hero Honda down by 1.13%, JP Associate down by 0.97% and Maruti Suzuki down by 0.95% were the top losers on the Sensex.
Meanwhile, the imports of sensitive items for the last financial year increased by 7.8% to Rs 70,656 crore from Rs 65,565 crore during the 2009-10. During the 2010-11, the gross import of all commodities increased by 17.1% over 2009-10. The other items like milk and milk products, food grains and rubber saw the surge in imports, it increased by 162.2%, 113.8% and 82.7% respectively during the last financial year.
The commerce and industry ministry said the gross import of all commodities during same period of current year was Rs 1596869 crores as compared to Rs 1363736 crores during the same period of last year. Thus, import of sensitive items constitutes 4.8% and 4.4% of the gross imports during last year and current year respectively.
The import of items like pulses, cotton and silk, spices and tea and coffee register decline in import at broad group level, however items like edible oil, automobiles, fruits and vegetables (including nuts), rubber, products of SSI, milk and milk products, alcoholic beverages, marble and granite and food grains saw the increase in imports for the 2010-11.
As per the official statement, during the last financial year edible oil increased to Rs 29,319.1 crore from Rs 25,975.3 crore in the 2009-10. A significant feature of edible oil import is that import of crude oil has gone up by 15.8% and that of refined oil have gone down by 2.5%. The increase in edible oil import is mainly due to substantial increase in import of crude palm oil and its fractions, the commerce ministry said.
Import of sensitive items has increased from countries like Indonesia, China P RP, Argentina, Malaysia, Korea RP, Germany, Ukraine, Thailand, Tanzania REP, Australia, United Kingdom, Cote D' Ivoire, Vietnam SOC REP etc. whereas imports of sensitive items has reduced from countries such as US, Myanmar, Brazil, Japan, Canada, Czech Republic etc.
The S&P CNX Nifty is currently trading at 5564.30, lower by 2.75 points or 0.05%. The index has touched a high and low of 5,586.20 and 5,557.20 respectively. There were 22 stocks advancing against 28 declines on the index.
The top gainers of the Nifty were Sterlite up by 1.13%, Sun Pharma up by 1.12%, NTPC up by 1.05%, TCS up by 0.78% and Kotak Bank up by 0.74%.
On the flip side, Tata Motors down by 1.77%, DLF down by 1.23%, Hero Honda down by 1.13%, IDFC down by 1.13% and Maruti Suzuki down by 1.10% were the major losers on the index.
Most of the Asian equity indices were trading in red; Shanghai Composite declined 0.77%, Hang Seng slid 0.73%, Jakarta Composite lost 0.58%, KLSE Composite skid 0.44%, Nikkei 225 dropped 0.77%, Straits Times down by 0.11% and Taiwan Weighted down 0.16%
On the flip side, Seoul Composite gained 0.14% was the lone gainer among the Asian pack
The BSE Sensex is currently trading at 18,491.95, down by 15.09 points or 0.08%. The index has touched a high and low of 18,577.77 and 18,481.83. There were 14 stocks advancing against 16 declining on the index.
The broader indices kept outperforming their larger counterparts; the BSE Mid cap and Small cap indices were up by 0.18% and 0.46% respectively.
The top gaining sectoral indices on the BSE were, CD up by 1.10%, IT up by 0.45%, TECk up by 0.39%, HC up by 0.29% and Oil and Gas up by 0.14%. While, Realty down by 1.25%, Auto down by 0.98%, CG down by 0.18%, Power down by 0.13% and Metal down by 0.04% were the top losers on the index. The top gainers on the Sensex were NTPC up by 0.91%, Sterlite Industries up by 0.89%, TCS up by 0.81%, Infosys up by 0.57% and Bharti Airtel up by 0.47%.
On the flip side, Tata Motors down by 3.08%, DLF down by 1.38%, Hero Honda down by 1.13%, JP Associate down by 0.97% and Maruti Suzuki down by 0.95% were the top losers on the Sensex.
Meanwhile, the imports of sensitive items for the last financial year increased by 7.8% to Rs 70,656 crore from Rs 65,565 crore during the 2009-10. During the 2010-11, the gross import of all commodities increased by 17.1% over 2009-10. The other items like milk and milk products, food grains and rubber saw the surge in imports, it increased by 162.2%, 113.8% and 82.7% respectively during the last financial year.
The commerce and industry ministry said the gross import of all commodities during same period of current year was Rs 1596869 crores as compared to Rs 1363736 crores during the same period of last year. Thus, import of sensitive items constitutes 4.8% and 4.4% of the gross imports during last year and current year respectively.
The import of items like pulses, cotton and silk, spices and tea and coffee register decline in import at broad group level, however items like edible oil, automobiles, fruits and vegetables (including nuts), rubber, products of SSI, milk and milk products, alcoholic beverages, marble and granite and food grains saw the increase in imports for the 2010-11.
As per the official statement, during the last financial year edible oil increased to Rs 29,319.1 crore from Rs 25,975.3 crore in the 2009-10. A significant feature of edible oil import is that import of crude oil has gone up by 15.8% and that of refined oil have gone down by 2.5%. The increase in edible oil import is mainly due to substantial increase in import of crude palm oil and its fractions, the commerce ministry said.
Import of sensitive items has increased from countries like Indonesia, China P RP, Argentina, Malaysia, Korea RP, Germany, Ukraine, Thailand, Tanzania REP, Australia, United Kingdom, Cote D' Ivoire, Vietnam SOC REP etc. whereas imports of sensitive items has reduced from countries such as US, Myanmar, Brazil, Japan, Canada, Czech Republic etc.
The S&P CNX Nifty is currently trading at 5564.30, lower by 2.75 points or 0.05%. The index has touched a high and low of 5,586.20 and 5,557.20 respectively. There were 22 stocks advancing against 28 declines on the index.
The top gainers of the Nifty were Sterlite up by 1.13%, Sun Pharma up by 1.12%, NTPC up by 1.05%, TCS up by 0.78% and Kotak Bank up by 0.74%.
On the flip side, Tata Motors down by 1.77%, DLF down by 1.23%, Hero Honda down by 1.13%, IDFC down by 1.13% and Maruti Suzuki down by 1.10% were the major losers on the index.
Most of the Asian equity indices were trading in red; Shanghai Composite declined 0.77%, Hang Seng slid 0.73%, Jakarta Composite lost 0.58%, KLSE Composite skid 0.44%, Nikkei 225 dropped 0.77%, Straits Times down by 0.11% and Taiwan Weighted down 0.16%
On the flip side, Seoul Composite gained 0.14% was the lone gainer among the Asian pack
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