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BSE SENSEX ON TUESDAY FEB 19, 10.00 AM

At 10.00 AM, the BSE Sensex was up by 232.38 points, or 1.29 % at 18280.43 points.It opened with an upward gap of 167.21 points at 18215.26, touched an intraday high of 18293.93 & low of 18215.26.


The market breadth was extremely positive on BSE: 1004 scrips had advanced, 135 declined, while 15 remain unchanged.


The equity shares of ON Mobile Global Ltd. got listed on the BSE, in the B1 Group at Rs.440.00, as against the IPO price of Rs.440 .


The BSE mid cap Index was higher by 122.20 points, or 1.60 % at 7763.68 . The BSE small cap Index was up by 140.29 points, or 1.44 % at 9895.64 .


The BSE-100 Index (up 131.34 points, or 1.37 % at 9741.46), BSE-200 Index (up 31.16 points, or 1.38 % at 2294.50), BSE-500 Index (up 102.44 points, or 1.42 % at 7336.57).


Top gainers of Sensex were ONGC(up 2.64% at Rs 1047.70), BHEL(up 1.80% at 2256.00), Tata Motor(up 1.70% at 745.00), Reliance(up 1.61% at 2593.20), Bajaj Auto(up 1.60% at 2235.00).


Dr Reddy (down -1.49% at Rs 535.65) was the only loser in BSE sensex.


Top gainers from BSE-500 were Shoppers Stop(up 18.70% at Rs 470.00), ICI India(up 11.75% at 570.00), Gokaldas Export(up 8.52% at 231.75), CRISIL(up 8.37% at 3497.00).


Top losers from BSE 500 were Asian Hotels(down -6.85% at Rs 575.60), Amtek Auto(down -6.57% at 297.80), HCL Infosys(down -5.79% at 188.65), Taneja Aerospac(down -4.36% at 150.10).


BSE Metal Index (up 2.04% at 16579.45) was top gainer in all sectors index. Led by Sesa Goa (up 3.12% at Rs 3439.00), Jindal Steel (up 2.85% at Rs 2428.00).


BSE Oil & Gas Index (up 1.57% at 11348.10), Led by ONGC (up 2.64% at Rs 1047.70), Essar Oil (up 2.48% at Rs 235.50).


BSE Bank Index (up 1.49% at 11108.28), Led by Oriental Bank (up 2.55% at Rs 287.00), Union Bank (up 2.02% at Rs 202.50).


BSE Realty Index (up 1.45% at 10354.52), Led by Unitech (up 2.14% at Rs 409.00), Ansal Prop. (up 2.04% at Rs 220.60).


BSE Power Index (up 1.43% at 3806.57), Led by GMR Infrastruct (up 2.49% at Rs 172.70), GVK Power (up 2.25% at Rs 59.00).


BSE Auto Index (up 1.39% at 4855.85), Led by Punjab Tractors (up 3.92% at Rs 263.95), Escorts (up 3.10% at Rs 114.65).


BSE Capital Goods Index (up 1.37% at 16545.57), Led by Bharat Earth Mo (up 3.60% at Rs 1224.95), Kalpataru Power (up 3.14% at Rs 1289.85).


BSE Health Care Index (up 1.20% at 3722.52), Led by Apollo Hospital (up 3.93% at Rs 495.70), Biocon (up 1.74% at Rs 424.70).


BSE FMCG Index (up 1.10% at 2283.17), Led by Marico (up 3.18% at Rs 64.80), Bata India (up 2.21% at Rs 169.00).

Fab City receives investment worth USD 7 bn: Ramesh

Bangalore, Feb 19: The government has received seven "confirmed investments" to the tune of USD seven billion at the Fab city project at Hyderabad, Union Minister of State for Commerce Jairam Ramesh said on Monday.

"We have also received five investments that have been approved in principle' close to USD 1 billion for a 10 year tenure," he said at the inaugural function of Vision Summit 2008, organised by the India Semiconductor Association.

Apart from this, the government has also received three proposals for projects outside Fab City and were under "active consideration, he said.

Mukesh Ambani's Reliance group had also "expressed intent" in setting up of Solar Photo Valtic Manufacturing Facility at Jamnagar. "They have not made any formal application, they have only expressed their interest", he said adding investment was expected to be over USD five billion.

Giving details of the investments received after the announcement of the semi conductor policy, he said the seven confirmed investments, include Sem India (USD 3 bn) Solar Semiconductor Industries (USD one bn), Title Energy (USD 750 million), Nanotech Silicon India (USD two billion), Exel Telecom and Energy (USD 75 mn), KSK Energy Ventures (USD 70 mn) and Embedded IT Solutions (USD 5 mn).

The five investments, which have been approved in principle, include Chandradeep Solar, Neotech Solutions, Photon Energy Systems, Surana Ventures and Rama Taro Solars. All these investments amount to USD 800 mn he said.

Those under active consideration were Videocon (USD 250 mn) Moserbaer (USD two bn) and Hindustan Semiconductor Manufacturing Company (USD one bn).

The government's proposal to adopt e-governance and to scale up issuing of smart cards were also some of the initiatives that were also expected to spur the market.

Speaking on the occasion, Wipro Chairman, Azim Premji said increasing localisation, adopting innovation, and encouraging entrepreneurship, collaboration and co-innovation would help evolving the domestic market, which was the growth driver for the "Indian electronics eco-system".

Stressing on localisation, he cited the example of the mobile phone industry which had prospered on this count. The PC industry had also witnessed huge momentum thanks to the growth of the support infrastructure like small training centres that brought the PC to the common man.

Innovation was the key to success, he said adding companies must encourage "natural innovators" apart from encouraging experimentation, entrepreneur spirit, collaboration and co-innovation.

"Technological and managerial innovation must go hand in hand", he adderted. He said there must be a move to apply innovation and collaboration to improve the eco system.

To a query whether developing an I-pod product in India was possible, Premji said "we are far from it", because apart from the design arbitrage, distribution and marketing was of paramount importance, and India was yet to reach that position on the last two counts (distribution and marketing).

On whether global players like Wipro would have products specific for domestic market, he said that in today's world one needed to be a global player. However in terms of certain specialised areas like end medical products and power stabiliser, there would be players that would focus on the domestic market, he said.

Bureau Report

11:00 AM - The market is trading in the positive terrain, though off the day's highs. Sensex is at 18,213, up 165 points from the previous close. Nifty is at 5336, up 59 points. BSE Midcap and Smallcap indices are trading over 1.5% higher each. All sectoral indices are trading higher, with BSE Consumer Durables index leading

12:15 pm market still strong sensex+215 nifty+72.

Yes it is time to consolidate some gains in the run up to the budget
12:07 PM - The market is holding on to its gains. Sensex is at 18,263, up 214 points from the previous close. Nifty is at 5350, up 73 points. Consumer durables and oil & gas stocks are attracting significant buying interest. Market breadth is strong

BSE SENSEX ON TUESDAY FEB 19, 12.00 PM

At 12.00 PM, the BSE Sensex was up by 217.31 points, or 1.20 % at 18265.36 points.It opened with an upward gap of 167.21 points at 18215.26, touched an intraday high of 18295.89 & low of 18188.77.


The market breadth was extremely positive on BSE: 1853 scrips had advanced, 669 declined, while 47 remain unchanged.


The equity shares of ON Mobile Global Ltd. got listed on the BSE, in the B1 Group at Rs.440.00, as against the IPO price of Rs.440 .


The BSE mid cap Index was higher by 134.06 points, or 1.75 % at 7775.54 . The BSE small cap Index was up by 159.89 points, or 1.64 % at 9915.24 .


The BSE-100 Index (up 126.94 points, or 1.32 % at 9737.06), BSE-200 Index (up 30.87 points, or 1.36 % at 2294.21), BSE-500 Index (up 101.55 points, or 1.40 % at 7335.68).


Top gainers of Sensex were ACC(up 4.10% at Rs 787.05), Ranbaxy(up 2.70% at 407.05), TCS(up 2.40% at 872.40), ONGC(up 2.40% at 1045.35), Reliance(up 2.16% at 2607.00).


ITC Ltd. (down -1.05% at Rs 207.40) was the only loser in BSE sensex.


Top gainers from BSE-500 were Astra Microwave(up 16.77% at Rs 94.70), Sadbhav Engg(up 11.69% at 1305.00), Tv 18(up 11.44% at 400.00), Ashapura Minech(up 11.19% at 263.75).


Top losers from BSE 500 were Mascon Global(down -3.30% at Rs 17.60), JP Associate(down -3.15% at 275.40), GVK Power(down -2.95% at 56.00), Bharti Shipyard(down -2.91% at 600.00).


BSE Oil & Gas Index (up 2.14% at 11411.80) was top gainer in all sectors index. Led by Hind.Petro (up 3.74% at Rs 321.50), Indian Oil Corp (up 3.49% at Rs 580.10).


BSE Metal Index (up 1.74% at 16530.01), Led by National Alum. (up 4.46% at Rs 406.45), Sesa Goa (up 3.00% at Rs 3435.00).


BSE IT Index (up 1.67% at 3893.34), Led by I-Flex (up 6.23% at Rs 1101.00), Mphasis (up 5.97% at Rs 244.95).


BSE Power Index (up 1.43% at 3806.38), Led by Tata Power (up 3.26% at Rs 1367.95), Suzlon Energy (up 2.78% at Rs 332.35).


BSE Health Care Index (up 1.37% at 3728.67), Led by Nicholas Pira. (up 3.68% at Rs 287.50), Aurobindo Pharm (up 3.20% at Rs 306.80).


BSE Capital Goods Index (up 1.26% at 16529.08), Led by Bharat Earth Mo (up 4.03% at Rs 1230.00), Carborundum Uni (up 2.25% at Rs 147.80).


BSE Bank Index (up 1.18% at 11073.49), Led by Centurion Bank (up 4.23% at Rs 53.00), Andhra Bank (up 2.88% at Rs 94.65).


BSE Realty Index (up 1.04% at 10312.73), Led by Ansal Prop. (up 3.61% at Rs 224.00), Peninsula Land (up 3.20% at Rs 95.25).


BSE Auto Index (up 0.98% at 4836.09), Led by Amtek Auto (up 6.45% at Rs 317.00), TVS Motor (up 2.71% at Rs 39.75).

european market open in red ftse100 -45 cac40 -18.28 . not good for our market.

I have Ispat Industrise. hold or Sell....?

good stock hold on.

metal stocks are good.plz hold on.