Key benchmark indices regained positive terrain after slipping into the negative terrain for a brief period in morning trade. The movement of indices was within a narrow range near the flat line. At 10:20 IST, the barometer index, the S&P BSE Sensex, was up 12.04 points or 0.05% at 25,972.07. The 50-unit Nifty 50 index was up 4.85 points or 0.06% at 7,901.10. A lackluster trade could be witnessed till tomorrow, 1 January 2016, as many global markets remain close during this period for New Year Holiday.
The market breadth indicating the overall health of the market was strong. On BSE, 1,263 shares rose and 704 shares fell. A total of 161 shares were unchanged. The BSE Mid-Cap index was currently up 0.23%. The BSE Small-Cap index was currently up 0.38%. Both these indices outperformed the Sensex.
In overseas markets, Asian stocks were mixed. US stocks ended lower yesterday, 30 December 2015, as a drop in oil resumed, dragging down energy company shares.
Realty stocks rose. Sobha (up 0.26%), Indiabulls Real Estate (up 0.57%), Housing Development & Infrastructure (HDIL) (up 0.62%), DLF (up 0.92%), and Oberoi Realty (up 1.1%) edged higher. Unitech (down 0.15%) and Phoenix Mills (down 1.89%) edged lower.
Capital goods stocks were mixed. BEML (down 0.27%), Bharat Heavy Electricals (Bhel) (down 0.35%), Havells India (down 0.02%), and L&T (down 0.49%) declined. Thermax (up 0.14%), Crompton Greaves (up 0.34%) and Siemens (up 0.27%) gained.
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