Sharemasterindia.com 3:20 p.m.: IT stocks showcase partial recovery. CNX IT index which fell as much as 2.5 per cent is down 1.2 per cent.
3:15 p.m.: Nifty 8,200 call option is the most active contract in the derivative segment on the National Stock Exchange. 3.48 lakh shares added to the open interest.
3:10 p.m.: Nifty is in a tight range and weekly closing above 7,905 is crucial for a pullback to happen in the markets, says Ashu Bagri deputy head-technical analyst with SBICap Securities.
3:00 p.m.: Sensex up 44 points at 26,415.24 and Nifty rises 10.45 points to 7,975.80 as banking stocks gain. The Bank Nifty is up 1.2 per cent.
2:50 p.m.: IT stocks continue to trade lower. The BSE IT index is down 1.8 per cent as reports suggested that the US government has ordered probe against Infosys and TCS for possible violation of H1-B visa rules. Mayuresh Joshi, fund Manager at Angel Broking said there won't be much financial implication on these IT companies due to this probe.
2:40 p.m.: The Sensex is trading in a tight range; It was up 28 points at 26,399 and the Nifty advanced 3 points to 7,968.
2:38 p.m.: Mayuresh Joshi of Angel Broking told NDTV that weakness in the markets is because of reasons such as earnings not catching up with valuations, RBI indicating bleak chance of rate cut going ahead and expectations of a weak monsoon. He says that the Nifty in the near term can fall to 7,600. However, Mr Joshi says that it is a good time for investors to buy good quality stocks from a long term investment perspective.
2:30 p.m.: BSE Capital Goods index falls 0.82 per cent; Sadbhav Engineering, BEML, Alstom T&D, Larsen & Toubro and Siemens were among the top losers.
2:20 p.m.: The markets edged lower in the afternoon deals on the back of selling in IT and metal stocks. The BSE IT index fell 2.5 per cent and the metal index plunged 1.6 per cent. Auto, capital goods and pharma stocks were also facing selling pressure.
1:50 p.m.: The markets were trading on a muted note in trades tracking subdued trading visible across sectors. The Sensex was up 24 points and the Nifty jumped 1 point to 7,966.
3:15 p.m.: Nifty 8,200 call option is the most active contract in the derivative segment on the National Stock Exchange. 3.48 lakh shares added to the open interest.
3:10 p.m.: Nifty is in a tight range and weekly closing above 7,905 is crucial for a pullback to happen in the markets, says Ashu Bagri deputy head-technical analyst with SBICap Securities.
3:00 p.m.: Sensex up 44 points at 26,415.24 and Nifty rises 10.45 points to 7,975.80 as banking stocks gain. The Bank Nifty is up 1.2 per cent.
2:50 p.m.: IT stocks continue to trade lower. The BSE IT index is down 1.8 per cent as reports suggested that the US government has ordered probe against Infosys and TCS for possible violation of H1-B visa rules. Mayuresh Joshi, fund Manager at Angel Broking said there won't be much financial implication on these IT companies due to this probe.
2:40 p.m.: The Sensex is trading in a tight range; It was up 28 points at 26,399 and the Nifty advanced 3 points to 7,968.
2:38 p.m.: Mayuresh Joshi of Angel Broking told NDTV that weakness in the markets is because of reasons such as earnings not catching up with valuations, RBI indicating bleak chance of rate cut going ahead and expectations of a weak monsoon. He says that the Nifty in the near term can fall to 7,600. However, Mr Joshi says that it is a good time for investors to buy good quality stocks from a long term investment perspective.
2:30 p.m.: BSE Capital Goods index falls 0.82 per cent; Sadbhav Engineering, BEML, Alstom T&D, Larsen & Toubro and Siemens were among the top losers.
2:20 p.m.: The markets edged lower in the afternoon deals on the back of selling in IT and metal stocks. The BSE IT index fell 2.5 per cent and the metal index plunged 1.6 per cent. Auto, capital goods and pharma stocks were also facing selling pressure.
1:50 p.m.: The markets were trading on a muted note in trades tracking subdued trading visible across sectors. The Sensex was up 24 points and the Nifty jumped 1 point to 7,966.
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