After opening in the red, the markets have bounced back into the green zone with the Sensex gaining 96 points at 19,338 and the Nifty added 35 points at 5,801.The broader markets too moved into the positive. The small-cap and the mid-cap indices are up 1% each. In comaprison, the benchmark index, Sensex is underperforming at 0.5% in the positive.
On the BSE sectoral chart, IT is the only index in the green at 0.03%. Consumer Durables, down 6%, Realty losing 4%, Health Care, Auto, Bankex shedding 3% each continue to languish at the bottom of the chart. This is the second consecutive day where the Consumer Durables indices is the worst hit.The draggers in this space are Gitanjali Gems down 20%, VIP Industries and Titan Industries losing 11% and 6% respectively.
The gainers on the Sensex are ICICI Bank, JP Associates and Cipla gaining 3% each followed by Reliance Industries, Jindal Steel and Reliance Communications adding 2% each.
The losers on the BSE benchmark index are Bajaj Auto, HDFC Bank down 2%, Bharti Airtel losing 1%, Tata Motors, HDFC, Infosys shedding 0.4% - 0.8%
The market breadth has turned positive. 1683 stocks has advanced while 888 has declined.
