Afternoon Session Stock Market Updates By Money Maker Research

Sensex Nifty hovers around their crucial levels. Sensex is up 19 points or 0.07 percent to 28009 and Nifty is up 5 points or 0.06 percent to 8637. Some buying activity is seen in oil and gas, pharma, utilities, auto, IT, energy and teck sectors, while telecom, banking, capital goods, metal and finance are showing weakness on BSE. Asian market indices are under pressure. Shanghai Composite drops 3 points to 3085, Hang Seng trading at 22807 with major loss of 191 points and Nikkei gains 99 points to 16597. Midcap sector is trading well. BSE Smallcap hikes 71 points to 12505, BSE Midcap hikes 60 points to 13006 and Nifty Midcap gains 62 points to 15120. Precious metals Gold and Silver lost some points and trading in the negative zone. MCX Gold dropped 55 points to 31315 and Silver has lost 69 points till yet to 44427. Crude Oil has dropped 54 points to 3185.  

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