Markets continued to trade lower in noon trades on Monday weighed down by profit taking in IT and pharma majors.

At 12:50PM, the 30-share Sensex was down 107 points at 26,983 and the 50-share Nifty was down 41 points at 8,080.

Benchmark shares indices continued to trade weak in late morning trades with HDFC Group and IT shares leading the decline.

The weak showing is primarily reflecting the caution in Asian markets as investors apprehend evidence of further contraction in Chinese manufacturing to emerge, particularly if the flash manufacturing PMI data to be released on Tuesday is seen treading below 50 mark.

Markets continue to trade weak in the morning trades weighed by profit taking in Index heavyweights Infosys, HDFC twins and Pharma shares amid weak Asian cues.

At 10.12 AM, the 30-share Sensex is down 110 points at 26,981 and the 50-share Nifty has shed 41 points at 8,080.

In the broader markets, the BSE Mid-cap and Small-cap indices are outperforming the large counterparts and are up between 0.2-0.5%.

The Bombay Stock Exchange (BSE) S&P BSE Sensex hit a record high today, led by Tata Group companies, after global rating agency Moody's raised multiple ratings of group firms including Tata Motors, Tata Steels and Tata Consultancy Services (TCS).

At 1218 hours, S&P BSE 500 index was up 0.2% or 21 points at 10,430 points. It touched new high of 10,478 points during intra-day trade today.

The benchmark BSE Sensex gained over 44 points in early trade today on emergence of buying by funds and retail investors in select stocks.

The 30-share index, which had lost 244.48 points in the previous session, recovered by 44.73 points, or 0.16 per cent, to 26,861.29, with realty, healthcare, capital goods, power, infrastructure and consumer durables shares leading the recovery.

The benchmark BSE Sensex today regained the 27,000-mark by rising over 53 points in early trade, snapping its three-session falling streak, as participants made selective buying ahead of the industrial output data for July and retail inflation numbers for August.

Stocks of consumer durables, PSU, IT, infrastructure and FMCG sectors led the recovery.

Shares of L&T have gained nearly 1% to Rs 1,623 on the BSE after the company said its wholly owned subsidiary L&T Hydrocarbon Engineering (LTHE) has secured new orders in the offshore and onshore segments worth Rs 1920 crore from domestic oil and gas majors.

An offshore contract worth Rs 1340 crore from Oil & Natural Gas Corporation (ONGC), includes engineering, procurement, construction and installation of five wellhead platforms at the Mumbai High North field of ONGC. The project is scheduled for completion by March 2016, L&T said in a statement.

Mumbai: After nine days of gain, the 30-share bellwether BSE Sensex on Thursday fell 50 points because of profit-booking.

At 9.35am, the Sensex was trading lower by 0.19%, or 51.35 points, at 27,088.59 points, while the National Stock Exchange’s broader barometer 50-share Nifty was down 0.29%, or 23.55 points, at 8,091.05 points.

Continuing its rising streak for the ninth straight session, the benchmark BSE Sensex rose over 129 points to hit a new high of 27,148.90 in opening trade today on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.

The 30-share index, which had gained over 705 points in the previous eight sessions, gathered another 129.51 points, or 0.47 per cent, to trade at a new peak of 27,148.90, surpassing its earlier record of 27,082.85 touched yesterday (intra-day).

Markets continue to trade near their day's highs in late morning deals with capital goods and bank shares leading the gains on better-than-expected GDP growth in the first quarter ended June 30, 2014.

At 11:50AM, the 30-share Sensex was up 168 points at 26,808 and the 50-share Nifty was up 56 points at 8,010.

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