Wednesday, 26 October 2016

Live Stock Market Updates - Nifty trades below 8700 mark

The BSE Mid-cap Index is trading down 0.57% at 13,508 whereas BSE Small-cap Index is trading down 0.34% at 13,456.

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The Indian equity market has opened in red with focus in Tata Group stocks. At 9:58 AM, the S&P BSE Sensex is trading at 28,061 down 118 points, while NSE Nifty is trading at 8,699 down 39 points.

The BSE Mid-cap Index is trading down 0.57% at 13,508 whereas BSE Small-cap Index is trading down 0.34% at 13,456.

Commodity market tips

ICICI Bank, Adani Ports, Cipla, Sun Pharma, Axis Bank, Lupin and Maruti Suzuki are among the gainers, whereas Tata Steel, HDFC, HDFC Bank, TCS, NTPC, GAIL and Bharti Airtel are losing sheen on BSE.

Some buying activity is seen in pharma, banking, capital goods and industrial and energy sectors, while oil & gas, telecom, metal and utilities are showing weakness on BSE.

The INDIA VIX is down 0.40% at 14.2750. Out of 1,859 stocks traded on the NSE, 533 declined, 922 advanced and 404 remained unchanged today.

A total of 51 stocks registered a fresh 52-week high in trades today, while four stocks touched a new 52-week low on the NSE.

The rupee opened lower by eight paise at 66.93/$ as against the previous close of 66.85/$.

Asian markets opened in the green as overnight US indices rallied as markets looked beyond earnings & fresh merger activity re ignited the bulls.

The PNB Housing Finance IPO which saw encouraging response will hit the market today. Geo-political issues remain in focus after militants attacked a police academy in Pakistani city of Quetta killing dozens of cadets.

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1 comment:

  1. HDFC Bank said cost-to-income ratio for the quarter was at 44.7 percent against 45.4 percent in corresponding period of last fiscal.


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