Friday 25 October 2013

BSE Sensex range-bound; IT, FMCG stocks gain

Some buying activity is seen in IT, teck, FMCG and banking sectors, while capital goods, realty, metal, healthcare and auto sectors are down on BSE


At 11:35 AM, S&P BSE Sensex is 20,703 down 21 points, while CNX Nifty is at 6,150 down 14 points.

BSE Mid-cap is at 5,994 down 1.8 points, while BSE Small-cap is at 5,842 down 10 points.

Some buying activity is seen in IT, teck, FMCG and banking sectors, while capital goods, realty, metal, healthcare and auto sectors are down on BSE.

TCS, Infosys, ICICI Bank, NTPC, ITC, SSLT, Wipro and ONGC are up on BSE, whereas Hindalco, Sun Pharma, Tata Steel, M&M, BHEL, L&T, Jindal Steel and HUL are showing some weakness.

Reliance Industries' subsidiary Reliance Jio Infocomm has received unified license for all 22 Service Areas across India. RIL is 0.08% up on BSE.

Geometric has launched 2014 version of its intuitive solids-based CNC programming solution, CAMWorks. The scrip is 1.48% down on BSE.

Biocon posted net profit of Rs. 954.2 million for the quarter ended September 30, 2013 as compared to Rs. 883.6 million for the quarter ended September 30, 2012. The scrip is 1.09% down on BSE.

Infosys has added a dozen new members to its top management group in the second expansion of the executive council since NR Narayana Murthy returned as chairman in June. The stock is 0.95% up on BSE.

NTPC has asked the Government to extend gas supplies from the D6 block in the Krishna Godavari basin beyond 2014. The scrip is 0.8% up on BSE.

JK Tyre & Industries gained 1.07% on the news that the company has approved a Rs. 14.3 billion expansion of its tyre factory near Chennai.

At 11:27 AM, Nikkei is trading 277 points down at 14,208, while Hang Seng is trading 158 points down at 22,677.

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