Thursday 26 February 2015

Sensex, Nifty in red

Some buying activity is seen in metal and oil and gas sectors, while auto, banking, consumer durable goods, capital goods and healthcare sectors are showing weakness on BSE.

At 9:34 AM, the S&P BSE Sensex is trading at 28,9652 down 43 points, while NSE Nifty is trading at 8,754 down 13 points.

The BSE Mid-cap Index is trading down 0.10% at 10,690, whereas BSE Small-cap Index is trading down 0.07% at 11,247.

Some buying activity is seen in metal and oil and gas sectors, while auto, banking, consumer durable goods, capital goods and healthcare sectors are showing weakness on BSE.




Sesa Sterlite, Bharti Airtel,Tata Motors and ONGC, Reliance Industries are among the gainers, whereas Tata Power, Axis Bank, Dr Reddy's Lab, Infosys and Bajaj Auto are losing sheen on BSE.

Global markets are mixed, U.S. stocks ended Wednesday's choppy session on a flat note. However, the Dow Jones eked out marginal gains to shut shop at fresh record. The S&P 500 SPX and Nasdaq Composite closed slightly lower breaking its ten-day winning streak. The Asian markets are trading mixed the Nikkei index in Japan returned to its winning ways while the Hang Seng index in Hong Kong was trading lower.

Brent crude oil rose above $59 a barrel. Saudi Arabia's oil minister was quoted as saying that oil demand was growing.

Yes Bank has raised Rs 1,000 crore against a targeted Rs 500 crore by issuing green infrastructure bonds.

Adlabs Entertainment’s initial public offer (IPO) is expected to open on March 10. The issue will close on March 12, as per the latest data available with the capital markets regulator Sebi.

IndusInd Bank will issue long-term infrastructure bonds or non-convertible debentures on private placement basis to raise about Rs 2,000 crore

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