Thursday 4 June 2015

Sensex, Nifty flip-flop in early trade

The BSE Mid-cap Index is trading down 0.07% at 10,323, whereas BSE Small-cap Index is trading up 0.15% at 10,844. 

At 9:31 AM, the S&P BSE Sensex is trading at 26,814 down 23 points, while NSE Nifty is trading at 8,110 down 10 points.

The BSE Mid-cap Index is trading down 0.07% at 10,323, whereas BSE Small-cap Index is trading up 0.15% at 10,844.

Gail, Axis Bank, Infosys, Cipla, Dr. Reddy's Lab and Vedanta are among the gainers, whereas Tata Motors, ICICI Bank, Hero MotoCorp, HUL, Sun Pharma and Coal India are losing sheen on BSE.

Global cues are mostly positive. Dow and S&P notched up some gains while Nasdaq closed up almost half a percent. Among the Asian markets, the Nikkei is up 0.3% while Hong Kong’s Hang Seng has gained 0.4%. China’s Shanghai index is marginally up.


The Volatility index - India VIX - has jumped 7 percent at 17.99.

Among sectors, the CNX Energy and Infra indices have gained 0.4 percent each at 8,438 and 3,173, respectively. The Pharma and IT indices are also up 0.3 percent each.

On the other hand, the CNX Auto index has declined 0.5 percent at 8,155 and the FMCG index is down 0.2 percent at 19,090.

In the Nity-50 stocks - Gail India has jumped over 1.5 percent at Rs. 381. Infosys has spurted over a percent at Rs. 2,045.

Axis Bank, Cipla, Dr. Reddy's and Zee Entertainment are the other gainers - up a percent each.

On the losing side, Tata Motors has slipped almost 2 percent at Rs. 448. NMDC has dropped over a percent at Rs. 121.

Sun Pharma, HCL Technologies and Punjab National Bank have also shed almost a percent each.

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