Tuesday 9 June 2015

Sensex, Nifty volatile; pharma, metal stocks drags

The BSE Mid-cap Index is trading down 0.18% at 10,175, whereas BSE Small-cap Index is trading down 0.37% at 10,658. The Volatility index - India VIX - has gained around a percent at 19.02.


The BSE Sensex and the NSE Nifty today started the day jittery note at 26,510 and 8,026, respectively.

At 9:39 AM, the S&P BSE Sensex is trading at 26,549 up 26 points, while NSE Nifty is trading at 8,048 up mere four points.

The BSE Mid-cap Index is trading down 0.18% at 10,175, whereas BSE Small-cap Index is trading down 0.37% at 10,658.

Some buying activity is seen in capital goods sector, while pharma, auto, metal, oil&gas and consumer durables sectors are showing weakness on BSE.

Vedanta, M&M, Hindalco Industries, ICICI Bank, GAIL, Axis Bank and L&T are among the gainers, whereas Tata Steel, Cipla, ITC, Bharti Airtel and Coal India are losing sheen on BSE.

The Volatility index - India VIX - has gained around a percent at 19.02.

Among sectors, the CNX Pharma, FMCG and Realty indices have shed nearly a percent each at 11,493, 18,944 and 179, respectively.

The Metal, Energy and Auto indices are the other losers.

The CNX PSU Bank, Finance and Bank Nifty indices are marginally up.

Cairn India is the top loser among the Nifty-50 stocks - down over 5 percent to Rs. 171. Tata Steel and Bosch have slipped over 2 percent each at Rs. 295 and Rs. 20,968, respectively.

Idea Cellular, ITC, NMDC, Coal India and Cipla are the other significant losers.

On the other hand, Hindalco jumped nearly 2 percent at Rs. 120. Yes Bank advanced over a percent at Rs. 832.

ICICI Bank, Vedanta, Gail India, HDFC and SBI are the other notable gainers.
  - See more at: http://www.indiainfoline.com/article/news-top-story/sensex-nifty-slip-pharma-metal-stocks-drags-115060900184_1.html#sthash.nu1WxrCC.dpuf

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