Wednesday, 22 June 2016

Live Stock Market Updates - Nifty trades above 8,200 mark

Some buying activity is seen in realty, consumer durables, banking, pharma and power sectors, while IT, telecom, FMCG, auto, teck and industrial sectors are showing weakness on BSE. The BSE Mid-cap Index is trading up 0.27% at 11,449, whereas BSE Small-cap Index is trading up 0.29% at 11,553.

NSE Building
 At 9:38AM, the S&P BSE Sensex is trading at 26,834 up 21 points, while NSE Nifty is trading at 8,224 up mere four points.

The BSE Mid-cap Index is trading up 0.36% at 11,459, whereas BSE Small-cap Index is trading up 0.32% at 11,557.

Dr.Reddy's, ICICI Bank, M&M, Cipla, Asian Paints, ONGC, SBI and Sun Pharma are among the gainers, whereas Tata Motors, HUL, Tata Steel, RIL, HDFC and ITC are losing sheen on BSE.

Some buying activity is seen in realty, consumer durables, banking, pharma and power sectors, while IT, telecom, FMCG, auto, teck and industrial sectors are showing weakness on BSE.

The INDIA VIX is up 1.30% at 17.4850. Out of 1,789 stocks traded on the NSE, 863 declined, 517 advanced and 409 remained unchanged today.

A total of 20 stocks registered a fresh 52-week high in trades today, while eight stocks touched a new 52-week low on the NSE.

The Indian rupee opened lower by 9 paise at 67.59/$ against US Dollar on Wednesday as against the previous close of 67.48/$.

Federal Reserve Chair Janet Yellen was optimistic about the economy and played down the risk of a recession. She also added that the UK's vote on EU membership and a potential economic slowdown in China had raised concerns about the strength of the global economy. Meanwhile, ECB President Mario Draghi said ECB was ready for all contingencies in case of Brexit.

Asian market​s​ are trading on a mixed note. Nikkei 225 and Hang Seng ​are ​trading down. Shanghai Composite gained 0.5%.

US stocks closed higher on Tuesday. The Dow Jones industrial average rose 24.86 points, or 0.14%, the S&P 500 gained 5.65 points, or 0.27%.The Nasdaq Composite added 6.55 points, or 0.14%. Market participants are cautious ahead of the UK referendum ​scheduled ​on Thursday.

Coal Secretary Anil Swarup will give speech at the 8th India Coal Summit in New Delhi.

Nikesh Arora has resigned from SoftBank Group Corp.Report says that founder, chairman and CEO Masayoshi Son, who had been expected to step down after turning 60 next year, said he will remain at the helm.

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