Thursday 16 June 2016

Live Stock Market Updates - Sensex falls 200 points; Nifty below 8,150

The INDIA VIX is up 3.97% at 17.7325. The BSE Mid-cap Index is trading down 0.23% at 11,380, whereas BSE Small-cap Index is trading down 0.08% at 11,454.

Sensex FallThe BSE Sensex opened 40.31 points down at 26686.0.3, while Nifty 50 index opened 25.95 points down at 8,180.65.

At 9:28 AM, the S&P BSE Sensex is trading at 26,525 down 201 points, while NSE Nifty is trading at 8,135 down 72 points.

The BSE Mid-cap Index is trading down 0.23% at 11,380, whereas BSE Small-cap Index is trading down 0.08% at 11,454.

GAIL, Lupin, M&M, Unitech, Indian Hotel and Balrampur Chini are among the gainers, whereas Maruti Suzuki, Cipla, ITC, itc, Adani Ports, Infosys, L&T, Bajaj-Auto and TCS are losing sheen on BSE.

Some buying activity is seen in realty, metal and consumer durables sectors, while banking, telecom, finance capital goods, IT, FMCG and power showing weakness on BSE.

The INDIA VIX is up 3.97% at 17.7325. Out of 1,800 stocks traded on the NSE, 880 declined, 537 advanced and 383 remained unchanged today.

A total of 48 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE.

The Indian rupee opened marginally higher by three paise at 66.12/$ against US Dollar on Thursday as against the previous close of 66.15/$.

Asian markets  are trading on a mixed note. Nikkei 225 and Shanghai Composite trading lower by 1%. Hang Seng dropped 2%. Bank of Japan has left deposit rates unchanged at -0.1%.

Wall Street fell for the fifth straight session after the Federal Reserve left US interest rates unchanged. The Dow Jones fell 30.13 points, or 0.17 per cent, while the S&P 500 lost 3.53 points, or 0.17 per cent and the Nasdaq Composite dropped 8.62 points, or 0.18 per cent.

The Fed kept interest rates unchanged and signalled it still planned two hikes this year. In its post-meeting statement, the Fed noted that the unemployment rate had declined (to 4.7%) but “job gains have diminished”.

The Bank of Japan kept monetary policy steady and stuck to its optimistic view of the economy on Thursday, even as renewed yen rises and slumping stock prices threaten to hurt business sentiment and derail a fragile economic recovery.

Union Cabinet replaced the 5/20 rule with the new 0/20 rule which will allow domestic airlines to operate flights to SAARC countries and countries with territory located entirely beyond a 5000 km radius from New Delhi.

Cabinet Committee on Economic Affairs, chaired by the Narendra Modi has given its approval for disinvestment of 10% paid up equity of Housing and Urban Development Corporation (HUDCO) out of Government of India's shareholding of 100% through IPO in the domestic market as per the SEBI Rules and Regulation.

Arun Jaitley to brief media after the inaugural session of the two-day 'Annual conference of Tax Administrators 2016'in New Delhi.

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