Friday 15 July 2016

Live Stock Market Updates - Sensex hits 28 K; Nifty above 8,550 mark

The BSE Mid-cap Index is trading up 0.61% at 12,188, whereas BSE Small-cap Index is trading up 0.28% at 12,103. A total of 26 stocks registered a fresh 52-week high in trades today, while eight stocks touched a new 52-week low on the NSE.

At 9:30 AM, the S&P BSE Sensex is trading at 28,045 up 103 points, while NSE Nifty is trading at 8,582 up 16 points.

The BSE Mid-cap Index is trading up 0.61% at 12,188, whereas BSE Small-cap Index is trading up 0.28% at 12,103.

Adani Ports, ITC, M&M, SBI, Hero MotoCorp, Infosys and HUL are among the gainers, whereas NTPC, HDFC, TCS, Coal India, Tata Steel, GAIL and PowerGrid are losing sheen on BSE.

The INDIA VIX is up 1.63% at 15.8650. Out of 1,799 stocks traded on the NSE,493 declined, 907 advanced and 399 remained unchanged today.

A total of 26 stocks registered a fresh 52-week high in trades today, while eight stocks touched a new 52-week low on the NSE.

Asian markets are trading higher. Japan's Nikkei surged 1.14%, Hong Kong's Hang Seng was up 0.65% and Shanghai Composite are trading marginally higher.

US stocks closed higher on Thursday. The Dow Jones Industrial Average closed at an all-time high for the third consecutive day, ending the day up 0.73% at 18,506 points. The S&P 500 ended half a per cent higher, at 2,163 points. The Nasdaq Composite had its sixth positive day of gains, closing half a per cent higher at 5,034 points.

On the other hand, the India's wholesale price index (WPI) rose 1.62% YoY in the month of June as compared to 0.79% in May.

Finance Minister Arun Jaitley reportedly said that those who have not yet declared their undisclosed foreign assets will face the consequences.“One of the objectives behind 2015 black money law was providing an opportunity to assessees to comply and some people made use of that opportunity,” Finance Minister Arun Jaitley said.

On the international front, the Bank of England has held the UK's main interest rate at 0.5% despite speculation that it would cut rates.The Monetary Policy Committee (MPC) voted 8-1 to leave rates unchanged, but minutes of the meeting showed most members expect the Bank will take some action next month. 

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