Wednesday 10 August 2016

Live Stock Market Updates - Sensex, Nifty choppy; Telecom, FMCG drag


Dalal Street


At 9:36 AM, the S&P BSE Sensex is trading at 28,070 down 15 points, while NSE Nifty is trading at 8,673 down five points.

The BSE Mid-cap Index is trading up 0.08% at 12,791 whereas BSE Small-cap Index is trading up 0.30% at 12,376.

Adani Ports, Tata Steel, Coal India, Bajaj Auto, NTPC, Bharti Airtel and ONGC are among the gainers, whereas ITC, Dr.Reddy's, GAIL, Maruti Suzuki and Asian Paints are losing sheen on BSE.

Some buying activity is seen in realty, metal, power, utilities and consumer durables sectors, while telecom and FMCG are showing weakness on BSE.

The INDIA VIX is up 0.80% at 14.6550. Out of 1,833 stocks traded on the NSE, 597 declined, 812 advanced and 424 remained unchanged today.

A total of 21 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 higher by 16 at 66.68/$ against US Dollar Wednesday as against the previous close of 66.84/$.

RBI Governor Raghuram Rajan left the benchmark repo rate unchanged on Tuesday. The RBI kept the repo rate, the key rate at which the central bank lends money to commercial banks, at 6.5 per cent. Retail inflation in June was 5.77 per cent, well above the 5 per cent target set by the central bank for March 2017.

Asian markets are trading mixed. Hong Kong's Hang Seng and Shanghai Composite are marginally up.The Nikkei 225 is trading in red.

US stocks ended marginally higher Tuesday. The Dow Jones industrial average rose 0.02%, to close at 18,533.05 points. The S&P 500 gained 0.04%, to end at 2,181.74. The Nasdaq closed 0.24% higher.

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