The Indian equity market declines for third straight session and trading flat below its crucial 28,000 level, while the broader Nifty50 was heading down towards its key 8,600 mark.
The Sensex opened 27.02 points up at 28,012.56, while Nifty opened 0.80 points down at 8,628.35
At 10:58 AM, the S&P BSE Sensex is trading at 27,959 down 26 points, while NSE Nifty is trading at 8,623 down mere six points.
The BSE Mid-cap Index is trading down 0.33% at 12,939 whereas BSE Small-cap Index is trading up 0.09% at 12,453.
TCS, Infosys, GAIL, Wipro, Asian Paints, Axis Bank and Adani Ports are among the gainers, whereas ITC, Bajaj Auto, SBI, L&T, Sun Pharma and Hero MotoCorp are losing sheen on BSE.
Some buying activity is seen in IT, utilities, metal and telecom sectors, while oil & gas, FMCG, capital goods, finance and power showing weakness on BSE.
The INDIA VIX is down 0.57% at 14.1525. Out of 1,850 stocks traded on the NSE, 739 declined, 779 advanced and 332 remained unchanged today.
A total of 46 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE.
Indraprastha Gas Ltd is currently trading at Rs. 773, up by Rs. 43.85 or 6.01% from its previous closing of Rs. 729.15 on the BSE. The company has posted a net profit after tax of Rs.148 crore for the quarter ended June 30, 2016 as compared to Rs.102.5 crore for the quarter ended June 30, 2015.
The rupee opened higher by six paise at 67.12/$ against US Dollar Tuesday as against the previous close of 67.18/$.
Asian markets are trading mixed. Shanghai Composite is trading in green, while Nikkei 225 and Hong Kong's Hang Seng are trading lower by 0.22%.
Wall Street stocks closed mostly lower on Monday, as investors looked ahead to a key speech from a top Federal Reserve official. The Dow Jones Industrial Average closed 0.12% lower, at 18,529.42 points. The S&P 500 slipped 0.06% to end at 2,182.64 points, while the Nasdaq gained 0.12% to 5,244.60 points.
Oil remained under pressure after shedding 3 percent on Monday. Prices retreated from two-month highs on worries about burgeoning Chinese fuel exports, more Iraqi and Nigerian crude shipments and a rising US oil rig count.
On the economy front, the selection panel to appoint three government nominees for the monetary policy committee (MPC) held its first meeting recently to consider the candidates, a top Finance Ministry official said.
Moody’s Investors Service said that India’s growth outlook is positive, in its annual credit analysis of government bonds.
The initial public offering of RBL Bank Ltd, excluding the anchor allotment, was subscribed 308.33% or 3.08 times on Monday, the second of the three-day offering. The Rs.1,211.2 crore IPO, which opened on Friday, will close on 23 August.
The Sensex opened 27.02 points up at 28,012.56, while Nifty opened 0.80 points down at 8,628.35
At 10:58 AM, the S&P BSE Sensex is trading at 27,959 down 26 points, while NSE Nifty is trading at 8,623 down mere six points.
The BSE Mid-cap Index is trading down 0.33% at 12,939 whereas BSE Small-cap Index is trading up 0.09% at 12,453.
TCS, Infosys, GAIL, Wipro, Asian Paints, Axis Bank and Adani Ports are among the gainers, whereas ITC, Bajaj Auto, SBI, L&T, Sun Pharma and Hero MotoCorp are losing sheen on BSE.
Some buying activity is seen in IT, utilities, metal and telecom sectors, while oil & gas, FMCG, capital goods, finance and power showing weakness on BSE.
The INDIA VIX is down 0.57% at 14.1525. Out of 1,850 stocks traded on the NSE, 739 declined, 779 advanced and 332 remained unchanged today.
A total of 46 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE.
Indraprastha Gas Ltd is currently trading at Rs. 773, up by Rs. 43.85 or 6.01% from its previous closing of Rs. 729.15 on the BSE. The company has posted a net profit after tax of Rs.148 crore for the quarter ended June 30, 2016 as compared to Rs.102.5 crore for the quarter ended June 30, 2015.
The rupee opened higher by six paise at 67.12/$ against US Dollar Tuesday as against the previous close of 67.18/$.
Asian markets are trading mixed. Shanghai Composite is trading in green, while Nikkei 225 and Hong Kong's Hang Seng are trading lower by 0.22%.
Wall Street stocks closed mostly lower on Monday, as investors looked ahead to a key speech from a top Federal Reserve official. The Dow Jones Industrial Average closed 0.12% lower, at 18,529.42 points. The S&P 500 slipped 0.06% to end at 2,182.64 points, while the Nasdaq gained 0.12% to 5,244.60 points.
Oil remained under pressure after shedding 3 percent on Monday. Prices retreated from two-month highs on worries about burgeoning Chinese fuel exports, more Iraqi and Nigerian crude shipments and a rising US oil rig count.
On the economy front, the selection panel to appoint three government nominees for the monetary policy committee (MPC) held its first meeting recently to consider the candidates, a top Finance Ministry official said.
Moody’s Investors Service said that India’s growth outlook is positive, in its annual credit analysis of government bonds.
The initial public offering of RBL Bank Ltd, excluding the anchor allotment, was subscribed 308.33% or 3.08 times on Monday, the second of the three-day offering. The Rs.1,211.2 crore IPO, which opened on Friday, will close on 23 August.
No comments:
Post a Comment