Monday 19 September 2016

Live Stock Market Updates - Sensex, Nifty flat; oil & gas, banking gain

At 9:32 AM, the S&P BSE Sensex is trading at 28,596 down mere three points, while NSE Nifty is trading at 8,786 up mere six points.

The BSE Mid-cap Index is trading up 0.32% at 13,092 whereas BSE Small-cap Index is trading up 0.41% at 12,816.

ICICI Bank, GAIL, Tata Motors, SBI, TCS and Asian Paints are among the gainers, whereas Infosys, Maruti Suzuki, HDFC, Wipro, Axis Bank and Bharti Airtel are losing sheen on BSE.

Some buying activity is seen in oil & gas, banking, auto, basic materials, energy and pharma sectors, while teleco, capitals goods, realty and teck sectors are showing weakness on BSE.

The INDIA VIX is up 0.60% at 14.6675. Out of 1,846 stocks traded on the NSE, 463 declined, 963 advanced and 420 remained unchanged today.

A total of 26 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE.

The rupee opened higher three paise at 66.95/$ against US Dollar Monday as against the previous close of 66.98/$.

Asian markets are trading mixed on Monday ahead of central bank meetings in the United States and Japan this week. Japanese market is closed on Monday for a public holiday.  Shanghai Composite and Hang Seng up 0.50%.

Wall Street closed lower on Friday. The Dow Jones industrial average fell 0.49% to end at 18,123 points. The S&P 500 dropped 0.38% and the Nasdaq slipped 0.1% to 5,244.57 points. Investors will look for clarity from the US Federal Reserve on the timing of the next interest rate hike, with many analysts suggesting a rise in September was unlikely following a series of lower-than-expected economic data. Crude oil prices fell 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages.

The combined market valuation of five of the 10 most valued Indian firms rose by Rs.21,622.89 crore last week, with RIL emerging as the biggest gainer.

GNA Axles' 63 lakh equity shares public issue has oversubscribed 54.88 times on Friday, the last day of subscription.

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