Monday, 17 October 2016

Nifty ends below 8,850

Closing Bell:


Finally, the BSE Sensex ended with a loss of 144 points at 27,530. The BSE Sensex opened at 27,776 touched an intra-day high of 27,803 and low of 27,488.

The NSE Nifty closed with a loss of 63 points at 8,520. The NSE Nifty opened at 8,613 hitting a high of 8,615 and low of 8,506.

Live Market:

The Indian stock markets are trading flat to slightly higher on Monday despite mixed cues from other Asian markets. The Sensex opened 102.54 points, or 0.37% up at 27,776.14, while Nifty opened 29.55 points, or 0.34% up at 8,612.95.
 
The Sensex hit a 14-week low, while the Nifty hit its lowest level in more than 10 weeks. European stock markets were trading lower as investors remained cautious ahead of earnings, key data and a European Central Bank meeting later this week.

The Sensex and Nifty pared gain and turned choppy weighed down by losses in metal, auto, telecom, and capital goods stocks.

At 2:18 PM, the S&P BSE Sensex is trading at 27,5894 down 84 points, while NSE Nifty is trading at 8,539 down 45 points.

The BSE Mid-cap Index is trading down 0.59% at 13,341 whereas BSE Small-cap Index is trading down 0.14% at 13,159.

ICICI Bank, NTPC, Coal India, Tata Steel and SBI are among the gainers, whereas M&M, Hero MotoCorp, HDFC Bank and Asian Paints are losing sheen on BSE.

Some buying activity is seen in banking and consumer durables sectors, while auto, telecom, capital goods,IT, industrial and pharma are showing weakness on BSE.

The INDIA VIX is up 5.70% at 15.7375. Out of 1,889 stocks traded on the NSE, 900 declined, 726 advanced and 263 remained unchanged today.

A total of 86 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE.

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