The domestic market opened flat on Wednesday after GST council proposed a 'four-slab structure,' with two standard goods and services tax rates of 12% and 18% during its meet on Tuesday.
At 12:39 PM, the S&P BSE Sensex is trading at 27,985 down 65 points, while NSE Nifty is trading at 8,664 down 14 points.
The BSE Mid-cap Index is trading down 0.03% at 13,540 whereas BSE Small-cap Index is trading up 0.65% at 13,365.
The Sensex pared gains after rallying over 50 points, while The Nifty turned choppy but was still trading above its crucial psychological support level of 8,650 levels.
GAIL, Wipro, Sun Pharma, Lupin, Axis Bank and ONGC are among the gainers, whereas ITC, ICICI Bank, M&M, Hero MotoCorp, and TCS are losing sheen on BSE.
Some buying activity is seen in pharma, oil & gas, power, consumer durables and energy sectors, while auto, realty, banking, IT, industrial and telecom are showing weakness on BSE.
The INDIA VIX is up 0.61% at 14.6275. Out of 1,878 stocks traded on the NSE, 605 declined, 915 advanced and 358 remained unchanged today.
A total of 72 stocks registered a fresh 52-week high in trades today, while six stocks touched a new 52-week low on the NSE.
The rupee opened higher by four paise at 66.68/$ as against the previous close of 66.72/$.
Asian markets to open flat after a superb rally yesterday which saw indices stage a sharp comeback. Strength in the US$ could see collateral selling in Japanese stocks as the "yen hits 103 to the US$. The undertone however seems to be bullish with the Brazilian 'Bovespa" index leading from the front & hitting new 52 week highs. The commodity/energy led index is seeing huge out-performance in the emerging market basket of indices & which yesterday saw China & India also comeback strongly. All eyes were on the Chinese gross domestic product (GDP) report.
Wall Street closed higher on Tuesday. The Dow Jones industrial average rose 75.54 points to 18,161.94, the S&P 500 gained 13.1 points to 2,139.6 and the Nasdaq Composite added 44.01 points to 5,243.84. The S&P 500 posted 4 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 47 new highs and 60 new lows.
At 12:39 PM, the S&P BSE Sensex is trading at 27,985 down 65 points, while NSE Nifty is trading at 8,664 down 14 points.
The BSE Mid-cap Index is trading down 0.03% at 13,540 whereas BSE Small-cap Index is trading up 0.65% at 13,365.
The Sensex pared gains after rallying over 50 points, while The Nifty turned choppy but was still trading above its crucial psychological support level of 8,650 levels.
GAIL, Wipro, Sun Pharma, Lupin, Axis Bank and ONGC are among the gainers, whereas ITC, ICICI Bank, M&M, Hero MotoCorp, and TCS are losing sheen on BSE.
Some buying activity is seen in pharma, oil & gas, power, consumer durables and energy sectors, while auto, realty, banking, IT, industrial and telecom are showing weakness on BSE.
The INDIA VIX is up 0.61% at 14.6275. Out of 1,878 stocks traded on the NSE, 605 declined, 915 advanced and 358 remained unchanged today.
A total of 72 stocks registered a fresh 52-week high in trades today, while six stocks touched a new 52-week low on the NSE.
The rupee opened higher by four paise at 66.68/$ as against the previous close of 66.72/$.
Asian markets to open flat after a superb rally yesterday which saw indices stage a sharp comeback. Strength in the US$ could see collateral selling in Japanese stocks as the "yen hits 103 to the US$. The undertone however seems to be bullish with the Brazilian 'Bovespa" index leading from the front & hitting new 52 week highs. The commodity/energy led index is seeing huge out-performance in the emerging market basket of indices & which yesterday saw China & India also comeback strongly. All eyes were on the Chinese gross domestic product (GDP) report.
Wall Street closed higher on Tuesday. The Dow Jones industrial average rose 75.54 points to 18,161.94, the S&P 500 gained 13.1 points to 2,139.6 and the Nasdaq Composite added 44.01 points to 5,243.84. The S&P 500 posted 4 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 47 new highs and 60 new lows.
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