Friday 21 October 2016

Nifty trades below 8,700 level

The Sensex and Nifty declined in opening deals tracking profit-booking in banking shares. At 12:04 PM, the S&P BSE Sensex is trading at 27,999 down 130 points, while NSE Nifty is trading at 8,664 down 35 points.

The BSE Mid-cap Index is trading down 0.07% at 13,551 whereas BSE Small-cap Index is trading up 0.09% at 13,430.

GAIL, Dr.Reddy's, TCS, Wipro, Maruti Suzuki and Bajaj Auto are among the gainers, whereas RIL, ONGC, HDFC, Tata Steel and Axis Bank are losing sheen on BSE.

Some buying activity is seen in realty, IT and teck sectors, while metal, banking, finance, energy and telecom are showing weakness on BSE.

The INDIA VIX is down 0.93% at 14.0325. Out of 1,878 stocks traded on the NSE, 813 declined, 742 advanced and 323 remained unchanged today.

A total of 77 stocks registered a fresh 52-week high in trades today, while five stocks touched a new 52-week low on the NSE.

The rupee opened lower by 9 paise at 66.89/$ as against the previous close of 66.80/$.

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