Monday, 28 November 2016

Sensex, Nifty end flat; Airtel zooms 6%

Closing Bell:

The BSE Sensex ended with a gain of 34 points at 26,350. The benchmark indices opened at 26,304 touched an intra-day high of 26,414 and low of 26,183.

The NSE Nifty closed 13 points higher at 8,127 points. it opened at 8,081 points, hitting a high of 8,147 and low of 8,067.

Live Market:

The domestic market are trading flat due to lack of directional cues from global markets.The Indian stock market has opened in red as the SENSEX is down 118.97 points, while the NIFTY 50 is down 39.25 points. Banking stocks slip in opening trade after RBI hikes CRR on incremental deposits. The central bank hopes to curtail surging banking system liquidity that risks stocking inflation.

At 1:24 PM, the S&P BSE Sensex is trading at 26,333, up 17 points, while NSE Nifty is trading at 8,136 up 22 points. Out of 1,889 stocks traded on the NSE, 400 declined, 1,150 advanced and 339 remained unchanged today. 

A total of 17 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.69% at 12,267, whereas BSE Small-cap Index is trading up 0.82% at 12,127.

Power Grid, BPCL, Idea Cellular, Bharti Airtel and Hero MotoCorp are among the gainers, whereas Bank of Baroda, ICICI Bank, SBI, Wipro and TCS are losing sheen on BSE.

Some buying activity is seen in media, metal, auto, pharma and IT sectors, while PSU Bank, Bank Nifty and Private Bank are showing weakness on NSE.

The INDIA VIX is down 2.01% at 17.2575.

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