The Indian stock markets open on a positive note but later pared gains to turn red on Monday. The Nikkei India Manufacturing Purchasing Managers' Index, or PMI, fell to 49.6 in December from November's 52.3. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.
At 1:55 PM, the S&P BSE Sensex is trading at 26,609 down 17 points, while NSE NIFTY is trading at 8,180 down mere down five points.
The BSE Mid-cap Index is trading up 0.53% at 12,095, whereas BSE Small-cap Index is trading up 0.96% at 12,161.
Eicher Motors, UltraTech Cement, Ambuja Cements, ACC and BHEL are among the gainers, whereas HDFC, SBI, Bajaj Auto, Bank of Baroda, ICICI Bank are losing sheen on NSE.
A total of 15 stocks registered a fresh 52-week high in trade today, while 16 stocks touched a new 52-week low on the NSE.
Out of 1,901 stocks traded on the NSE, 555 declined, 955 advanced and 391 remained unchanged today.
Some buying is observed in realty, media, metal, auto and pharma sectors while financial services, IT, Bank Nifty, FMCG are showing weakness on NSE.
The INDIA VIX is up 3.89% at 16.0675.
At 1:55 PM, the S&P BSE Sensex is trading at 26,609 down 17 points, while NSE NIFTY is trading at 8,180 down mere down five points.
The BSE Mid-cap Index is trading up 0.53% at 12,095, whereas BSE Small-cap Index is trading up 0.96% at 12,161.
Eicher Motors, UltraTech Cement, Ambuja Cements, ACC and BHEL are among the gainers, whereas HDFC, SBI, Bajaj Auto, Bank of Baroda, ICICI Bank are losing sheen on NSE.
A total of 15 stocks registered a fresh 52-week high in trade today, while 16 stocks touched a new 52-week low on the NSE.
Out of 1,901 stocks traded on the NSE, 555 declined, 955 advanced and 391 remained unchanged today.
Some buying is observed in realty, media, metal, auto and pharma sectors while financial services, IT, Bank Nifty, FMCG are showing weakness on NSE.
The INDIA VIX is up 3.89% at 16.0675.
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