Wednesday 22 March 2017

Live Stock Market Updates – Markets off day’s low, Nifty around 9060, Realty Stocks gain

Realty stocks are gaining ground in lunch hours of Wednesday’s trade. Stocks such as, Sobha is up by 6.1%, Godrej Properties is up by 4%, Oberoi Realty is up by 4.1%, Prestige is up by 2.4% and HDIL is up by 0.6% on the BSE.
 
Meanwhile, some of the stocks in the BSE Realty index are trading in red such as, Unitech is down by 1.8%, DLF is down by 1.5%, Phoenix is down by 1.3%, Indiabulls Real Estate is down by 1% and Omaxe is down by 0.6%
 
At 1 PM, the S&P BSE Sensex is trading at 29290 down 195 points, while NSE Nifty is trading at 9062 down 59 points. A total of 32 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading down 0.6% at 13765, whereas BSE Small-cap Index is trading down 0.4% at 13958.
 
Some buying activity is seen in Realty index, while FMCG, Utilities, Capital Goods and Metal indices are showing weakness on BSE.
 
Axis Bank, Dr Reddy’s Labs, HCT Tech, Cipla, Wipro and Sun Pharma are among the gainers, whereas Bharti Airtel, Hindalco, M&M, ICICI Bank, BHEL, BPCL and Tata Motors DVR are losing on the NSE.
 
The INDIA VIX is up 1.6% at 12.1.

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