Friday 9 June 2017

Live Stock Market Updates – Lacklustre trade on D-Street, Hydropower stocks sizzle

Analytics graphAdani Ports, GAIL and Wipro were down 1-2% followed by ITC, ICICI Bank, HDFC, Tata Motors and SBI whereas Reliance Industries and Maruti 1% each.
 
NHPC is majorly contributing to BSE Power gains. NHPC was trading higher by 5.4% at Rs 33.20 per share at 10;04 hours IST. It also hit a 52-week high value of Rs 34.25.
 
The government has reportedly decided to provide a Rs 16,000 crore bailout package to the hydropower sector.
 
At 11 AM, the S&P BSE Sensex is trading at 31135 down 77 points, while NSE Nifty is trading at 9624 down 23 points. A total of 65 stocks registered a fresh 52-week high in trade today, while 24 stocks touched a new 52-week low on the NSE.
 
There are 784 advances, 791 declines and 375 unchanged stocks on NSE reflecting a flattish floating in the market.
 
The BSE Mid cap Index is trading down 0.05% at 14827, while BSE Small cap Index is trading up 0.4% at 15536.
 
Some buying activity is seen in Oil & Gas, Power and Realty and Bankex, Auto, Telecom and Finance showing weakness on BSE.
 
Maruti, Indiabulls Housing Finance, Vedanta, Reliance and YES Bank are among the gainers, whereas Tech Mahindra, Infosys, Adani Ports, GAIL, Wipro, Lupin are losing on the NSE.
 
The INDIA VIX is down 1.4% at 10.

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