Tuesday, 21 February 2017

Live Stock Market Updates: Nifty down by 12 points; Broader markets outperform the major indices


There are 954 advances, 647 declines and 307 unchanged stocks on NSE reflecting positive sentiments floating in the market.
 
BSE Small-cap stocks are buzzing on Tuesday. Kirloskar Electric Company Ltd is trading at Rs 41.10 per share, up by Rs 1.85 per share or 4.71%. Madhucon Projects Ltd. is trading at Rs 47.50 per share, up by Rs 2.65 per share or 5.91%. Kirloskar Brothers Ltd., is trading at Rs 238 per share, up by Rs 12.95 per share or 5.75%.
 
India Cements Ltd., is trading at Rs 171.40 per share, up by Rs 8.65 per share or 5.31%. Eros International Media Ltd. is trading at Rs 216.60 per share, up by Rs 12.85 per share or 6.31%.
 

At 1:00 PM, the S&P BSE Sensex is trading at 28614.26 down 47.32 points, while NSE Nifty is trading at 8867.05 down 12.15 points. A total of 58 stocks registered a fresh 52-week high in trade today, while 9 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 0.44% at 13573.51, while BSE Small-cap Index is trading up 0.44% at 13649.96.
 
Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while FMCG, Information Technology and Telecom are showing weakness on BSE.
 
Axis Bank, Tech Mahindra, BPCL, HCL Tech, Hindalco and Tata Steel are among the gainers, whereas Infratel, Bharti Airtel, ITC, Ambuja Cement and Tata Power are losing sheen on NSE.
 
The INDIA VIX is up 0.55% at 13.68.

Live Stock Market Updates: Nifty trades flat close to 8900, Wockhardt witness profit booking

Nifty Metal index is buzzing in the morning hours with gains of 1.19%. Jindal Steel and Power Limited is on the top position in Nifty Metal index. The stock is trading at Rs 105.85 per share, up by Rs 5.70 per share or 5.69%.
 

Other Metal stocks like National Aluminium Company Limited, Welspun Corp Limited and Bhushan Steel Limited are trading with gains of more than 3%.
 
Wockhardt Limited is witnessing profit booking with decline in its open interest by 1.55% and decline in share price by 0.46%.
 
At 10:00 AM, the S&P BSE Sensex is trading at 28680.75 up 19.17 points, while NSE Nifty is trading at 8889 up 9.80 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 7 stocks touched a new 52-week low on the NSE.

 
The BSE Mid-cap Index is trading up 0.56% at 13590.00, while BSE Small-cap Index is trading up 0.54% at 13662.53.

 
Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while FMCG, Telecom are showing weakness on BSE.
 
BPCL, HCL Tech, Tech Mahindra, Hindalco and Tata Steel are among the gainers, whereas Bharti Airtel, Infratel, ITC, Ambuja Cement and Zee Entertainment Enterprises are losing sheen on NSE in the first trading hour.

 
The INDIA VIX is up 4.15% at 14.17.

Opening Bell - Nifty opens firmly above 8850 level; Infosys top Nifty gainer

At 9:15 AM,, the BSE Sensex opened higher by 55.12 points at 28716.70, while the Nifty50 opened higher by 11.55 points at the 8890.75 mark.
 
Infosys is the top Nifty gainer whereas UltraTech Cement is the top Nifty loser in the morning hours on Tuesday’s trading session. Infosys is trading at Rs 1021.85 per share up by 1.15%. UltraTech Cement is trading at Rs 3740 per share down by 0.44%.
 
There are 863 advances, 502 declines and 414 unchanged stocks on NSE in the morning hours reflecting strong positive undertone floating in the market.
 
The rupee opened at 66.92 per dollar up by 9 paise.
 
The US markets will open today after President’s Day holiday on Monday.
 
On Tuesday, Asian shares are trading with positive sentiments. Yhe Japan’s Nikkei 225 surged 85 point as weaker yen supported exporters in Japan. Hang Seng index gained 34 points and Shanghai Composite rose 9 points.
 

The European markets closed with mixed sentiments. FTSE 100 closed flat with slight negative bias. German DAX closed with gains of 70.60 points. CAC 40 of France closed lower by 2.59 points.
 
The crude oil rose above $53 a barrel on optimism over the effectiveness of production cuts by the Organisation of the Petroleum Exporting Countries (OPEC) and other oil producing nations against increasing US supply.