Nifty closes higher at 9086, Sensex above 160 points, Hindustan Zinc soars nearly 3%

.NSE Nifty closed at 9086 levels, up by 55 points or 0.6%. BSE Sensex closed at 29,332 levels, up by 164 points or 0.5%.
 
There were 1059 advances, 563 declines and 304 unchanged stocks on NSE, reflecting bullish undertone floating in the market.
 Yes Bank was the top Nifty gainer whereas, TCS was the top Nifty loser in Thursday’s trading session.
 
While, BSE Mid-cap Index closed up 0.9% at 13853 whereas, BSE Small-cap Index closed up 0.9% at 14027.

BSE Metal index was sizzling on Thursday’s trade, with Vedanta Steel contributing majorly to the index gains lifting it to higher levels
 
Vedanta Steel closed at Rs 2 per share down by Rs 5.4 or 2%, While Hindustan Zinc closed at Rs 320.3 per share down by Rs 8 or 2.7%.

Live Stock Market Updates: Nifty hovers around 9060; Bhushan Steel up by 4%

Nifty Metal index is the top gainer among the sectoral indices on NSE. Bhushan Steel Limited is the top gainer in the index trading higher by Rs 54.8 per share, up by Rs 2.1 per share or nearly 4%.
 
Hindustan Zinc Limited is trading higher by Rs 321.1 per share up by Rs 9.2 per share or nearly 3%.
 
There are 1135 advances, 444 declines and 344 unchanged stocks on NSE reflecting strong positivity floating in the market.
 
At 1 PM, the S&P BSE Sensex is trading at 29256 up 88 points, while NSE Nifty is trading at 9068 up 38 points. A total of 49 stocks registered a fresh 52-week high in trade today, while 25 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 0.8% at 13832, whereas BSE Small-cap Index is trading up 0.9% at 14033.
 
All the sectoral indices on BSE are trading in positive territory except BSE FMCG index. FMCG heavyweight, ITC Limited is dragging the index.
 
GAIL, L&T, BPCL, Aurobindo Pharma and Tata Motors are among the gainers, whereas ITC, Bank of Baroda, Eicher Motors, Bosch Limited, Hindustan Unilever Limited and BHEL are losing sheen on NSE.
 
The INDIA VIX is down 1.1% at 12.1.

Opening Bell – Bulls dominate bears; BPCL top Nifty gainer

At 9:15 AM, the BSE Sensex opened higher by 59 points at 29230, while the Nifty50 opened higher by 24 points at the 9055 mark.
 
BPCL is the top Nifty gainer and Yes Bank is the top Nifty loser in the morning hours. BPCL is trading at Rs 654 per share up by 1.2%. Yes Bank is trading at Rs 1465 per share down by 0.4%.
 
There are 949 advances, 407 declines and 463 unchanged stocks on NSE reflecting fairly positive bias floating in the market.
 
The level of 8,980-9,000 is an important level to watch out for. On the upside, Nifty50 needs to cross and hold above the level of 9,075 to continue its upward movement.
 
The rupee opened at 65.40 per dollar higher by 4 paise.
 
The US stock market bounced back from the previous day sell-off to close marginally higher on Wednesday as gains in tech stocks helped lift indices. However, a 7% drop in Nike Inc shares weighed on Dow Industrials, which posted a fifth consecutive decline. The S&P 500 gained 4 points to close at 2,348. The Nasdaq Composite closed 28 points higher at 5,822. The Dow Jones Industrial Average closed 7 points lower at 20,661.
 
Asian stocks are trading with a positive bias on Thursday as rebound in the US equities provided some relief to the market after a sell-off on Wednesday. Japan’s Nikkei 225 is trading with gains of 9 points. Hang Seng is trading higher by 96 points and Shanghai Composite has gained 7 points.