Tuesday 18 April 2017

Live Stock Market Updates: Bulls continue to dominate; Adani group stocks surge

Adani Enterprises Limited is trading higher by nearly 25% in the Tuesday’s trading session. The stock is the top open interest gainer on Tuesday. It has witnessed addition in its open interest by 51.3% showing strong long built up position in the stock.
 
Other Adani group stocks are also showing strong positivity in the market. Adani Power Limited is trading higher by 3.6% at Rs 34.1 per share. Adani Ports stock is trading higher by nearly 3% at Rs 329.35 per share. Adani Transmission Limited is also trading up by 6% at Rs 88.15 per share.
 
There are 1140 advances, 486 declines and 324 unchanged stocks on NSE reflecting strong positive undertone in the market.
 
At 1 PM, the S&P BSE Sensex is trading at 29592 up 178 points, while NSE Nifty is trading at 9193 up 54 points. A total of 132 stocks registered a fresh 52-week high in trade today, while 11 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 0.89% at 14515, while BSE Small-cap Index is trading up 0.93% at 15092.
 
All the sectoral indices on BSE are trading in positive territory.
 
Hindalco Industries Limited, Adani Ports, Tata Steel, Bank of Baroda and IOC are among the gainers, whereas Coal India, Mahindra and Mahindra, Ambuja Cements, Sun Pharmaceuticals and Ultratech Cement are losing sheen on NSE.
 
The INDIA VIX is down 1.76% at 11.68.