Thursday 27 April 2017

Live Stock Market Updates – Markets trade range bound, Metal stocks lose shine, NMDC slips in red

The BSE Metal index is the top losing index post lunch hours on Thursday, with Tata Steel and Hindalco together majorly contributing to the index losses and dragging it to lower levels.
 
The index is trading at 11167 down by 0.76%.
 
The stocks that are dragging the index down are NMDC, Tata Steel, Hindustan Zinc, Hindalco and JSW Steel.
 
NMDC is trading down by 2%, Tata Steel is down by 1.5%, Hindustan Zinc is down by 1.2%, JSW Steel is down by 1% and Hindalco is down by 0.94%.
 
The only stock in the index that is trading in green is Vedanta. The stock is up by 0.19% at Rs 234.
 
At 3 PM, the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. A total of 82 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 0.12% at 14779, while BSE Small-cap Index is trading up 0.09% at 15296.
 
Some buying activity is seen in Utilities, Information Technology and Telecom indices, while Metal, FMCG and Healthcare indices are showing weakness on BSE.
 
HCL Tech, Power Grid, ZEEL and IOC are among the gainers, whereas Tata Steel, M&M, Hindalco, Sun Pharma and Grasim are losing on the NSE.
 

The INDIA VIX is down 3.9% at 11.2.