Live Stock Market Updates - Nifty trades above 8750 mark

At 9:29 AM, the S&P BSE Sensex is trading at 28,380 up 136 points, while NSE Nifty is trading at 8,776 up 38 points.

The BSE Mid-cap Index is trading up 0.50% at 13,550 whereas BSE Small-cap Index is trading up 0.69% at 13,213.

ONGC, Hero MotoCorp, Adani Ports, RIL, GAIL and Cipla are among the gainers, whereas Coal India, Bharti Airtel and L&T are losing sheen on BSE.

Some buying activity is seen in oil & gas, auto, pharma, industrial and energy sectors, while banking is showing weakness on BSE.

The INDIA VIX is down 1.42% at 15.3975. Out of 1,842 stocks traded on the NSE, 387 declined, 1,059 advanced and 396 remained unchanged today.

A total of 66 stocks registered a fresh 52-week high in trades today, while 5 stocks touched a new 52-week low on the NSE.

The rupee opened higher four paise at 66.54/$ against US Dollar Tuesday as against the previous close of 66.58/$.

Asian equities were mixed in early trading on Tuesday. Nikkei 225 and Shanghai Composite are traging in green, while Hang Seng is trading marginally lower.

Wall Street closed lower on Monday. The Dow Jones industrial average fell 0.30% to close at 18,253.85 points. The S&P 500 fell 0.33% to end at 2,161.20 points. The Nasdaq slid 0.21% to close at 5,300.87 points.

HPL Electric and Power Limited ("HPL"), a multi-product electric equipment company, will make its stock market debut today.

The World has said India's GDP growth will remain strong at 7.6 pc in 2016 and 7.7pc in 2017. The reasons are known- A rebound in agriculture, civil service pay reforms supporting consumption, increasingly positive contributions from exports and a recovery of private investment in the medium term.

Sensex rallies over 350 points; Metal, Auto stocks lead

Closing Bell:
Finally, the BSE Sensex ended with a gain of 377 points at 28,243. The BSE Sensex opened at 27,997 touched an intra-day high of 28,273 and low of 27,920.

The NSE Nifty closed with a gain of 127 points at 8,738. The NSE Nifty opened at 8,666 hitting a high of 8,745 and low of 8,635.

Among the 50 stocks of the Nifty, Zee, Eicher Motors, Maruti Suzuki, Hero MotoCorp, Power Grid, Adani Ports and Asian Paints were among the gainers, whereas TCS, Bharti Infratel and Bosch were among the losers today.

Live Market:

The India equity market opened higher on Monday on supportive global cues. The domestic market makes a sharp move after Pakistan PM Advisor confirms that India & Pakistan has decided to reduce tensions, as per TV report. 

The domestic market extended gains for the second day on optimistic buying ahead of the RBI policy review on Tuesday amid a firming rupee. The market are trading near day’s high led by strong gains among rate-sensitive sectors like auto, financials and realty.

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) a gauge of manufacturing performance settled at 52.1 in September, from 52.6 in August.

The S&P BSE Sensex is trading at 28,248 up 382 points, while NSE Nifty is trading at 8,732 up 121 points.

The BSE Mid-cap Index is trading up 2.20% at 13,457 whereas BSE Small-cap Index is trading up 2.36% at 13,082.

Adani Ports, Maruti Suzuki, M&M, Hero MotoCorp and Asian Paints are among the gainers, whereas TCS, Infosys, HUL, ICICI Bank and Wipro are losing sheen on BSE.

Some buying activity is seen in realty, auto, media, capital goods, metal and pharma sectors, while IT is showing weakness on NSE.

The INDIA VIX is down 5.54% at 16.2775. Out of 1,871 stocks traded on the NSE, 212 declined, 1,394 advanced and 265 remained unchanged today.

A total of 55 stocks registered a fresh 52-week high in trades today, while 15 stocks touched a new 52-week low on the NSE.

Sensex, Nifty remain strong

The India equity market opened higher on Monday on supportive global cues. The domestic market makes a sharp move after Pakistan PM Advisor confirms that India & Pakistan has decided to reduce tensions, as per TV report. 

The domestic market extended gains for the second day on optimistic buying ahead of the RBI policy review on Tuesday amid a firming rupee. The market are trading near day’s high led by strong gains among rate-sensitive sectors like auto, financials and realty.

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) a gauge of manufacturing performance settled at 52.1 in September, from 52.6 in August.

The S&P BSE Sensex is trading at 28,163 up 296 points, while NSE Nifty is trading at 8,714 up 103 points.

The BSE Mid-cap Index is trading up 1.76% at 13,398 whereas BSE Small-cap Index is trading up 1.90% at 13,023.

Adani Ports, Maruti Suzuki, M&M, Hero MotoCorp and Asian Paints are among the gainers, whereas TCS, Infosys, HUL, ICICI Bank and Wipro are losing sheen on BSE.

Some buying activity is seen in realty, auto, media, capital goods, metal and pharma sectors, while IT is showing weakness on NSE.

The INDIA VIX is down 5.54% at 16.2775. Out of 1,871 stocks traded on the NSE, 212 declined, 1,394 advanced and 265 remained unchanged today.

A total of 55 stocks registered a fresh 52-week high in trades today, while 15 stocks touched a new 52-week low on the NSE.

The rupee opened higher eight paise at 66.54/$ against US Dollar Monday as against the previous close of 66.62/$.

Asian markets opened mixed on Monday. Nikkei 225 and Hang Seng gained over 1% each, while Shanghai Composite is trading marginally higher.

On the economy front, Fiscal deficit in the first five months of the current fiscal stood at Rs. 4.08 trn, which was 76.4% of Budget estimates for 2016-17. India's eight core industries, which have a weight of 37.90 percent in the Index of Industrial Production (IIP), grew by 3.2 percent in August, 2016 as compared to the same monthof the previous year.

The monetary policy committee (MPC) meets today and tomorrow and the new RBI governor will announce the policy post lunch tomorrow. The dollar is firming up while the sterling hit over a month-low after Britain set a March deadline for Brexit.

Market participants are anxiously awaiting the Monetary Policy Review on October 4, the first to be held under the newly appointed RBI Governor Urjit Patel and the first to be decided by a six-member panel.

On the global front, the US non farm payrolls report for September would come on Friday.

India's foreign exchange reserves increased by $1.2 billion to $371 billion in the week ended September 23, the Reserve Bank of India said.

India’s largest-ever spectrum auction kicked off with major telecom operators placing bids worth Rs. 535.31 bn across bands, even as the premium 700Mhz and 900Mhz frequencies did not find any buyer.

Sensex rallies over 150 points; Realty, Auto stocks gain

The S&P BSE Sensex is trading at 28,018 up 152 points, while NSE Nifty is trading at 8,666 up 55 points.

The rupee opened higher eight paise at 66.54/$ against US Dollar Monday as against the previous close of 66.62/$.

Asian markets opened mixed on Monday. Nikkei 225 and Hang Seng gained over 1% each, while Shanghai Composite is trading marginally higher.

Wall Street closed higher on Friday. The Dow Jones industrial average rose 0.91% to close at 18,308.15 points. The S&P 500 gained 0.80% and the Nasdaq advanced 0.81% to close at 5,312 points.

Combined market valuation of nine of the top 10 most valued Indian companies plummeted by Rs 57,065.11 crore during the week that ended on September 30. ITC's valuation plunged by Rs 14,883.32 crore to Rs 2,92,281.77 crore.

On the economy front, Fiscal deficit in the first five months of the current fiscal stood at Rs. 4.08trn, which was 76.4% of Budget estimates for 2016-17. India's eight core industries, which have a weight of 37.90 percent in the Index of Industrial Production (IIP), grew by 3.2 percent in August, 2016 as compared to the same monthof the previous year.

Nikkei Manufacturing PMI for Sept will be announced today. The monetary policy committee (MPC) meets today and tomorrow and the new RBI governor will announce the policy post lunch tomorrow. The dollar is firming up while the sterling hit over a month-low after Britain set a March deadline for Brexit.

Market participants are anxiously awaiting the Monetary Policy Review on October 4, the first to be held under the newly appointed RBI Governor Urjit Patel and the first to be decided by a six-member panel.

On the global front, the US non farm payrolls report for September would come on Friday.

India's foreign exchange reserves increased by $1.2 billion to $371 billion in the week ended September 23, the Reserve Bank of India said.

India’s largest-ever spectrum auction kicked off with major telecom operators placing bids worth Rs. 535.31 bn across bands, even as the premium 700Mhz and 900Mhz frequencies did not find any buyer.

Nifty ends above 8,600 mark

The key benchmark swung between gains and losses but finally closed higher today. After opening on a flat note indices remained under pressure and slipped lower in the first half. Finally, a late bout of buying across realty, oil & gas, metal, industrial, auto, and energy and utilities stocks lifted the benchmarks although the FMCG counters continued to trade soft.

Finally, the BSE Sensex ended with a gain of 38 points at 27,866. It opened at 27,808, touched an intra-day high of 27,955, and hit a low of 27,716.

The NSE Nifty closed with a gain of 20 points at 8,611. It opened at 8,582, hitting a high of 8,637 and low of 8,555.

Sentiments got some support on IMF Managing Director Christine Lagarde stating that India is embarking on significant reforms and will grow at more than 7%.

Among the 50 stocks of the Nifty, Aurobindo Pharma, Bank of Baroda, Grasim, M&M, GAIL, ONGC, Yes Bank and Tata Power were among the gainers, whereas Cipla, Tech Mahindra, Coal India, ITC, Ambuja Cement, Bharti Infratel and Dr.Reddy's were among the losers today.

The small-cap and mid-cap stocks rebounded even as the main indices extended losses after falling the most in 3-months following the nation’s attack on terrorists in Pakistan. In the broader market, the BSE Smallcap index gained over 1.9% while the BSE Midcap index was up 2%.

On the economy front, EPFO has decided to invest 10% of its annual incremental deposits or an estimated Rs.13,000 cr in the current fiscal in equity exchange traded funds (ETFs).

Market participants are anxiously awaiting the Monetary Policy Review on October 4, the first to be held under the newly appointed RBI Governor Urjit Patel and the first to be decided by a six-member panel.

The India VIX (Volatility) index was down 6.88% at 17.1800. Out of 1,421 stocks traded on the NSE, 1,186 declined and 215 advanced today.

The rupee was trading up by 24 paise at 66.61 per US dollar.

On the global front, Asian stocks fell today as the rally in oil prices subsided and growing worries about the European banking system hit financial shares.

China's Shanghai Composite index inched up 0.23% to 3,005.51 after a private gauge of Chinese factory activity pointed to a modest expansion in September, adding to recent signs of stability. Hong Kong’s Hang Seng and Japan’s Nikkei slipped over 1.5% each.

European stocks are trading lower. The FTSE 100 is down 0.89% while the CAC 40 and DAX have tumbled 1% each.

Cipla dropped 3.4% after the company said the US health regulator issued four observations across three facilities in Goa.
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Liquor stocks rallied on the BSE after the Patna HC struck down the Bihar Prohibition of Liquor Act, calling it illegal. United Spirits closed above 6%. United Breweries zoomed 2%.

Alkem Laboratories Ltd tanked 8% after the company received 13 observations from the US Food and Drug Administration (USFDA) after the regulator inspected its manufacturing facility at Daman.

Yes Bank gained 1.9% on its plans to raise up to Rs.2,500 cr by issuing long-term bonds on a private placement basis.

NHPC zoomed 3% after the company signed a power purchase pact with the Government of Rajasthan as well as Inox for a 50 MW wind power project in the state.

Sintex Industries jumped 7.4% to Rs.78 after the company said its board has approved demerger of custom moulding business and prefab business from its two arms Sintex BAPL and Sintex Infra Projects, respectively.

A total of 23 stocks registered a fresh 52-week high in trades today, whereas 55 stocks touched a new 52-week low on the NSE.

Live Stock Market Updates - Sensex rallies over 100 points; Nifty above 8,600 mark

The Indian equity market started off the first day of October series on a positive note, rebounding sharply after previous day's sharp sell-off. The domestic market are trading marginally down on continued selling in view of geo-political tension.

At 2:31 PM, the S&P BSE Sensex is trading at 27,916 up 88 points, while NSE Nifty is trading at 8,571 down 20 points.

The BSE Mid-cap Index is trading up 1.82% at 13,150 whereas BSE Small-cap Index is trading up 1.85% at 12,746.

GAIL, Power Grid, ONGC, Wipro and M&M are among the gainers, whereas Coal India, Cipla, Bharti Airtel and Adani Ports are losing sheen on BSE.

Some buying activity is seen in realty, oil & gas, utilities, auto and energy sectors, while telecom, metal, capital goods and FMCG are showing weakness on BSE.

The INDIA VIX is down 7.62% at 17.0425. Out of 1,870 stocks traded on the NSE, 427 declined, 1,149 advanced and 294 remained unchanged today.

A total of 12 stocks registered a fresh 52-week high in trades today, while 50 stocks touched a new 52-week low on the NSE.

Liquor stocks rallied on the BSE after the Patna HC struck down the Bihar Prohibition of Liquor Act, calling it illegal.

United Spirits Ltd is currently trading at Rs. 2439, up by Rs. 131.55 or 5.7% from its previous closing of Rs. 2307.45 on the BSE. The scrip opened at Rs. 2325 and has touched a high and low of Rs. 2453.55 and Rs. 2325 respectively. So far 850646(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 33534.17 crore.

United Breweries Ltd is currently trading at Rs. 900.05, up by Rs. 22.5 or 2.56% from its previous closing of Rs. 877.55 on the BSE. The scrip opened at Rs. 879 and has touched a high and low of Rs. 908.4 and Rs. 879 respectively. So far 384241 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 23202.42 crore.

The Bihar government had instituted a tough prohibition law to prevent consumption of liquor in the state. Starting April 1 this year, country-made liquor was banned. Then the ban was extended to Indian Made Foreign Liquor, as per media reports.

Radico Khaitan Ltd is currently trading at Rs. 121.7, up by Rs. 9.05 or 8.03% from its previous closing of Rs. 112.65 on the BSE. The scrip opened at Rs. 115 and has touched a high and low of Rs. 123.9 and Rs. 113.25 respectively. So far 1934658 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1498.81 crore.

Tilaknagar Industries Ltd is currently trading at Rs. 17.7, up by Rs. 1.1 or 6.63% from its previous closing of Rs. 16.6 on the BSE. The scrip opened at Rs. 17.2 and has touched a high and low of Rs. 18.1 and Rs. 16.55 respectively. So far 1421840 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 207.1 crore.

Seamec soared 8.8% after the company has entered into an agreement with HAL Offshore (HAL) for deployment of vessel SEAMEC II along with provision of services of ROV, the contract commenced with effect from September 28, 2016.

Lovable Lingerie climbed 2.5% on the BSE. Promoters of Lovable Lingerie Ltd are in talks with private equity funds to sell 15-20% stake in the company, as per media reports.

Alkem Laboratories Ltd tanked 6.5% after the company has received 13 observations from the US Food and Drug Administration (USFDA) after the regulator inspected its manufacturing facility at Daman.

Yes Bank gained 1.3% after the bank is planning to raise up to Rs.2,500 crore by issuing long-term bonds on a private placement basis.

NHPC zoomed 2% after the company has signed a power purchase pact with the Government of Rajasthan as well as Inox Ltd for a 50 mw wind power project in the state.

Lupin inched up 1%. The company said it has received approval from the US health regulator to market its memantine hydrochloride extended-release capsules, used in treating Alzheimer's disease.

Zee Entertainment Enterprises Ltd gained 0.55% after the company announced acquisition of UAE-based radio station. The company already operates satellite television channels like Zee Aflam and Zee Alwan in the UAE market.

Kotak Mahindra Bank is trading marginally lower on the BSE. ING offloaded a 2.5% stake in Kotak Mahindra Bank for an estimated Rs 3,653 crore through an open market transaction.

Sintex Industries jumped 6% to Rs.77.50 after the company said its board has approved demerger of custom moulding business and prefab business from its two arms Sintex BAPL and Sintex Infra Projects, respectively

Live Stock Market Updates - Nifty trades below 8600 mark

At 9:40 AM, the S&P BSE Sensex is trading at 27,875 up 47 points, while NSE Nifty is trading at 8,602 up 11 points.

The BSE Mid-cap Index is trading up 0.76% at 13,012 whereas BSE Small-cap Index is trading up 0.90% at 12,627.

GAIL, Infosys, Wipro, Sun Pharma, RIL and SBI are among the gainers, whereas Adani Ports, Bharti Airtel, Dr.Reddy's and Cipla are losing sheen on BSE.

Some buying activity is seen in realty, oil & gas, utilities, auto and pharma sectors, while FMCG, consumer durables and telecom are showing weakness on BSE.

The INDIA VIX is down 2.19% at 18.0450. Out of 1,850 stocks traded on the NSE, 564 declined, 916 advanced and 370 remained unchanged today.

A total of six stocks registered a fresh 52-week high in trades today, while 42 stocks touched a new 52-week low on the NSE.

Seamec soared 8.8% after the company has entered into an agreement with HAL Offshore (HAL) for deployment of vessel SEAMEC II along with provision of services of ROV, the contract commenced with effect from September 28, 2016.

Lovable Lingerie climbed 2.5% on the BSE. Promoters of Lovable Lingerie Ltd are in talks with private equity funds to sell 15-20% stake in the company, as per media reports.

Alkem Laboratories Ltd tanked 6.5% after the company has received 13 observations from the US Food and Drug Administration (USFDA) after the regulator inspected its manufacturing facility at Daman.

Yes Bank gained 1.3% after the bank is planning to raise up to Rs.2,500 crore by issuing long-term bonds on a private placement basis.

NHPC zoomed 2% after the company has signed a power purchase pact with the Government of Rajasthan as well as Inox Ltd for a 50 mw wind power project in the state.

Lupin inched up 1%. The company said it has received approval from the US health regulator to market its memantine hydrochloride extended-release capsules, used in treating Alzheimer's disease.

Zee Entertainment Enterprises Ltd gained 0.55% after the company announced acquisition of UAE-based radio station. The company already operates satellite television channels like Zee Aflam and Zee Alwan in the UAE market.

Kotak Mahindra Bank is trading marginally lower on the BSE. ING offloaded a 2.5% stake in Kotak Mahindra Bank for an estimated Rs 3,653 crore through an open market transaction.

Sintex Industries jumped 6% to Rs.77.50 after the company said its board has approved demerger of custom moulding business and prefab business from its two arms Sintex BAPL and Sintex Infra Projects, respectively.

HCL Technologies gained 1%. HCL and IBM said that the companies have entered a 15-year partnership for automation and development and operations.

Jubilant Life Sciences rose 2%. Jubilant Life Sciences has successfully raised $300 million through a sale of unsecured bonds by its pharmaceuticals arm in Singapore, as per media reports.

The rupee opened marginally higher one paise at 66.85/$ against US Dollar Friday as against the previous close of 66.84/$.

Market participants are anxiously awaiting the Monetary Policy Review on October 4, the first to be held under the newly appointed RBI Governor Urjit Patel and the first to be decided by a six-member panel.

On the economy front, Finance Ministry exuded confidence that currency and stock markets will stabilise in the next few days and decisive action against terrorism will spur growth.

Asian markets are trading mixed. In Japan, the Nikkei 225 fell 1.6%. Hong Kong's Hang Seng slipped 1.3%, while Shanghai Composite is trading in green.

Wall Street closed lower on Thursday. The Dow Jones industrial average slid 1.07% to 18,143.45 points at the close, its sharpest decline since Sept 13. The S&P 500 lost 0.93% to end at 2,151.13 and the Nasdaq Composite dropped 0.93% to 5,269.15.

US crude futures added 1.7% to USD 47.83, after climbing to as high as USD48.32, the highest level in almost five weeks.

On agenda today are GST Council meet, CPI for Industrial workers and Core Sector growth for August. The rollovers have been below average. Foreign investors have pumped in over Rs.7,000 crore.

Live Stock Market Updates - Sensex, Nifty flat; telecom, FMCG drag

The Indian equity market started off the first day of October series on a positive note, rebounding sharply after previous day's sharp sell-off.

At 9:40 AM, the S&P BSE Sensex is trading at 27,875 up 47 points, while NSE Nifty is trading at 8,602 up 11 points.

The BSE Mid-cap Index is trading up 0.76% at 13,012 whereas BSE Small-cap Index is trading up 0.90% at 12,627.

GAIL, Infosys, Wipro, Sun Pharma, RIL and SBI are among the gainers, whereas Adani Ports, Bharti Airtel, Dr.Reddy's and Cipla are losing sheen on BSE.

Some buying activity is seen in realty, oil & gas, utilities, auto and pharma sectors, while FMCG, consumer durables and telecom are showing weakness on BSE.

The INDIA VIX is down 2.19% at 18.0450. Out of 1,850 stocks traded on the NSE, 564 declined, 916 advanced and 370 remained unchanged today.

A total of six stocks registered a fresh 52-week high in trades today, while 42 stocks touched a new 52-week low on the NSE.

The rupee opened marginally higher one paise at 66.85/$ against US Dollar Friday as against the previous close of 66.84/$.

Market participants are anxiously awaiting the Monetary Policy Review on October 4, the first to be held under the newly appointed RBI Governor Urjit Patel and the first to be decided by a six-member panel.

On the economy front, Finance Ministry exuded confidence that currency and stock markets will stabilise in the next few days and decisive action against terrorism will spur growth.

Asian markets are trading mixed. In Japan, the Nikkei 225 fell 1.6%. Hong Kong's Hang Seng slipped 1.3%, while Shanghai Composite is trading in green.

Wall Street closed lower on Thursday. The Dow Jones industrial average slid 1.07% to 18,143.45 points at the close, its sharpest decline since Sept 13. The S&P 500 lost 0.93% to end at 2,151.13 and the Nasdaq Composite dropped 0.93% to 5,269.15.

US crude futures added 1.7% to USD 47.83, after climbing to as high as USD48.32, the highest level in almost five weeks.

On agenda today are GST Council meet, CPI for Industrial workers and Core Sector growth for August. The rollovers have been below average. Foreign investors have pumped in over Rs.7,000 crore.

Opening Bell - Sensex, Nifty flat

At 9:15 AM, the S&P BSE Sensex is trading at 27,846 up 18 points, while NSE Nifty is trading at 8,584 down nere seven points.

Asian markets are trading mixed. In Japan, the Nikkei 225 fell 1.6%. Hong Kong's Hang Seng slipped 1.3%, while Shanghai Composite is trading in green.

Wall Street closed lower on Thursday. The Dow Jones industrial average slid 1.07% to 18,143.45 points at the close, its sharpest decline since Sept 13. The S&P 500 lost 0.93% to end at 2,151.13 and the Nasdaq Composite dropped 0.93% to 5,269.15.

US crude futures added 1.7% to USD 47.83, after climbing to as high as USD48.32, the highest level in almost five weeks.

On agenda today are GST Council meet, CPI for Industrial workers and Core Sector growth for August. The rollovers have been below average. Foreign investors have pumped in over Rs.7,000 crore.