Live Stock Market Updates – Markets off day’s low, Nifty around 9060, Realty Stocks gain

Realty stocks are gaining ground in lunch hours of Wednesday’s trade. Stocks such as, Sobha is up by 6.1%, Godrej Properties is up by 4%, Oberoi Realty is up by 4.1%, Prestige is up by 2.4% and HDIL is up by 0.6% on the BSE.
 
Meanwhile, some of the stocks in the BSE Realty index are trading in red such as, Unitech is down by 1.8%, DLF is down by 1.5%, Phoenix is down by 1.3%, Indiabulls Real Estate is down by 1% and Omaxe is down by 0.6%
 
At 1 PM, the S&P BSE Sensex is trading at 29290 down 195 points, while NSE Nifty is trading at 9062 down 59 points. A total of 32 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading down 0.6% at 13765, whereas BSE Small-cap Index is trading down 0.4% at 13958.
 
Some buying activity is seen in Realty index, while FMCG, Utilities, Capital Goods and Metal indices are showing weakness on BSE.
 
Axis Bank, Dr Reddy’s Labs, HCT Tech, Cipla, Wipro and Sun Pharma are among the gainers, whereas Bharti Airtel, Hindalco, M&M, ICICI Bank, BHEL, BPCL and Tata Motors DVR are losing on the NSE.
 
The INDIA VIX is up 1.6% at 12.1.

Opening Bell - Nifty opens down by 60 points, Sensex down by nearly 150 points

At 9:15 AM, the BSE Sensex opened down by 144 points at 29341, while the Nifty50 opened down by 63 points at 9055 mark.
 
Hero MotoCorp is the top Nifty gainer and Idea is the top Nifty loser in the morning hours. Here MotoCorp is trading at Rs 3319 per share down by 0.4% whereas Idea is trading at Rs 90 per share, down by 3.2%.
 
There are 346 advances, 1008 declines and 448 unchanged stocks on NSE reflecting some negative bias floating in the market.
 
Nifty50 index has to surpass its immediate hurdle in the range of 9,160-9,170 to witness a fresh upmove up to the level of 9,220. On the downside, the zone of 9,060-9,075 is likely to act as a strong support zone.
 
The rupee opened at 65.56 per dollar lower by 25 paise.
 
The US stock indices sank on Tuesday as the Dow and the Nasdaq logged their worst daily drops since September, while the S&P 500 index closed lower more than 1% for the first time since October 11. The Dow Jones Industrial Average dropped 238 points to close at 20,688 and the Nasdaq fell 108 point to finish at 5,794.
 
Asian stocks declined on Wednesday tracking sharp correction on Wall Street. Japan’s Nikkei 225 has slipped 2% followed by Hong Kong’s Hang Seng which is trading lower by 250 points and the Shanghai Composite has slid 7 points.

Nifty closes above 9120, Sensex tumbles over 30 points, Divi’s Lab tanks 19%

  NSE Nifty closed at 9121 levels, down by 5 points or 0.06%. BSE Sensex closed at 29485 levels, down by 33 points or 0.1%.
 
There were 594 advances, 1037 declines and 287 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
Grasim was the top Nifty gainer whereas, Idea was the top Nifty loser in Tuesday’s trading session.
 
The BSE Mid-cap Index closed down 0.4% at 13853 whereas, BSE Small-cap Index closed up 0.1% at 14027.

BSE Healthcare was the top losing index on Tuesday’s trade, Divi’s Lab was dragging the index to its lows. 
 
Divi’s Lab closed at Rs 640 per share down by Rs 150 or 19%.
 
BSE Realty index wast the top gaining index on Tuesday, with Prestige and HDIL lifting the index to its highs.
 
HDIL closed at Rs 78.40 per share up by Rs 2 or 2.9%.

Live Stock Market Updates: Nifty trades at day's low; Union Bank down by 3.1%

Nifty PSU Bank stocks are extending their losses in the afternoon hours on Tuesday. Union Bank is the top lower in the Nifty PSU Bank index. The stock is trading lower by 3.1% at Rs 152.9 per share.
 
Only Orient Bank stock is trading in positive territory higher by 0.6% at Rs 134.7 per share.
 
There are 587 advances, 953 declines and 374 unchanged stocks on NSE reflecting some negative undertone floating in the market.
 
At 1 PM, the S&P BSE Sensex is trading at 29445 down 73 points, while NSE Nifty is trading at 9106 down 20 points. A total of 58 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 down 0.8% at 13796, while BSE Small-cap Index is trading down 0.5% at 13981.
 
Some buying activity is seen in Information Technology and FMCG while Capital Goods, Healthcare, Telecom and Auto are showing weakness on BSE.
 
Grasim, LT, ITC Limited, Bharti Infratel and Bosch Limited are among the gainers, whereas Idea, Dr Reddy’s, Axis Bank, Sun Pharma and Aurobindo Pharma are losing sheen on NSE.
 
The INDIA VIX is down 0.9% at 11.9.

Opening Bell - Markets open flat with slightly negative bias; ITC top Nifty gainer

At 9:15 AM, the BSE Sensex opened higher by 7 points at 29525, while the Nifty50 opened higher by 7 points at 9133 mark.
 
ITC is the top Nifty gainer and Idea is the top Nifty loser in the morning hours. ITC is trading at Rs 284 per share up by 0.7% whereas Idea is trading at Rs 97.2 per share, down by 0.5%.
 
There are 787 advances, 860 declines and 96 unchanged stocks on NSE reflecting some negative bias floating in the market.
 
The range between 9,060-9,100 levels is likely to act as a support level. On the upside, 9,200-9,220 is likely to act as a resistance level.
 
The rupee opened at 65.39 per dollar lower by 3 paise.
 
All eyes are on the D-Mart IPO listing. The board of HCL Technologies finally approved share buyback at Rs 1000 per share. The stock is trading at Rs 869.1 per share, up by 0.5%.
 
The main US stock indices closed marginally lower on Monday for the third straight day of losses, as market participants were reluctant to make big bets in the absence of any positive trigger. The Dow Jones Industrial Average ended lower by 9 points at 20,906, the S&P 500 index closed 5 points lower at 2,374, while the Nasdaq Composite Index finished unchanged.
 
Most of the Asian stocks are trading in the green on Tuesday. Hong Kong’s Hang Seng is trading with gains of 82 points and the Shanghai Composite gained 7 points, while Japan’s Nikkei 225 bucking the positive trend slid 66 points after the yen rose for the sixth day against the dollar.

Nifty closes above 9120, Sensex down 130 points, Infosys slips over 2%

   NSE Nifty closed at 9126 levels, down by 33 points or 0.3%. BSE Sensex closed at 29,518 levels, down by 130 points or 0.4%.
 
There were 802 advances, 842 declines and 291 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
Aurobindo Pharma was the top Nifty gainer whereas, Idea was the top Nifty loser in Monday’s trading session.
 
The BSE Mid-cap Index closed up 0.1% at 13916 whereas, BSE Small-cap Index closed up 0.3% at 14054.

BSE IT index was the top losing index on Monday’s trading session, Infosys and TCS  contributed majorly to the index downfall.
 
Infosys closed at Rs 1017 per share down by Rs 23 per share or 2.2%.
 
TCS closed at Rs 2478 per share down by Rs 48 per share or 1.9%.
 

Live Stock Market Updates – Markets under pressure, Poly Medicure up 6%

      Healthcare stocks such as Poly Medicure is up by 5.7%, Gufi Bio Sciences is up by 4.2%, Granules is up by 3.6%, Kopran is up by 3%, Ajanta Pharma is up by 2.5%, Divis Lab is up by 2.2% and Neuland Labs is up by 2.2%.

 
Meanwhile some stocks in the BSE Healthcare index are trading in red. Novartis India is down by 1.8%, Nectar Life Sciences is down by 1.6%, Claris is down by 0.9%, Ipca Labs is down by 0.7% and Torrent Pharma is down by 0.5%.
 
At 1 PM, the S&P BSE Sensex is trading at 29498 down 150 points, while NSE Nifty is trading at 9121 down 38 points. A total of 54 stocks registered a fresh 52-week high in trade today, while 23 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 0.1% at 13914, whereas BSE Small-cap Index is trading up 0.2% at 14052.
 
Some buying activity is seen in Telecom, Auto Oil & Gas and Realty indices while, FMCG, Utilities, Capital Goods and Metal indices are showing weakness on BSE.
 
Grasim, Tata Power, Kotak Mahindra Bank, Aurobindo Pharma, Infratel and NTPC are among the gainers, whereas Idea, ICICI Bank, Infosys, Tata Steel, Axis Bank and TCS are losing on the NSE.
 
The INDIA VIX is up 1% at 12.

Opening Bell - Markets open flat with slightly positive bias; Idea up by 4.7%

At 9:15 AM, the BSE Sensex opened higher by 5 points at 29653, while the Nifty50 opened higher by 7 points at the 9166 mark.
 
Idea is the top Nifty gainer and Infosys is the top Nifty loser. Idea is trading at Rs 113.25 per share up by 4.7%. Infosys is trading at Rs 1020 per share down by 1.9%.
 
There are 904 advances, 515 declines and 460 unchanged stocks on NSE reflecting some positive bias floating in the market.
 
Immediate support for Nifty50 is likely to be expected around the level of 9,120, and if this level is breached, the next support is likely to be around the levels of 9,065-9,070. On the upside, the level of 9,220 is likely to act as a resistance level, but if the index manages to sustain above the level of 9,220, it is likely to scale up to the level of 9,300.
 
The rupee opened at 65.40 per dollar higher by 6 paise.
 
The US stocks ended with modest losses on Friday. The Dow Jones Industrial Average slid 20 points to close at 20,915, while the S&P 500 index shed 3 points to finish at 2,378. The Nasdaq Composite index closed almost unchanged.
 
Asian stocks are trading mixed on Monday. Japan’s Nikkei 225 has shed 69 points, while Hong Kong’s Hang Seng is trading with gains of 42 points and the Shanghai Composite is trading just above neutral line.

Nifty closes at 9160, Sensex above 60 points, ITC stock of the day

Barometer index NSE Nifty in opening session hit it all time high of 9207.80 marks, soon after paring its gains in the afternoon session and managing to close in green up by 6 points. While Sensex closed 33 points away from it record closing high.
 
NSE Nifty closed at 9160 levels, up by 6 points or 0.07%. BSE Sensex closed at 29,648 levels, up by 63 points or 0.21%.
 
There were 691 advances, 954 declines and 275 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
ITC was the top Nifty gainer whereas, Idea was the top Nifty loser in Friday’s trading session.
 
The BSE Mid-cap Index closed down 0.1% at 13893 whereas, BSE Small-cap Index closed up 0.1% at 14012.

Cigarette company shares since morning session were sizzling on bourses as the GST Council on Thursday cleared a proposal to cap the cess on tobacco and cigarettes on Thursday.
 
ITC rallied 7.5% hitting a high of Rs 288 per share, the stock closed at Rs 280 per share up by Rs 12 per share or 4.6%
 
Sugar stocks in closing hours of trade were gained ahead of the sugar output data.
 
Andhra Sugar was up by 8.5%, the stock closed at Rs 296 up by Rs 19 per share or 6.9%.

Opening Bell – Nifty opens above 9200 for the first time; ITC up by 4.3%

At 9:15 AM, the BSE Sensex opened higher by 170 points at 29755, while the Nifty50 opened higher by 54 points at the 9207 mark.
 
ITC is the top Nifty gainer and Tech Mahindra is the top Nifty loser in the morning hours on Friday. ITC is trading at Rs 280 per share up by 4.34%. Tech Mahindra is trading at Rs 475 per share down by 1.2%.
 
Wipro is trading at Rs 504 per share, up by 0.76%. Lupin is trading at Rs 1465 per share, up by 0.69%. Megasoft Limited is trading at Rs 22.25 per share, up by 10.7%.
 
The levels of 9,200 and 9,230 are likely to act as resistance for Nifty50. On the downside, immediate support will be offered at the level of 9,120 and the next support at the level of 9,070.
 
The rupee opened at 65.48 per dollar lower by 4 paise.
 
The Dow Jones Industrial Average declined 16 points to finish at 20,935. The Nasdaq Composite index finished marginally up by 1 point at 5,901. The S&P 500 index finished down 4 points at 2,381.
 
The Asian markets also trading in positive territory. Nikkei 225 is trading lower by 70 points at 19519 level. SGX Nifty is trading higher by 21 points at 9206 level.
 
The European markets closed higher on Thursday. FTSE 100 closed higher by 47 points at 7415 level. CAC 40 of France closed higher by 28 points at 5013 level. German DAX closed higher by 73 points at 12083 level.