Nifty above 10,250 mark; Tata Motors, Jet Airways stocks gain

NSE Building
Equity benchmarks were trading higher led by Tata Motors, Eicher and Yes Bank. However, the gains were capped, as like HPCL, UPL and BPCL faced selling pressure.

At 10:40 AM, the BSE Sensex was trading at 33,485, up 114 points, while the Nifty50 index was trading at 10,267, up 22 points.

The BSE Midcap and the BSE Smallcap indices were up 0.65% and 1.04%, respectively.

Tata Motors stock rallied more than 4% after Jaguar Land Rover's March US sales increased 10.2% to 14,232 units compared to 12,918 units sold in year-ago.

Volatility index India VIX inched up 0.24% to 15.2225.

Tata Motors (+4.3%), Eicher (+2.1%), Maruti (+1%), Reliance Ind (+0.84%) and Hero MotoCorp (+0.84%) were the top gainers on Nifty50.

Hindalco (-1.2%), HPCL (-1%), UPL (-0.99%), Coal India (-0.99%) and Bharti Airtel (-0.88%) and were the top losers in today’s trade.

Out of 2,017 stocks traded on the NSE, 1,213 advanced, 368 declined and 438 remained unchanged today.

A total of 18 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the NSE.

Asian indices opened mildly positive after seeing strength in yesterday's pull back. Most investors would await China reaction on tariffs proposed by President Trump on fresh new items for around US$50bn. The rhetoric is seeing huge sentimental negative with stocks under pressure globally.
Click Here For Free Trial : 

 Missed Call / Whats-app : 7771010963 

Comments

Post a Comment

Popular posts from this blog

Top stocks in focus today: SBI, L&T, Bharat Fin, ONGC, Infosys, HDFC

Image
Ashok Leyland: Is looking at investing 4-5 bln rupees in its electric vehicle business over the next three to five years, Managing director Vinod Dasari said. Au Small Finance Bank: Has signed a three-year pact with Small Industries Development Bank of India to fund term  loan  proposals worth 2.5-20.0 mln rupees related to micro, small and medium enterprises. Bajaj Hindusthan Sugar: Board has approved the conversion of its  loan s from lenders into optionally convertible debentures or optionally convertible preference shares, under the Reserve Bank of India's scheme for sustainable structuring of stressed assets. Bharti Airtel: LPG subsidy recipients who had Airtel Payments Bank accounts were not getting their share of subsidy for the past few weeks, according to the Ministry of Petroleum and Natural Gas. Cadila Healthcare: Has received an approval from the US Food and Drug Administration to market Tamoxifen Citrate tablets USP in 10-mg, 20-mg strength. Cl
Read more

Live Stock Market Updates - Nifty, Sensex close to their morning highs; United Spirits gains by 16%

Image
Nifty and Sensex trading close to their morning highs as Pharma, FMCG and Auto Index pose strong gains. Pharma stocks up by 2.5%, lead by strong gains of Sun Pharma, Cipla, and Aurobindo Pharma, while Tata Motors lead the Auto Index. At 12:49 PM, the S&P BSE Sensex is trading at 33,276, up by 128 points, while NSE Nifty is trading at 10,355, up by 12 points. The BSE Mid-cap Index is trading up by 0.6% at 16,432 whereas BSE Small-cap Index is trading up by 0.58% at 17,356. Adani Ports, Sun Pharma, ITC, Bajaj Finance and Tata Motors are among the gainers, whereas YES Bank, Infratel, Bharti Airtel, Indian Oil and HPCL are losing steam on NSE. Some buying seen in Basic Materials, Healthcare, Industrials, Auto, Utilities, and Capital Goods,  while Energy, Telecom, Bank, and Oil & Gas sectors show weakness on the BSE. The INDIA VIX is down by 2.1% at 11.37. Out of 1,972 stocks traded on the NSE, 1,007 advanced, 633 declined, and 332 remained unchanged tod
Read more

Sensex, Nifty trade weak ahead of Gujarat exit polls; TCS, Wipro top losers

Image
Benchmark indices mildly recover after sharp fall, as investors eagerly awaited exit polls results later today after the end of second phase of Gujarat Assembly elections. The Sensex languished below the 33,000 level after skidding below that level in mid-morning trade. At 1:28 PM, the BSE Sensex was trading at 33,050, slipping 3 points, while the broader Nifty50 index was trading at 10,181, down 12 points. The selling pressure was broad-based, as the BSE Midcap Index fell 0.29% and the BSE Smallcap Index declined 0.28%. On the economy front, India's inflation based on the wholesale price index, stood at 3.93% for the month of November 2017, as compared to 3.59% for the previous month and 1.82% during the corresponding month of the previous year. Power, Consumer Durables, Utilities, IT and Industrial Index were the top losers on the BSE, while Pharma, Oil and Gas, Energy, Auto and Telecom were the top gainers. Capital goods stocks declined. BEML (-1.42%), Siemens (-1.18%), T
Read more