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Opening Bell – Markets open flat

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At 09:15 AM, Nifty opened at 9,888 level, up 4 points while Sensex opened at 31,649 level, up by 3 points. Wipro was top Nifty gainer trading at Rs 295.05 per share, up by 1.32% while NTPC was top Nifty loser trading at Rs 164.35 per share, down by 2.14%. There were 882 advances, 457 declines and 484 unchanged stocks on NSE reflecting positive undertone floating in the market. On the broader markets, BSE Mid-cap index was trading at 15,501 level, down 0.03% while BSE Small-cap index was trading at 15,904 level, up by 0.23%. Nifty finds strong support around 9,800 while 9,940 will act as resistance on the upside. The rupee opened at 64.03 per USD.   The US stock market indices ended higher on Wednesday, following the release of some upbeat US economic data, including a report showing a jump in private sector employment. The Dow Jones Industrial Average ended at 21,892 with gains of 27 points. The S&P 500 index jumped 11 points to close at 2,458. The tech-h...
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Nifty slips below 10,150; Infosys, Tata Motors up 2%

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Indian equity benchmarks moved higher led by gains in Infosys. However, the market gave up early gains as Reliance Industries, L&T and Sun Pharma came under selling pressure. At 9:40 AM, BSE Sensex was up 18 points to 32,581 and the NSE Nifty50 Index slipped by 13 points to 10,108. The BSE Mid-cap Index and BSE Small-cap Index are trading lower at 16,688 and 17,918 respectively. Some buying was seen in IT and Tele Communications, while power, capital goods, utilities, FMCG, banking and consumer durables showed weakness on the BSE. Infosys, Tata Motors, Indiabulls HF, ONGC and Bharti Airtel gained the most on Nifty50. Adani Ports, HPCL, Wipro, Bajaj Finance and Sun Pharma were the top losers. India VIX rises by 2.60% at 15.18 level. Out of 1,989 stocks traded on the NSE, 623 advanced, 915 declined, and 451 remained unchanged today. A total of 35 stocks registered a fresh 52-week high in trade today, while nine stocks touched a new 52-week low on the NSE. Meanwhile, the Indian ru...
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Nifty hovers around 10,350 mark; Metal Index drops

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Indian stock market snapped seven-day winning streak and extended its losses in afternoon session, ahead of expiry of November futures & options contracts and OPEC meeting on oil output cut later this week. Index heavyweights like ITC, Infosys, RIL and banking & financials stocks were under pressure. On the economy front, S&P Global Ratings retained India's sovereign rating at BBB-, with a stable outlook, a week after Moody's Investors Service upgraded India's rating. Jul-Sep GDP data  will be released in this week. Among BSE sectoral indices, metal index fell the most by 0.98%, followed by 0.57%, FMCG 0.54%, oil & gas 0.25% and energy 0.24%. On the other hand, realty index was up 1%, consumer durables and capital goods 0.68% and power 0.29%. At 1:30 PM, BSE Sensex down 89 points to 33,589 and the NSE Nifty50 Index slipped 37 points to 10,344. The BSE Midcap Index gains 0.28% and Smallcap up 0.53% on positive breadth. NTPC, Axis Ban...
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