Friday 11 September 2015

Sensex, Nifty Trade Flat Ahead Of IIP Data

Posted by suhani varma on Friday, September 11, 2015 with No comments

The S&P BSE Sensex is trading at 25,742 up 71 points, while NSE Nifty is trading at 7,809 up 21 points. The BSE Mid-cap Index is trading up 0.47% at 10,552, whereas BSE Small-cap Index is trading up 0.74% at 10,711. Infosys, SBI, Wipro, ONGC, HDFC, Hindalco and Axis Bank are among the gainers, whereas Tata Steel, GAIL, Tata Motors, BHEL, RIL and Bajaj Auto are losing sheen on BSE.

Some buying activity is seen in IT, consumer durables, Teck, fmcg, pharma and banking sectors, while capital goods, metal, oil&gas and power sectors are showing weakness on BSE. Out of 1,726 stocks traded on the NSE, 1,054 declined and 369 advanced today. The INDIA VIX is up 1.42% at 25.09. It hit a high of 25.26 and a low of 23.26.

Natco Pharma Ltd were trading higher 2.2% at Rs. 1,234 on BSE today. The company has approved the Preliminary Placement Document (PPD) for issue of equity shares under the QIP for which issue is opened. Also, the company had received Foreign Investment Promotion Board nod to issue and allot shares to QIBs for up to Rs. 450 crore.

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