Thursday, 17 December 2015

Sensex, Nifty Trade Flat

Posted by suhani varma on Thursday, December 17, 2015 with No comments

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The S&P BSE Sensex is trading at 25,508 up 13 points, while NSE Nifty is trading at 7,757 up mere six points. The BSE Mid-cap Index is trading up 0.70% at 10,818, whereas BSE Small-cap Index is trading up 0.92% at 11,468. Some buying activity is seen in pharma, banking, capital goods, IT and metal sectors, while auto, oil & gas and energy sectors are showing weakness on BSE.

Amtek Auto, IDBI, GMDCL, Mphasis, IDFC, DCB Bank and FirstSorce Solution are among the gainers, whereas ONGC, M&M, Tata Motors, Maruti Suzuki and ITC are losing sheen on BSE.

The INDIA VIX was down 9.66% at 15.11. Out of 1,764 stocks traded on the NSE,403 declined and 1,062 advanced today. A total of 38 stocks registered a fresh 52-week high in trades today, while 12 stocks touched a new 52-week low on the NSE.

Indian Rupee opened higher by 11 paise at 66.62/$ in early trade on Thursday, as against the previous close of 66.73/$. The US Fed delivered a rate hike of 25 basis points, accompanied with an accommodative policy statement. Fed stated that the improvement in economic conditions warrant a rate hike after a gap of literally a decade. Rise in consumer spending, strength in housing market and business fixed investment reflects improving confidence in the economy.

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