Monday, 15 February 2016

Sensex, Nifty Consolidate Gains

Posted by suhani varma on Monday, February 15, 2016 with No comments

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The Indian stock market rally on the back of firm global markets. The S&P BSE Sensex is trading at 23,555 up 569 points, while NSE Nifty is trading at 7,167 up 186 points. In broader market is out-performing the BSE headline index, the Midcap has gained over 3.37 percent at 9,939 and the Smallcap index has advanced 3.47 percent at 10,018.

Among Nifty gainers - Bank of Baroda and Vedanta have rallied over 10 percent each at Rs. 134 and Rs. 70.10. Tata Steel, Hindalco have jumped over 5 percent each at Rs.237.80 and Rs. 65.16, respectively.

Tata Steel, SBI, L&T, Coal India, Adani Ports and Tata Motors are among the gainers, whereas Bharti Airtel, HUL, Dr.Reddy's and Asian Paints are losing sheen on BSE. The INDIA VIX is down 9.19% at 22.3050. Out of 1,798 stocks traded on the NSE, 207 declined, 1,342 advanced and 249 remained unchanged today. A total of six stocks registered a fresh 52-week high in trades today, while 46 stocks touched a new 52-week low on the NSE.

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