Monday 28 March 2016



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The S&P BSE Sensex is trading at 25,156 down 181 points, while NSE Nifty is trading at 7,677 down 39 points. The BSE Mid-cap Index is trading down 0.60% at 10,461, whereas BSE Small-cap Index is trading down 0.64% at 10,434. GAIL, Infosys, Adani Ports, Dr Reddy's, NTPC, Maruti Suzuki and HDFC Bank are among the gainers, whereas Sun Pharmaceuticals, ICICI Bank, Tata Steel, Bharti Airtel, HDFC, Coal India, Tata Motors and Lupin are losing sheen on BSE. 

Some buying activity is seen in power and utilities sectors, while metal, telecom, pharma,consumer durables, banking, FMCG and auto sectors are showing weakness on BSE. The INDIA VIX is up 7.93% at 17.6425. Out of 1,808 stocks traded on the NSE, 1,037 declined, 564 advanced and 283 remained unchanged today. A total of 13 stocks registered a fresh 52-week high in trades today, while 29 stocks touched a new 52-week low on the NSE. The Indian rupee opened down by 27 paise at 66.90/$ on Monday as against the previous close of 66.63/$. On Wednesday, the rupee extended the weakness, impacted by month end dollar demand for US dollar from the importers. Steel Strips Wheels Ltd has bagged a prestigious export order from PSA Peugeot citroen. This order is one of SSWL',s Oiggeit export order in its history. 

Supplies would be for PSA's upcoming new plant in Kenitra, Hrtoiocco and their existing plants Poissy, France & Vigo, Spain. Navin Fluorine International Ltd stock was higher by 8% to Rs.1,833. Honeywell has entered into a supply and technology license agreement with India’s speciality fluorochemicals manufacturer to produce Honeywell Solstice yf, says report. 

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