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The S&P BSE Sensex is trading at 24,681 up 129 points, while NSE Nifty is trading at 7,498 up 37 points. The BSE Mid-cap Index is trading down 0.39% at 10,181, whereas BSE Small-cap Index is trading down 0.21% at 10,234. ITC, Infosys, Bajaj-Auto, BHEL, Maruti Suzuki and NTPC are among the gainers, whereas Asian Paints, Sun Pharmaceuticals, SBI, Dr.Reddy's, Bharti Airtel, Adani Ports, GAIL, RIL, M&M and Axis Bank are losing sheen on BSE. Some buying activity is seen in FMCG, finance, utilities and banking sectors, while telecom, consumer durables, metal, realty, industrial and telecom sectors are showing weakness on BSE.
The INDIA VIX is down 1.91% at 17.2600. Out of 1,797 stocks traded on the NSE, 920 declined, 593 advanced and 920 remained unchanged today. A total of 13 stocks registered a fresh 52-week high in trades today, while 28 stocks touched a new 52-week low on the NSE. Alok Industries rallied 9.4% to Rs.4.43 on BSE. As per media reports, PE funds and few textile majors are in race to buy the company.
The company experienced a spurt in volumes by more than 1.53 times. Lux Industries jumped 13% to Rs.3390 on BSE. The company is going to consider sub division of its equity shares. The meeting of the board of directors of the company will be held on April 12, 2016, to consider and approve the sub division of equity shares of the company. It will also consider alteration of memorandum of association of the company.
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