Monday 4 April 2016

Live Stock Market Updates - Sensex, Nifty Flat

Posted by suhani varma on Monday, April 04, 2016 with No comments

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The S&P BSE Sensex is trading at 25,285 up 15 points, while NSE Nifty is trading at 7,723 up 10 points. The BSE Mid-cap Index is trading up 0.17% at 10,658, whereas BSE Small-cap Index is tradingdown 0.03% at 10,639.

Bharti Airtel, M&M, Infosys, Dr.Reddy's, Tata Motors, Bajaj-Auto, Wipro and Tata Steel are among the gainers, whereas ITC, ONGC, Lupin, Axis Bank, Maruti Suzuki, HDFC, Coal India and SBI are losing sheen on BSE.

Some buying activity is seen in IT, telecom, consumer durables, auto, utilities and power sectors, while FMCG, banking, capital goods, oil and gas and realty are showing weakness on BSE.

The INDIA VIX is up 4.03% at 17.9750. Out of 1,812 stocks traded on the NSE, 606 declined, 904 advanced and 302 remained unchanged today. A total of 31 stocks registered a fresh 52-week high in trades today, while 19 stocks touched a new 52-week low on the NSE.

The Indian rupee depreciated by 10 paise to 66.36 against the US currency in early trade on Monday at the Interbank Foreign Exchange due to increased demand for the dollar from importers

Registering above the crucial 50.0 threshold for the third consecutive month in March, the seasonally adjusted Nikkei India Manufacturing Purchasing Managers’ Index (PMI) – a composite singlefigure indicator of manufacturing performance – was indicative of another improvement in businessconditions across the sector. Moreover, the headline index was up from 51.1 in February to an eight-month high of 52.4.

Relaxo Footwears galloped 20% to Rs.442.10 on BSE. Around 1.5% equity trade in block deal. Around 3.2 lakh shares were traded in a single block at Rs.425 on the NSE. 

Gammon India Ltd gained 2.6% to Rs.13.40 on BSE. The company has sold its civil engineering, procurement and construction (EPC) business to Thailand's GP Group in a deal pegged at Rs. 250 crore. GP will also reconstitute the board of GRIPL. The deal is expected to be completed in 12 months after signing the agreement. 

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