Live Stock Market Updates - Sensex, Nifty Trades Flat

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The S&P BSE Sensex is trading at 24,906 up 22 points, while NSE Nifty is trading at 7,618 up 14 points. The BSE Mid-cap Index is trading up 0.18% at 10,529, whereas BSE Small-cap Index is trading up 0.26% at 10,572.   BHEL, Tata Steel, Lupin, Tata Motors, M&M, Hero MotoCorp and Bharti Airtel are among the gainers, whereas Cipla, GAIL, Wipro, HDFC, Adani Ports and SBI are losing sheen on BSE. 

Some buying activity is seen in metal, realty and consumer durables sector, while oil and gas, IT and energy are showing weakness on BSE. The INDIA VIX is up 0.32% at 17.8875. Out of 1,776 stocks traded on the NSE, 614 declined, 753 advanced and 409 remained unchanged today. A total of 15 stocks registered a fresh 52-week high in trades today, while eight stocks touched a new 52-week low on the NSE. The Indian rupee opened higher by 4 paise at 66.42/$ on Wednesday as against the previous close of 66.46/$. On Tuesday, the rupee lost ground against US dollar, influenced by the sharp fall in equities.Markets were under pressure due to weakness in European markets, wherein Germany's DAX spearheaded the decline after a disappointing factory orders report which showed a contraction of 1.2% on mom basis. HCC Ltd stock was higher by 4% at Rs. 20. 

ABG Shipyard Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 08, 2016, to discuss general corporate issues, strategy for induction of Strategic Investor / Partner and authorize Monitoring Institution on behalf of CDR Lenders to appoint Investment Banker to identify a Strategic Investor / Partner etc. The stock is currently trading at Rs. 50, up by Rs. 2.05 or 4.28% from its previous closing of Rs. 47.95 on the BSE. 

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