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The BSE Sensex opened 5.56 points up at 26872.48, while Nifty opened 16.90 points up at 8,255.40. The Indian stock market continue to trade with a negative bias. The S&P BSE Sensex is trading at 26,844 down 23 points, while NSE Nifty is trading at 8,229 down mere 10 points.
The BSE Mid-cap Index is trading up 0.42% at 11,451, whereas BSE Small-cap Index is trading up 0.45% at 11,530. Adani Ports, GAIL, M&M, ONGC, Coal India, Bajaj-Auto, SBI and Cipla are among the gainers, whereas Bharti Airtel, Axis Bank, L&T, Tata Motors, Asian Paints are losing sheen on BSE.
Some buying activity is seen in metal, oil and gas, auto, utilities and pharma sectors, while telecom, consumer durables, IT, banking, and FMCG sectors are showing weakness on BSE. The INDIA VIX is down 0.32% at 17.4600. Out of 1,814 stocks traded on the NSE, 552 declined, 903 advanced and 359 remained unchanged today.
A total of 32 stocks registered a fresh 52-week high in trades today, while 10 stocks touched a new 52-week low on the NSE. Spicejet Ltd stock was up by 1% at Rs.70. The airline stated that it continues to lead the Passenger Load Factor (PLF) charts among all Indian carriers by clocking over 90% PLF for 13 successive months. Suzlon Energy stock was up by 2% at Rs.17.75.Suzlon and CLP India has entered into a Joint Venture for the Veltoor solar project in Telangana.
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