Thursday 28 July 2016

Live Stock Market Updates - Nifty Above 8,600 Mark Ahead Of F&O Expiry

Posted by suhani varma on Thursday, July 28, 2016 with No comments

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The S&P BSE Sensex is trading at 28,110 up 86 points, while NSE Nifty is trading at 8,631 up 14 points. The BSE Mid-cap Index is trading up 0.16% at 12,516, whereas BSE Small-cap Index is trading up 0.59% at 12,281.

The INDIA VIX is up 0.30% at 15.4750. Out of 1,822 stocks traded on the NSE, 408 declined, 1,029 advanced and 385 remained unchanged today. A total of 36 stocks registered a fresh 52-week high in trades today, while 7 stocks touched a new 52-week low on the NSE.

Asian markets are trading mixed. In Japan, the Nikkei 225 dropped 0.7%. Hong Kong's Hang Seng is trading in red. US stocks closed mixed Wednesday. The US Fed kept interest rates unchanged. Dow Jones Industrial Average was near flat at 18,472.17 points. The S&P 500 index closed 0.12% lower at 2,166.58 points, while the Nasdaq Composite was up 0.58% at 5,139.81 points.

The Union cabinet has increased the foreign shareholding limit in Indian stock exchanges from 5% to 15%, as announced in the budget, bringing investments by foreign entities on par with those by domestic institutions. Also, the cabinet approved key changes to the Constitution amendment bill for goods and services tax (GST), doing away with 1% additional levy on supply of goods, and proposing full compensation to states for five years for revenue loss arising from transition to GST.

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