Wednesday 27 July 2016

Live Stock Market Updates - Nifty Shuts Above 8,600 Mark

Posted by suhani varma on Wednesday, July 27, 2016 with No comments

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Finally, the BSE Sensex ended with a gain of 48 points at 28,024. The BSE Sensex opened at 27,976 touched an intra-day high of 28,211 and low of 27,899.93. The NSE Nifty closed with a gain of 25 points at 8,616. The NSE Nifty opened at 8,599.40 hitting a high of 8,665 and low of 8,572.

The Indian stock markets drop in early noon deals with healthcare, metal, realty and FMCG stocks among the leading decliners. The S&P BSE Sensex, hitting its highest level in more than 11 months and the Nifty 50 index hitting its highest level in more than 15 months.  Japanese stocks rebounded from Tuesday's sell-off as most Asian markets waffled today ahead of key central bank decisions as well as major earnings reports due in Japan and South Korea.

The S&P BSE Sensex is trading at 27,957 down 19 points, while NSE Nifty is trading at 8,585 down down 5 points. The BSE Mid-cap Index is trading up 0.13% at 12,437, whereas BSE Small-cap Index is trading up 0.22% at 12,176.50. ICICI Bank,  Maruti, Adani Ports, HDFC, Tata Motors, TCS and Bharti Airtel are among the gainers, whereas Dr.Reddy's, Tata Steel, Axis Bank, Lupin, Coal India, ONGC, ITC, Wipro and RIL are losing sheen on BSE.

Some buying activity is seen in telecom, banking, auto and industrial sectors, while pharma, metal, realty and FMCG showing weakness on BSE. The INDIA VIX is down 0.51% at 15.5400. Out of 1,842 stocks traded on the NSE, 898 declined, 649 advanced and 295 remained unchanged today.

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