Live Stock Market Updates - Sensex, Nifty Consolidate Gain

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The BSE Sensex opened 84.45 points up at 28108.78, while Nifty 50 index opened 21.15 points up at 8,636.95. Investors will also eye developments at Bank of Japan and speculate on how much stimulus would be pumped in to rescue the ailing economy. The chances of GST getting passed in Parliament increased after the government chose to drop the 1 pc manufacturing tax. States may take comfort with the compensation offered for any revenue loss in the first five years of rollout.

The S&P BSE Sensex is trading at 28,107 up 83 points, while NSE Nifty is trading at 8,637 up 22 points. The BSE Mid-cap Index is trading up 0.48% at 12,556, whereas BSE Small-cap Index is trading up 0.80% at 12,306.

Asian Paints, Maruti Suzuki, Coal India, Power Grid, Bajaj Auto and ITC are among the gainers, whereas Infosys, L&T, Wipro, HUL, HDFC and Tata Motors are losing sheen on BSE. Some buying activity is seen in realty, telecom, consumer discretionary, industrial and consumer durables sectors, while IT, capital goods and teck showing weakness on BSE.

The INDIA VIX is down 1.03% at 15.2675. Out of 1,836 stocks traded on the NSE, 438 declined, 1,042 advanced and 356 remained unchanged today. A total of 54 stocks registered a fresh 52-week high in trades today, while 12 stocks touched a new 52-week low on the NSE.

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