Thursday 25 August 2016

Live Stock Market Updates - Nifty Breaches 8,600 Mark

Posted by suhani varma on Thursday, August 25, 2016 with No comments

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The Indian stock market rallied for third consecutive session. The BSE Sensex and NSE Nifty opened in green on Thursday following mixed global cues. The S&P BSE Sensex is trading at 28,093 up 32 points, while NSE Nifty is trading at 8,670 up 19 points.

The BSE Mid-cap Index is trading up 0.31% at 13,064 whereas BSE Small-cap Index is trading up 0.44% at 12,570. Cipla, Axis Bank, Bajaj Auto, ITC, TCS, Lupin, Hero MotoCorp, Sun Pharma and Asian Paints  are among the gainers, whereas Wipro, Infosys, Adani Ports, Bharti Airtel, NTPC and HDFC are losing sheen on BSE.

Some buying activity is seen in pharma, FMCG, oil and gas, banking, auto and utilities sectors, while telecom sector is showing weakness on BSE. The INDIA VIX is down 2.37% at 13.1675. Out of 1,847 stocks traded on the NSE, 542 declined, 951 advanced and 354 remained unchanged today.

A total of 72 stocks registered a fresh 52-week high in trades today, while nine stocks touched a new 52-week low on the NSE. Railway stocks are trading higher on the BSE after the government announced railway infrastructure projects worth Rs.24,000 crore.

Titagarh Wagons Ltd is currently trading at Rs. 113.3, up by Rs. 4.3 or 3.94% from its previous closing of Rs. 109 on the BSE. The scrip opened at Rs. 110 and has touched a high and low of Rs. 115.9 and Rs. 109.6 respectively. So far 2481935(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1257.69 crore.

Texmaco Rail & Engineering Ltd is currently trading at Rs. 110, up by Rs. 2.05 or 1.9% from its previous closing of Rs. 107.95 on the BSE. The scrip opened at Rs. 109.3 and has touched a high and low of Rs. 112.95 and Rs. 108.85 respectively. So far 548043(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2270.56 crore.

Kalindee Rail Nirman (Engineers) Ltd is currently trading at Rs. 115.8, up by Rs. 2.8 or 2.48% from its previous closing of Rs. 113 on the BSE. The scrip opened at Rs. 115 and has touched a high and low of Rs. 118.3 and Rs. 114 respectively. So far 184812(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 186.56 crore.

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