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The Indian stock market opened on a positive note, with the Sensex rallied over 150 points to reclaim its crucial psychological level of 28,000, while the broader Nifty50 topped its key 8,650-mark. The key benchmark index extended gain for the second straight session.
The S&P BSE Sensex is trading at 28,132 up 229 points, while NSE Nifty is trading at 8,665 up 57 points. The BSE Mid-cap Index is trading up 0.81% at 13,170 whereas BSE Small-cap Index is trading up 0.98% at 12,632.
Maruti Suzuki, ICICI Bank, Bajaj Auto, GAIL, Hero MotoCorp and Axis Bank are among the gainers, whereas NTPC, Poloaris, P&G, Care Ratings and Firstsource Solutions are losing sheen on BSE. All the BSE sectoral indices were trading in the positive territory. The INDIA VIX is down 3.87% at 12.6550. Out of 1,852 stocks traded on the NSE, 381 declined, 1,139 advanced and 332 remained unchanged today.
A total of 46 stocks registered a fresh 52-week high in trades today, while 10 stocks touched a new 52-week low on the NSE. eClerx Services Ltd is currently trading at Rs. 1684, up by Rs. 51.2 or 3.14% from its previous closing of Rs. 1632.8 on the BSE. The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs.95.9 crore for the quarter ended June 30, 2016 as compared to Rs.75.4 crore for the quarter ended June 30, 2015.
The company informed BSE that the Board of Directors of the Company at its meeting approved a proposal for buyback of equity Shares of the Company, subject to approval by the shareholders, for an aggregate amount not exceeding Rs.234 crore.
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