Thursday 4 August 2016

Live Stock Market Updates - Sensex, Nifty Flat Consumer Durables, Telecom Drag

Posted by suhani varma on Thursday, August 04, 2016 with No comments

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The Indian shares erased early gains after opening sharply higher earlier in the session, as the Rajya Sabha passed the GST Constitutional Amendment Bill. The BSE Sensex opened 202.37 points up at 27899.88, while NSE Nifty was trading 55.10 points up at 8,599.95. 

The S&P BSE Sensex is trading at 27,771 up 74 points, while NSE Nifty is trading at 8,563 up 19 points. The BSE Mid-cap Index is trading up 0.59% at 12,514, whereas BSE Small-cap Index is trading up 0.67% at 12,161.

Tata Motors, Tata Steel, Bajaj Auto, Adani Ports, Hero MotoCorp and Sun Pharma are among the gainers, whereas ICICI Bank,Lupin, Infosys, RIL,ITC and Asian Paints are losing sheen on BSE. Some buying activity is seen in auto, industrial, pharma, metal, basic material, utilities and power sectors, while consumer durables, banking, IT and telecom are showing weakness on BSE.

The INDIA VIX is down 4.40% at 15.5225. Out of 1,842 stocks traded on the NSE, 475 declined, 1,060 advanced and 307 remained unchanged today. A total of 26 stocks registered a fresh 52-week high in trades today, while 13 stocks touched a new 52-week low on the NSE.

Indian Bank is currently trading at Rs. 202.25, up by Rs. 22.55 or 12.55% from its previous closing of Rs. 179.7 on the BSE. SpiceJet stated that "All our flights to and from Dubai have been canceled due to the crash landing of the Emirates aircraft yesterday. We are taking all possible measures towards passenger convenience and ensuring food and refreshments are being provided to all of them.  The stock is currently trading at Rs. 62.55, up by Rs. 0.4 or 0.64% from its previous closing of Rs. 62.15 on the BSE.

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