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Extending gains for the fourth straight session, the Indian stock market has kick started the start of a new week on a tepid note. The domestic markets swung between gains and losses in early trade.
The S&P BSE Sensex is trading at 28,669 up 70 points, while NSE Nifty is trading at 8,812 up 23 points. The BSE Mid-cap Index is trading up 0.62% at 13,132 whereas BSE Small-cap Index is trading up 0.54% at 12,833.
TCS, ICICI Bank, ONGC, Asian Paints and Adani Ports are among the gainers, whereas Maruti Suzuki, Bajaj Auto, HDFC, ITC and Axis Bank are losing sheen on BSE. Some buying activity is seen in IT, metal, oil & gas, banking, auto, basic materials, energy, industrial and pharma sectors, while FMCG sectors is showing weakness on BSE.
The INDIA VIX is up 3.17% at 15.0425. Out of 1,868 stocks traded on the NSE, 663 declined, 906 advanced and 299 remained unchanged today. A total of 49 stocks registered a fresh 52-week high in trades today, while 19 stocks touched a new 52-week low on the NSE.
United Breweries (Holdings) Ltd hit 20% upper circuit on the BSE. Vijay Mallya remains in “full control” even after relocating to the UK, his UB Group’s holding firm United Breweries Holdings Ltd (UBHL) has said while disclosing remuneration totalling Rs. 1.6 crore, as per media reports.
Cox and Kings zoomed 2% to Rs.233.75 on the BSE. According to TV reports, 15.7 lakh shares have changed hands in a single block deal. Unitech is trading marginally down at Rs 6.43. The company has sold 2 million square feet of area amounting to Rs.362 crore during the quarter ended June 30, compared with the year-ago period, on account of higher volumes in the commercial segment. The company had sold 0.23 million square feet area for Rs. 178 crore in the corresponding period of the previous financial year.
NHC Foods Ltd slipped 3.2% on the BSE. The company announced that Malaysia based MAP Enterprises picked up a stake. MAP Enterprises has been the NHC’s overseas partner for the last two decades.
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