Thursday 29 September 2016

Live Stock Market Updates - Sensex, Nifty Rally Banking, Auto Stocks Lead Gains

Posted by suhani varma on Thursday, September 29, 2016 with No comments

Live & Latest Intraday trading Stock Recommendations tomorrow, Stocks in news, Intraday tips free today, Stock market investment tips today and tomorrow, intraday nifty and stocks tips and calls, Thursday 29 Sep 2016, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intraday, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading tips, intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 29 Sep 2016 :-

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The Indian equity market opened higher on firm global cues. The domestic market led by energy producers and automakers amid a rally in crude oil prices. The S&P BSE Sensex is trading at 28,439 up 99 points, while NSE Nifty is trading at 8,779 up 33 points.

The BSE Mid-cap Index is trading up 0.30% at 13,491 whereas BSE Small-cap Index is trading up 0.84% at 13,149. India is well on its way to emerge as a major player in global economy, Finance Minister Arun Jaitley said reacting to the latest WEF’s global ranking. India rose 16 ranks, faster than any other, to climb to 39 in FY17 among 138 countries.

OPEC members agreed to cut output to boost prices despite differences between Iran and Saudi Arabia. Crude oil prices rallied taking with it global equity markets. ONGC, Bajaj Auto, RIL, GAIL, Hero MotoCorp, Coal India, SBI and Adani Ports are among the gainers, whereas Bharti Airtel, Wipro and NTPC are losing sheen on BSE.

Some buying activity is seen in energy, oil and gas, auto, industrial, finance, banking and metal sectors, while telecom sector is showing weakness on BSE.

The INDIA VIX is down 0.34% at 13.8000. Out of 1,869 stocks traded on the NSE, 474 declined, 1,018 advanced and 474 remained unchanged today.

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