Tuesday 18 October 2016

Live Stock Market Updates - Nifty Nears 8,600 Mark

Posted by suhani varma on Tuesday, October 18, 2016 with No comments

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The Indian equity market started the Tuesday’s trading session in the positive zone. At 11:34  AM, the S&P BSE Sensex is trading at 27,773 up 243 points, while NSE Nifty is trading at 8,590 up 69 points. The BSE Mid-cap Index is trading up 0.98% at 13,422 whereas BSE Small-cap Index is trading up 0.95% at 13,233.

Tata Steel, HDFC, ICICI Bank, RIL, ITC, GAIL and Adani Ports are among the gainers, whereas Asian Paints, Bharti Airtel, ONGC and TCS are losing sheen on BSE. Some buying activity is seen in realty, banking, finance, metal, IT, oil & gas, industrial and consumer durables sectors, while telecom is showing weakness on BSE.

The INDIA VIX is down 3.40% at 15.1225. Out of 1,879 stocks traded on the NSE, 385 declined, 1,194 advanced and 300 remained unchanged today. A total of 71 stocks registered a fresh 52-week high in trades today, while nine stocks touched a new 52-week low on the NSE.

Cairn India inched up 0.32% to Rs 222.10 on the BSE after the Delhi High Court dismissed its plea seeking permission to export crude oil extracted from Rajasthan block. Suven Life Sciences Ltd gained 2.5% after the company announced that it has grant one product patent from Europe and Israel corresponding to the New Chemical Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases and these Patents are valid through 2030 and 2029 respectively.
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