Friday, 7 October 2016

Live Stock Market Updates - Nifty Slips Below 8700 Mark

Posted by suhani varma on Friday, October 07, 2016 with No comments

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 2016 :-
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The S&P BSE Sensex is trading at 28,149 up 42 points, while NSE Nifty is trading at 8,719 up 13 points. The BSE Mid-cap Index is trading up 0.57% at 13,619 whereas BSE Small-cap Index is trading up 0.39% at 13,277.

ONGC, Tata Steel, GAIL, Tata Motors and Axis Bank are among the gainers, whereas HDFC, L&T, Bajaj Auto and Cipla are losing sheen on BSE. Some buying activity is seen in media, FMCG, realty and metal sectors, while IT and financial service are showing weakness on NSE.

The INDIA VIX is down 0.80% at 14.7150. Out of 1,848 stocks traded on the NSE, 445 declined, 967 advanced and 436 remained unchanged today. A total of 26 stocks registered a fresh 52-week high in trades today, while six stocks touched a new 52-week low on the NSE.

The rupee opened lower six paise at 66.75/$ against US Dollar Friday as against the previous close of 66.69/$. Asian markets opened modestly lower on Friday. Hang Seng and Nikkei 225 are trading in red. Mainland Chinese markets remained closed for the National Day holiday. Wall Street closed flat on Thursday as investors looked ahead to a key employment report. The Dow Jones industrial average fell 0.07%. The S&P 500 rose 0.05% and the Nasdaq fell 0.17%.

Globally markets are in consolidation as wild swings in the Pound sterling which fell 6.5% to a new 30 year low, rise in bond yields & oil hitting 4 month highs are unsettling participants. Strong US jobs data to offset rate hike in December is the market mood in the US as data is awaited today.
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