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The Indian stock markets are trading flat to slightly higher on Monday despite mixed cues from other Asian markets. The Sensex opened 102.54 points, or 0.37% up at 27,776.14, while Nifty opened 29.55 points, or 0.34% up at 8,612.95.
The Sensex and Nifty pared gain and turned choppy weighed down by losses in metal, auto, telecom, and capital goods stocks. The S&P BSE Sensex is trading at 27,704 up 31 points, while NSE Nifty is trading at 8,557 down 26 points. The BSE Mid-cap Index is trading down 0.49% at 13,354 whereas BSE Small-cap Index is trading up 0.04% at 13,182.
ICICI Bank, Axis Bank, SBI, NTPC, GAIL, and Coal India are among the gainers, whereas Bharti Airtel, Asian Paints, M&M, HDFC Bank, and Adani Ports are losing sheen on BSE. Some buying activity is seen in banking, finance, metal, energy, realty and consumer durables sectors, while telecom, capital goods, auto, and pharma are showing weakness on BSE.
The INDIA VIX is up 4.06% at 15.4925. Out of 1,886 stocks traded on the NSE, 732 declined, 845 advanced and 309 remained unchanged today. A total of 83 stocks registered a fresh 52-week high in trades today, while eight stocks touched a new 52-week low on the NSE. UltraTech Cement slipped 0.74% to Rs 4009. UltraTech Cement will announce its Q2 numbers today.
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