Friday 23 December 2016

Live Stock Market Updates - Sensex, Nifty Rally; Pharma, Banking Stocks Gain

Posted by suhani varma on Friday, December 23, 2016 with No comments

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The Indian equity market opened lower on Friday weighed by weak global cues ahead of Christmas holiday. The S&P BSE Sensex is trading at 26,016 up 37 points, while NSE Nifty is trading at 7,987 up mere seven points. The BSE Mid-cap Index is trading up 0.33% at 11,848, whereas BSE Small-cap Index is trading up 0.26% at 11,832.

Sun Pharma, Bajaj Auto, L&T, Grasim and HUL are among the gainers, whereas Eicher Motors, Tata Power, HCL Tech and Tech Mahindra are losing sheen on NSE. A total of three stocks registered a fresh 52-week high in trade today, while 29 stocks touched a new 52-week low on the NSE.

Out of 1,887 stocks traded on the NSE, 631 declined, 886 advanced and 370 remained unchanged today. Some buying is observed in Pharma, Banking and Financial sectors, while FMCG, Telecom, Information Technology, Capital Goods and Metal are showing weakness on NSE. The INDIA VIX is down 0.69% at 15.4450.
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