Wednesday 11 January 2017


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The Indian stock market opened higher for second straight day with the Nifty reclaiming 8,300 mark. LT, Tata Steel, Coal India and Tata Motors are the other index stocks that are contributing positively to the Sensex gains.

In terms of percentage gains Tata Steel is the top gainer recording gains of 3.74% on intraday basis on Wednesday. The BSE Sensex surged by 150 points at 27,050, while the Nifty50 is trading higher by 55 points at 8,343 mark. The BSE Mid-cap Index was up by 0.90% at 12,560, whereas BSE Small-cap Index was up by 0.87% at 12,693.

Tata Steel, Hindalco, IndusInd Bank, UltraTech Cements and Ambuja Cements were among the gainers, whereas Bajaj Auto, ITC, Bosch, Kotak Bank and TCS were among those losing sheen on NSE.

A total of 39 stocks registered a fresh 52-week high in trade today, while five stocks touched a new 52-week low on the NSE. Out of 1,902 stocks traded on the NSE, 456 declined, 1,055 advanced and 391 remained unchanged today. Some buying was observed in metal, Banking, media, financial services, FMCG and realty sectors, while IT stock showed weakness on NSE. The INDIA VIX was down  3% at 14.75.

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