Monday 2 January 2017

Live Stock Market Updates - Nifty Trades Below 8,150 Mark

Posted by suhani varma on Monday, January 02, 2017 with No comments


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The Indian stock markets open on a positive note but later pared gains to turn red on Monday. The Nikkei India Manufacturing Purchasing Managers' Index, or PMI, fell to 49.6 in December from November's 52.3. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.

The S&P BSE Sensex is trading at 26,458 down 168 points, while NSE Nifty is trading at 8,147 down 38 points. The BSE Mid-cap Index is trading up 0.06% at 12,038, whereas BSE Small-cap Index is trading up 0.52% at 12,109. Eicher Motors, UltraTech Cement, Ambuja Cements, ACC and BHEL are among the gainers, whereas HDFC, SBI, Bajaj Auto, Bank of Baroda, ICICI Bank are losing sheen on NSE.

A total of 12 stocks registered a fresh 52-week high in trade today, while 12 stocks touched a new 52-week low on the NSE. Out of 1,901 stocks traded on the NSE, 555 declined, 955 advanced and 391 remained unchanged today.

Some buying is observed in realty, media, metal and pharma sectors while financial services, IT, Bank Nifty, FMCG and auto showing weakness on NSE. The INDIA VIX is up 4.63% at 16.1825.
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