Thursday, 5 January 2017

Live Stock Market Updates - Nifty Trading Over 8200, Auto And Bank Stocks Up

Posted by suhani varma on Thursday, January 05, 2017 with No comments


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Nifty and Sensex are stable and trading in green post the first hour of trading. Auto and Bank stocks are providing the right support to benchmark indices. In addition, Nifty Auto and Metal are indicating strong positive uptrend.  Nifty Auto gained 1.26% while Metal gained 1.47%.

Banks are gaining on an intraday basis on January 5, with several of the banks like Laxmi Vilas Bank, Corporation Bank, Indian Bank, DCB Bank, Vijaya Bank and Dena Bank all trading firmly up, even as the broader markets trade in green. Bank of Baroda is the stock of the day in the Bankex index. The stock of the bank is trading up by 2%.

The S&P BSE Sensex is trading at 26807 up 174 points, while NSE Nifty is trading at 8248 up 58 points. A total of 31 stocks registered a fresh 52-week high in trade today, while 5 stocks touched a new 52-week low on the NSE.Out of 1893 stocks traded on the NSE, 320 declined, 1213 advanced and 360 remained unchanged today.

The BSE Mid-cap Index is trading up 0.84% at 12194, whereas BSE Small-cap Index is trading down 0.85% at 12372.Some buying activity is observed in Auto, bank, Metal, Oil & Gas, Pharma sectors, while Telecom, Realty are showing weakness on BSE.

Tata Motors, Yes Bank, Tata Motor DVR, Adani Ports, Hero MotoCorp, Wipro, Bank of Baroda, ONGC, Bosch, Bharti Airtel are among the gainers, whereas Infratel, M&M, Ambuja Cement, HDFCare losing sheen on NSE.The INDIA VIX is down 3.13% at 15.39.


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