Tuesday 17 January 2017


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More companies are advancing in the market with 1274 advances & 735 declines while 106 stocks are unchanged on BSE. The S&P BSE Sensex is trading at 27312.39 up 24.22 points, while NSE Nifty is trading at 8433.65 up 20.85 points. A total of 28 stocks registered a fresh 52-week high in trade today, while 6 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.42% at 12726.56, whereas BSE Small-cap Index is trading up 0.57% at 12835.29. Surprisingly all the sectors except Metal sector are trading in green. Jindal Steel, JSW Steel and Hindalco are seen to pull down the Metal sector in Tuesday’s trading session. Asian Paints, Hindustan Unilever, Bank of Baroda, Zee Entertainment and Axis Bank are among the gainers, whereas Reliance, Cipla, Tata Steel, Adani Ports and ACC are losing sheen on NSE in the first trading hour.


The INDIA VIX is up 0.74% at 15.1775. Axis Bank is trading at Rs 483.50 per share, up by Rs 6.25 per share or 1.31%. Reliance Industries; in-spite of good results, the stock is trading in red, dragging the markets down. Delta Corp is expected to announce good results on Tuesday’s trading session.


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