Tuesday 28 March 2017


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Banking stocks are sizzling on bourses such as, Axis Bank is up by 2.2%, ICICI Bank is up by 1.1%, Bank of Baroda is up by 1%, State Bank of India is up by 0.5%, IndusInd Bank is up by 0.7% and HDFC Bank is up by 0.6%. Axis Bank is contributing nearly 70% to the BSE Bankex gains on Tuesday.

Other stocks in the index like, Yes Bank is up by 0.2% and Kotak Mahindra Bank is up by 0.2%. At 1 PM, the S&P BSE Sensex is trading at 29,418 up 181 points, while NSE Nifty is trading at 9104 up 59 points. A total of 80 stocks registered a fresh 52-week high in trade today, while 21 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.7% at 13917, whereas BSE Small-cap Index is trading up 0.8% at 14191. Some buying activity is seen in Realty index, while FMCG, Utilities, Capital Goods and Energy and Oil & Gas indices are showing weakness on BSE. Infratel, Idea, Aurobindo Pharma, HCL Tech and Axis Bank are among the gainers, whereas Tech Mahindra, ONGC, Gail, Coal India, Hero MotoCorp and ITC are losing on the NSE. The INDIA VIX is down 1.8% at 12.2.

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