Wednesday 8 March 2017

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Infosys and Reliance are pulling down the Sensex in the morning hours on Wednesday. Infosys is trading at Rs 1008 per share, down by 1.1%.Broader markets are trading in red. There are 552 advances, 959 declines and 412 unchanged stocks on NSE reflecting some negative undertone in the market.

Nifty Metal is the top loser among the sectoral indices on NSE. State owned NMDC Limited is the top loser in the index trading at Rs 141.1 per share, down by 4.2%. Other Metal stocks like Vedanta Limited, National Aluminium Company Limited are also trading in red lower by more than 2%.

Bank Nifty is trading flat at 20646 levels. Yes Bank is trading at Rs 1467 per share, up by 1.4%. The S&P BSE Sensex is trading at 28999 down 114 points, while NSE Nifty is trading at 8918 down 28 points. A total of 38 stocks registered a fresh 52-week high in trade today, while 11 stocks touched a new 52-week low on the NSE.

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