Tuesday, 2 May 2017

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Maruti Suzuki India Limited is the buzzing stock in the opening hours on Tuesday. The stock started upward rally owing to its sales data for the month of April 2017. The stock has touched its fresh 52-week high of Rs 6700 per share up by 2.6%.The company sold a total of 151215 units in April 2017. This includes 144492 units in the domestic market and 6723 units of exports. The stock is the top contributor for the Sensex gains and is trading higher by 1.8% at Rs 6646.05 per share.
 
The S&P BSE Sensex is trading at 30054 up 135 points, while NSE Nifty is trading at 9346 up 42 points. A total of 84 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.64% at 14892, whereas BSE Small-cap Index is trading up 0.69% at 15478.

Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while Telecom sector is showing weakness on BSE. Indiabulls Housing Finance, BPCL, HDFC, Maruti and Bajaj Auto are among the gainers, whereas ACC, Ambuja Cements, Tata Motors and Bharti Airtel are losing sheen on NSE in the first trading hour. The INDIA VIX is up 2.55% at 11.13. 
 
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