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FMCG heavyweight, ITC Limited is responsible to restrict the further losses of Nifty and Sensex and has marginally pulled up the major indices from day’s low. ITC Limited is in the upward trend in morning hours on Friday.CDSL made a stellar debut, opening at Rs 250 per share on its very first day of trading on Friday at a premium of 67.7% as against its issue price of Rs 149 per share.
The stock has been moving higher and higher in first few minutes of trading. The stock has touched its intraday high of Rs 268 per share with the gains of nearly 80% against its issue price.The S&P BSE Sensex is trading at 30790 down 67 points, while NSE Nifty is trading at 9478 down 25 points. A total of 22 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.
There are 672 advances, 872 declines and 401 unchanged stocks on NSE reflecting a negative tone in the market.The BSE Mid cap Index is trading down 0.02% at 14550, while BSE Small cap Index is trading down 0.07% at 15298.
Some buying activity is seen in Power, IT, while, Realty, Bankex, Auto and Energy showing weakness on BSE.Adani Ports, Bharti Infratel, Reliance, TCS, Indusind Bank and Bajaj Auto are among the gainers, whereas Cipla, Aurobindo Pharma, Lupin, Dr Reddy’s are losing on the NSE.The INDIA VIX is up 3.47% at 11.
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