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Thursday, 31 August 2017

Nifty Ends Above 9,900 Mark

Posted by suhani varma on Thursday, August 31, 2017 with No comments

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Markets ended in positive territory after a range bound intraday trade. Nifty ended gaining 33 points at 9,917 level and BSE Sensex closed higher gaining 84 points at 31,730 level.Wipro is the top Nifty gainer closing higher by 2.28% at Rs 297.85 per share.Reliance, HDFC and Maruti were the top index gainers in Thursday’s trade. Reliance Industries closed higher by 2.02% at 1,595 per share, HDFC closed higher by 1.11% at Rs 1,779 per share and Maruti Suzuki gained 1.67% at Rs 7,696 per share.
BSE Mid-cap index closed higher by 0.22% at 15,539. BSE Small-cap index closed higher by 0.84% at 16,001. India VIX closed lower by 7.2% at 11.9.

There were 974 advances, 656 declines and 332 unchanged stocks on NSE reflecting a positive undertone floating in the market.Wipro, Maruti Suzuki and Tata Power are the top Nifty gainers, whereas Bosch, Bharti Infratel and Coal India are the top Nifty losers.Defence stocks were buzzing during Thursday’s trading session amid volatile market ahead of August derivative expiry. Defence stocks namely Astra Microwave Products closed higher by 3.13% at Rs 130 per share, Reliance Defence and Engineering closed higher by 6.86% at Rs 57.65 per share and Walchandnagar Industries closed higher 2.84% at Rs 144.85 per share.

The share of Bombay Dyeing and Manufacturing Company was buzzing on Thursday’s trading session amid volatile market. The stock breached upper circuit at Rs 114.80. It also traded new 52 week high at Rs 114.80 per share on Thursday. The stock closed higher by 9.96% at Rs 114.80 per share.

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Live Stock Market Updates Markets Trade Range Bound

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F&O: Nifty Trades Cautious Ahead Of Expiry

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Live Stock Market Updates – Market Continue To Trade Lower

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Live Stock Market Updates Market Near Days Low

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Bears are dominating the market pushing the benchmark indices to trade lower. In Nifty50 index, there are 17 advances, 34 declines indicating a negative undertone.BPCL is the top Nifty gainer soaring by 1.72% at Rs 529.90 per share while Bharti Infratel lost 2.09% at Rs 376.70 per share.Immediate support can be seen around 9850-9840. Bank Nifty lost 60 points or 0.25% at 24,248 level.

Meanwhile, Nifty Realty is the only index trading in positive territory. The index is trading higher by 0.33% at 277.55 level.Contributing majorly to index gains DeltaCorp is the top index gainer soaring by 3.48% at Rs 194.80 per share followed by Sobha up 3.4% at Rs 194.80 per share.On the contrary, Phoenix Mills is down 1.24% at Rs 516 per share followed by HDIL down 0.80% at Rs 61.75 per share. The S&P BSE Sensex is trading at 31,589 down 56 points, while Nifty is trading at 9870 down 13 points. A total of 50 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates Market Trades In Negative Territory

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Opening Bell – Markets Open Flat

Posted by suhani varma on Thursday, August 31, 2017 with No comments

Nifty opened at 9,888 level, up 4 points while Sensex opened at 31,649 level, up by 3 points.Wipro was top Nifty gainer trading at Rs 295.05 per share, up by 1.32% while NTPC was top Nifty loser trading at Rs 164.35 per share, down by 2.14%. There were 882 advances, 457 declines and 484 unchanged stocks on NSE reflecting positive undertone floating in the market.

On the broader markets, BSE Mid-cap index was trading at 15,501 level, down 0.03% while BSE Small-cap index was trading at 15,904 level, up by 0.23%.Nifty finds strong support around 9,800 while 9,940 will act as resistance on the upside.

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Market Recovers Tuesdays Losses Nifty Ends Below 9,900

Posted by suhani varma on Wednesday, August 30, 2017 with No comments

In the broader markets, BSE Mid-cap index outperformed the major indices, closed at 15,505 level, up by 1.49%. BSE Small-cap index closed at 15,864 level, up by 1.33%.Bank Nifty ended at 24,308 level, up by 179 points. Yes Bank was the top gainer in the index closed at Rs 1,750 per share, up by 1.65%.

BSE Oil & Gas was the top gaining index, which closed at 15,093 level, up by 2.32%. Hindustan Petroleum was the top gainer on the index ending at Rs 485 per share, up by 3.77%.BSE Metal was the top gaining index, closing at 13,292 level, up by 2.64%. JSW Steel was top gainer on the index, closing at Rs 260.1 per share, up by 5.28%.NTPC OFS got subscribed by 0.69 times by the retail portion as of 1525 hours. The issue was oversubscribed by 1.4 times by the non-retail investors in the previous trading session. Infosys founder, NR Narayana Murthy defended his role while speaking to investors during the concall held on Tuesday saying that his actions were in the interest of shareholders. The stock of Infosys ended at Rs 926.7 per share, marginally down by 0.08%.

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Live Stock Market Updates: Nifty Hovers Around 9,900

Posted by suhani varma on Wednesday, August 30, 2017 with No comments

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Live Stock Market Updates: Market Extends Gain

Posted by suhani varma on Wednesday, August 30, 2017 with No comments

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Benchmark index, Nifty has been trading near high point of the day and has crossed the important mark of 9,900. There are 46 advances and 5 declines in the index signalling strong positive undertone. Nifty futures of August series is trading at 9,906 level, at premium of 9 points.

Bank Nifty has also marginally extended opening gains and is trading at 24,348 level, up by 0.9%. Yes Bank is top gainer in the index trading at Rs 1,757 per share, up by 2.08%.There are 1,330 advances, 266 declines and 360 unchanged stocks on NSE reflecting bulls taking control of the market.The S&P BSE Sensex is trading at 31,697 up 307 points, while NSE Nifty is trading at 9,903 up 107 points. A total of 52 stocks registered a fresh 52-week high in trade today, while 26 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates: Nifty, Sensex Hold Morning Gains Metal Stocks Shine

Posted by suhani varma on Wednesday, August 30, 2017 with No comments

Nifty has been holding its morning gains. HDFC twins and Reliance Industries have been contributing the most to its gains.Nifty Metal is top gainer among the sectoral indices on NSE trading at 3,455 level, up by 67 points or 1.98%. NMDC, JSW Steel, Jindal Steel, Ratnamani and Hindalco are among the top gainers in the index trading higher by more than 3%.

Welspun Corporation and Vedanta are also trading in positive territory, higher by more than 2%.There are 1,336 advances, 230 declines and 389 unchanged stocks on NSE reflecting bulls taking control of the market. The S&P BSE Sensex is trading at 31,607 up 218 points, while NSE Nifty is trading at 9,873 up 77 points. A total of 44 stocks registered a fresh 52-week high in trade today, while 24 stocks touched a new 52-week low on the NSE.

Live Stock Market Updates: Nifty Comfortably Above 9,850

Posted by suhani varma on Wednesday, August 30, 2017 with No comments

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Opening Bell - Markets Open Higher

Posted by suhani varma on Wednesday, August 30, 2017 with No comments

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Nifty Snaps 4 Day Gaining Streak, Ends Below 50-DMA

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

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Markets ended their trade in red strongly led by bearish sentiments. Nifty in the mid-market hours breached the 9800 mark and again slipped below the crucial level. Nifty 50 index ended below 50-DMA at 9810 level. Sensex lost over 350 points majorly led by HDFC twins, Infosys and Reliance Industries. Both the benchmark indices lost over 1% at the closing hours of trade.Tech Mahindra was the top Nifty gainer finishing its today’s trade up 1.23% at Rs 433 per share.

Bank Nifty closed lower by 248 points or 1.02% at 24,128 levels.All sectoral indices on BSE ended in red wherein BSE Telecom was the top loser slipping 1.87%. NTPC was the biggest index loser after Government has diluted its stake via OFS. The stock closed lower by 2.88% at Rs 168.35 per share on BSE. Nifty closed lower by 116 points at 9796 level. BSE Sensex closed lower by 362 points at 31,388 level.

BSE Mid-cap index closed lower by 130 points at 15,277. BSE Small-cap index closed lower by 166 points at 15,651. India VIX closed higher by 7.1% at 13.54.There were 385 advances, 1099 declines and 35 unchanged stocks on NSE reflecting a negative undertone floating in the market.Tech Mahindra, M&M and ZEE Entertainment Enterprise are the top Nifty gainers, whereas Bank of Baroda, NTPC and Hindalco are the top Nifty losers.NTPC Limited, a public sector power generation company’s offer for sale gets over-subscribed on Tuesday. The non-retail portion of NTPC OFS got oversubscribed by 1.41 times.

Live Stock Market Updates Sensex, Nifty Down Over 1%

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

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Markets continue to sink as it approaches towards the closing hours of trade. In Nifty50 index there are only 5 advances and 46 declines indicating strong bearish sentiments.BSE Sensex lost over 350 points majorly contributed by HDFC and Reliance Industries.Broader market indices are also following the trend and lost over 100 points to trade at lower levels.

All sectoral indices on NSE are trading in negative territory wherein Nifty Financial Services is the top index loser.Meanwhile, BSE Telecom index is the top index loser among sectoral indices on BSE. The index slipped 1.97% at 1425 level. Bharti Airtel is majorly contributing to index losses and dragging it to lower levels. Bharti Airtel is down 1.6% at Rs 428 per share.

On the contrary, OnMobile Global is up by 1.66% at Rs 58.20 per share and ITI is up 1.31% at Rs 92.65 per share. The S&P BSE Sensex is down 354 points at 31,396, while Nifty is down 116 points at 9796. A total of 40 stocks registered a fresh 52-week high in trade today, while 33 stocks touched a new 52-week low on the NSE.

Live Stock Market Updates : Nifty Extends Losses, Sensex Sheds Over 300 Points

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

Live Stock Market Updates: Markets Continue To Trade Lower Nifty Near Days Low

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

Markets continue to trade lower as dominated by bearish sentiments. Benchmark indices along with broader market indices are continues to trade in negative territory. Nifty continues to trade below 9850 level. HDFC twins and Relaince Industries are dragging the index further to lower levels. NTPC is down 2.9% at 168.25 per share.

Nifty Financial Services index is the top index loser among sectoral indices on NSE. The index traded lower by 1% at 9995 level.HDFC is the top index loser and dragging it to lower levels. The stock is down by 2.07% at Rs 1729.85 per share. On the contrary, Bajaj Holdings and Investments is the top index gainer up by 4.6% at Rs 2,965.10 per share.

The S&P BSE Sensex is trading at 31,454 down 296 points, while Nifty is trading at 9822 down 90 points. A total of 38 stocks registered a fresh 52-week high in trade today, while 28 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading down 0.20% at 15,377, while BSE

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Live Stock Market Updates Nifty Eyes 9850,Sensex Pares Losses

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Live Stock Market Updates Market Extends Losses

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

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Bears are dominating the market pushing the benchmark indices to trade lower. In Nifty50 index there are 10 advances, 41 declines indicating a strong negative undertone.NTPC is the top Nifty loser slipping in trade by 3.35% at Rs 167.50 per share.Meanwhile, BSE Power is the top losing index among sectoral indices. The index slipped in trade by 0.80% at 2249 level.

NTPC is majorly contributing to index losses and dragging it to lower levels. The stock lost in trade by 3.2% at Rs 167.80 per share on BSE followed by Siemens down 1.5% at Rs 1270 per share and Tata Power Company down 1% at Rs 78.05 per share.Pincon Spirits was buzzing on the bourses as the Government of West Bengal has lifted ban on liquor retail outlets within municipal limits. The stock soared 6.93% at Rs 56.30 per share on BSE.The S&P BSE Sensex is trading at 31,499 down 251 points, while Nifty is trading at 9837 down 75 points. A total of 30 stocks registered a fresh 52-week high in trade today, while 25 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates Market Trades In Negative Territory

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

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Benchmark indices are trading with weak sentiments indicating a negative undertone dominating the market.Meanwhile, ACC Ltd, Bank of Baroda, Tata Power Company and Tata motors DVR are the stocks being excluded from Nifty 50 index whereas Bajaj Finance Hindustan Petroleum and UPL are to be included in Nifty 50 index with effect from September 29, 2017.

Nifty Bank index lost 167 points and currently trading at 24,210 level. Bank of Baroda is majorly contributing to index losses and dragging the index further to trade in lower levels.Meanwhile, BSE Oil & Gas is the top gaining index trading at 14,944 levels gaining 0.19%. BPCL is contributing majorly to index gains and pushing the index to trade at higher levels.

BPCL is trading up by 1.35% at Rs 514.80 per share on BSE followed by Hindustan Petroleum Corporation up 1.57% at Rs 471.40 per share and IOC up 0.93% at Rs 444.00 per share.On the contrary, Indraprastha Gas is the top index loser slipping in trade by 1.68% at Rs 1225.45 per share. The S&P BSE Sensex is trading at 31,563 down 187 points, while Nifty is trading at 9,852 down 60 points. A total of 26 stocks registered a fresh 52-week high in trade today, while 22 stocks touched a new 52-week low on the NSE.

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Opening Bell - Markets Open Lower

Posted by suhani varma on Tuesday, August 29, 2017 with No comments

Nifty opened at 9,886 level, down by 26 points while Sensex opened at 26 level, down by 31,724 points.IOC was top Nifty gainer trading at Rs 9,870 per share, up by 0.61% whereas NTPC was top Nifty loser trading at Rs 167.6 per share, down by 3.29%. There were 477 advances, 924 declines and 504 unchanged stocks on NSE reflecting strong positive sentiments floating in the market.

On the broader markets, BSE Mid-cap index was trading at 15,399 level, down by 0.05% while BSE Small-cap index was trading at 15,800 level, down by 0.11%. Nifty50 index after registering up-move for fourth session in a row, now needs to cross major hurdle of 9,930-9,940 and if it does sustain above this resistance zone it may extended its up-move upto levels of 9,980-10,020. On the flip side, the region of 9,870-9,980 is an immediate support level and if this support is breached next support stands at 9,840.

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Nifty, Sensex End Higher Infy Top Gainer

Posted by suhani varma on Monday, August 28, 2017 with No comments

Nifty ended at 9,912 level, up by 55 points while Sensex ended at 31,750 level, up by 154 points in Monday’s trading session. Nifty could end above 9,900 level after five trading sessions. There were 1,097 advances, 555 declines and 323 unchanged stocks on NSE reflecting strong positive undertone floating in the market.

Infosys was top Nifty gainer to close at Rs 941 per share, up by 3.16%. The stock witnessed trading volume of 2,03,41,113 shares and traded value of Rs 1921.86 crore in today’s trading session. On the broader markets, BSE Mid-cap index ended at 15,407 level, up by 1.02% while BSE Small-cap index ended at 15,814 level, up by 1.07%.

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Live Stock Market Updates: Infy Continues To Lead Nifty

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Live Stock Market Updates: Nifty Off Day's High

Posted by suhani varma on Monday, August 28, 2017 with No comments

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Nifty is firmly holding its gains and not showing any strong movement in the post-lunch hour on Monday. Nifty Pharma index has slipped from its day’s high point to trade higher by 0.72% at 8,965 level.Divi’s Laboratories was the top gainer in the index trading at Rs 691.5 per share, up by 2.69%. Sun Pharma was also up by over 2% to trade at Rs 492.85 per share on NSE.

There were 1,113 advances, 517 declines and 343 unchanged stocks on NSE reflecting strong positive sentiments floating in the market. The S&P BSE Sensex is trading at 31,727 level up by 131 points, while NSE Nifty is trading at 9,900 level up 43 points. A total of 51 stocks registered a fresh 52-week high in trade today, while 34 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates: Markets Hold Morning Gains

Posted by suhani varma on Monday, August 28, 2017 with No comments

India and China have agreed to disengage from the Sikkim border that began in June easing geo-political tensions between two neighbours.Nifty50 index has slightly moved upward in afternoon trade. All the sectoral indices on NSE have been trading in positive territory showing strong positive sentiments floating in the market. Infosys is still top gainer in the Nifty and Sensex holding its morning gains and contributing the most tot their gains.

The S&P BSE Sensex is trading at 31,770 level up by 174 points, while NSE Nifty is trading at 9,912 level up 55 points. A total of 50 stocks registered a fresh 52-week high in trade today, while 32 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates: Nifty Hovers Around 9,905

Posted by suhani varma on Monday, August 28, 2017 with No comments

Major indices have been holding their morning gains and are not witnessing any strong movement. Infosys and HDFC are top contributors to their gains. Nifty’s immediate support is placed at 9900 and resistance at 9940 mark.

Nifty PSU Bank index has turned into negative territory and is trading 4 points lower at 3,318 level. Canara Bank is top loser in the index trading at Rs 339.6 per share, down by 0.47%. Broader market indices have been outperforming the major indices in the market.

The S&P BSE Sensex is trading at 31,746 level up by 150 points, while NSE Nifty is trading at 9,904 level up 47 points. A total of 45 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates: Nifty Comfortably Above 9,900

Posted by suhani varma on Monday, August 28, 2017 with No comments

Nifty and Sensex have extended opening gains. Up-move in Bank Nifty index has pushed the major indices to higher levels. Bank Nifty index touched its intraday high of 24,398 level, up by 124 points. Bank of Baroda is top gainer in the index trading at Rs 145.15 per share, up by 1.61%. Federal Bank and IDFC Bank were also trading in positive territory, higher by more than 1%.

Heavyweight bank stock, HDFC Bank has moved to green zone after opening with the marginal loss. The stock is trading at Rs 1765.2 per share, up by 0.15%. The S&P BSE Sensex is trading at 31,766 level up by 170 points, while NSE Nifty is trading at 9,912 level up 55 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 25 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates: Nifty Holds Above 9,900 Infy Contributes To Gains

Posted by suhani varma on Monday, August 28, 2017 with No comments

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Nifty has been struggling to stay above the important level of 9,900 level. Strong support may be seen around 9800 while 9920 will act as immediate resistance on the upside.Infosys has been holding its opening gains and is trading at Rs 941.65 per share, up by Rs 29.5 per share or 3.23%. The stock is contributing the most to Nifty and Sensex gains.The S&P BSE Sensex is trading at 31,747 level up by 151 points, while NSE Nifty is trading at 9,901 level up 44 points. A total of 33 stocks registered a fresh 52-week high in trade today, while 17 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.63% at 15,348, whereas BSE Small-cap Index is trading up 0.71% at 15,756.Some buying activity is seen in all the sectors on BSE reflecting positive undertone in the market.Infosys, Eicher Motors, Sun Pharma, NTPC and Adani Ports are among the gainers, whereas Power Grid, TCS, BPCL, Indiabulls Housing Finance and ITC are losing sheen on NSE in the first trading hour.The INDIA VIX is up 1.19% at 12.72.

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Opening Bell – Nifty, Sensex Open Higher Infy Top Nifty Gainer

Posted by suhani varma on Monday, August 28, 2017 with No comments

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Nifty opened at 9,907 level, up by 50 points while Sensex opened at 160 level, up by 31,756 points. Infosys is top Nifty gainer trading at Rs 947.9 per share, up by 3.92%.There were 922 advances, 409 declines and 492 unchanged stocks on NSE reflecting positive sentiments floating in the market.

Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,930. On the way downside, the level of 9,830 is an immediate support level and the next support is seen around 9,770.Rupee opened at 63.87 per USD.

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Live Stock Market Updates: Nifty, Sensex Marginally Higher

Posted by suhani varma on Thursday, August 24, 2017 with No comments

Pharma stocks have been holding their gains in closing hour. Nifty and Sensex have been trading lacklustre with marginal gains. 26 Nifty constituents are trading in positive territory while other 24 stocks are losing sheen showing mixed sentiments floating in the market.Bank Nifty has inched up by 47 points at 24,364 level in the closing hour ahead of its weekly expiry of derivative contracts.

There are 996 advances, 646 declines and 318 unchanged stocks on NSE reflecting fairly positive undertone in the market. The S&P BSE Sensex is trading at 31,626 up 54 points, while Nifty is trading at 9,867 up 15 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 31 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates: Nifty Off Day's Low Mid-Caps Outperform

Posted by suhani varma on Thursday, August 24, 2017 with No comments

Live Stock Market Updates: Lacklustre Trade On D-Street

Posted by suhani varma on Thursday, August 24, 2017 with No comments

Live Stock Market Updates: Nifty, Sensex Trade Flat

Posted by suhani varma on Thursday, August 24, 2017 with No comments

Live Stock Market Updates: Nifty, Sensex Pare Opening Gain

Posted by suhani varma on Thursday, August 24, 2017 with No comments

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Nifty and Sensex have erased most of the opening gains. Bank Nifty index has also turned to negative territory paring opening gains to trade at 24,240 level, down by 78 points. Punjab National Bank was the top loser in the index trading at Rs 140.7 per share, down by 1.37%. Among the sectoral indices, Nifty Pharma is top gainer trading at 8,724 level, up by 108 points or 1.26%. Cadila Healthcare is top gainer in the index trading at Rs 485.4 per share, up by 4.92%. The S&P BSE Sensex is trading at 31,592 up 24 points, while NSE Nifty is trading at 9,860 up 8 points. A total of 22 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.33% at 15,180, while BSE Small-cap Index is trading up 0.24% at 15,612.Some buying activity is seen in IT, Capital Goods, Metal, while Realty, Finance, Telecom are showing weakness on BSE.Sun Pharma, Tata Power, Infosys, Lupin and Tech Mahindra are among the gainers, whereas Adani Ports, Asian Paints, Hindustan Unilever, HDFC and Bajaj-Suto are losing sheen on NSE in the first trading hour.The INDIA VIX is down 0.73% at 13.08.

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Opening Bell - Markets Open Higher; Infy Top Nifty Gainer

Posted by suhani varma on Thursday, August 24, 2017 with No comments

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Live Stock Market Updates: Nifty Trades Near Intraday High, Sensex Soars Over 250 Points

Posted by suhani varma on Wednesday, August 23, 2017 with No comments

Live Stock Market Updates Nifty Trades Range-Bound

Posted by suhani varma on Wednesday, August 23, 2017 with No comments

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Benchmark indices are trading range bound wherein Nifty is managing to trade above 9,800 level and BSE Sensex continues to gain over 100 points contributed majorly by Infosys. Infosys is pushing the markets to trade higher. The stock is trading higher 2.17% at Rs 896.20 per share.Broader market indices are showing marginal downfall in levels slipping away from their gains.

Nifty Realty is the top gaining index among sectoral indices and trading higher by 2.63% at 273.15 level.Meanwhile, Nifty Media is the top losing index slipping y 0.28% at Rs 2919 level. D.B. Corp is the major index loser and dragging the index to trade in lower levels.D.B. Corp is trading lower by 1.71% at Rs 373.00 per share followed by PVR down by1.45% at Rs 1253.95 per share and ZEE Entertainment Enterprise is down 1% at Rs 511.30 per share. The S&P BSE Sensex is trading at 31,425 up 133 points, while Nifty is trading at 9803 up 32 points. A total of 72 stocks registered a fresh 52-week high in trade today, while 85 stocks touched a new 52-week low on the NSE.

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Live Stock Market Updates – Steady Trade At D-Street

Posted by suhani varma on Wednesday, August 23, 2017 with No comments

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Benchmark indices are trading in green followed by broader market indices showcasing strong bullish sentiments. BSE Midcap index and Small-cap index are trading higher by nearly 1%, respectively.
Infosys jumped 2.49% at Rs 899.00 per share on the back of news reported by a leading business agency that Nandan Nilekani may return to head Infosys. There was a sharp surge seen in the traded volume of the stock.

Meanwhile, Nifty PSU Bank index was the top gaining index among other indices. The index soared higher by 1.57% at 3283 level.Allahabad Bank is the top index gainer trading at 4.13% at Rs 66.75 per share followed by Union Bank up by 3.30% at Rs 133.20 per share, Bank of India is up 3.23% at Rs 143.65 per share. The S&P BSE Sensex is trading at 31,447 up 155 points, while Nifty is trading at 9806 up 40 points. A total of 72 stocks registered a fresh 52-week high in trade today, while 82 stocks touched a new 52-week low on the NSE.

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