Tuesday 17 October 2017

Live Stock Market Updates - Nifty Holds 10,200 Mark

Posted by suhani varma on Tuesday, October 17, 2017 with No comments



Benchmark indices were flat in trade following mixed cues from other Asian equity markets and some profit booking by investors after Monday's gain. Nifty50 still traded above 10,200 levels.

Shares of Panacea Biotec rose 8% after the company said the drug regulator of Ukraine has issued a good manufacturing certificate for the company's formulation unit in Baddi, Himachal Pradesh.

the S&P BSE Sensex is trading at 32,567, down by 66 points, while NSE Nifty is trading at 10,216 down by 14 points.

The BSE Mid-cap Index is trading up by 0.21% at 16,084 whereas BSE Small-cap Index is trading up by 0.30% at 17,026.

BPCL, HPCL, Indiabulls Housing Finance, YES bank and Aurobindo Pharma are among the gainers, whereas Tata Motors, Bajaj Finance, Zee Entertainment, UPL, and Dr. Reddy are losing steam on NSE.

Panacea Biotec's Baddi unit cleared by Ukraine drug regulator. Stock zooms 10%.

Aurobindo Pharma gets USFDA nod for Nexium generic 24 HR OTC drug. Stock rises 1%.

Godawari Power & Ispat stock soars 5% on additional coal linkage.

Snowman Logistics stock spurts 5% on bagging IKEA deal.

Some buying activity is seen in Telecom, Energy, FMCG, Industrials, Capital goods, and Utilities sectors, while Metals, and Bank sector show weakness in BSE.

The INDIA VIX is up by 2.67% at 11.61.

Out of 1,971 stocks traded on the NSE, 856 advanced, 762 declined, and 353 remained unchanged today.

A total of 71 stocks registered a fresh 52-week high in trade today, while 20 stocks touched a new 52-week low on the NSE.

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