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Indices make a rebound after brief period of trading in red. Telecom, Metals, and Reality stocks spike with Airtel gaining over 5%, driving the
Telecom sector upwards.
At 13:37 PM, the S&P BSE Sensex is trading at 32,412, up by 22 points, while NSE Nifty is trading at 10,156 down by 9 points.
The BSE Mid-cap Index is trading up by 0.39% at 16,138 whereas BSE Small-cap Index is trading down by 0.09% at 17,066.
Ambuja Cement, ICICI Bank, Ultra Cement, Bharti Airtel, and Reliance are among the gainers, whereas Axis Bank, Infratel, UPL, Cipla, and HDFC are losing steam on NSE.
Some buying seen in Basic Materials, Tech, Telecom, and Reality while FMCG, finance, healthcare, industrials show weakness on the BSE.
The INDIA VIX is down by 1.02% at 12.52.
Out of 1,979 stocks traded on the NSE, 749 advanced, 925 declined, and 305 remained unchanged today.
A total of 82 stocks registered a fresh 52-week high in trade today, while 20 stocks touched a new 52-week low on the NSE.
Supreme Court refuses bail to Sanjay Chandra,suggests auction of Unitech assets to refund buyers.
Nifty Pharma Index dips 1%.Cipla (-3%), Lupin (-2%), Glenmark, Aurobindo (-1%).
A2Z Infra stock soars 3% on approving one-time settlement with SICOM.
BSE Telecom Index up over 2.5%. Idea (+8%), RCom (+7%), Airtel, TTML (+5%), Tata Comm (+3%).
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