Monday 20 November 2017

Nifty Stands Steady Above 10,300 Level; Realty Stocks Bloom

Posted by suhani varma on Monday, November 20, 2017 with No comments



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Nifty reclaims on the 10,300 level on back of strong gains from the Metal and Realty indices.HDIL and DLF gain by 2% each.
As the market closing approaches, Nifty and Sensex rise, shying away from the early losses. Nifty is pushed by the blooming Reality Index, which appreciated by 2% on back of the gains from Indiabulls Realestate(+6%), HDIL(+2%) and DLF(+2%).

Sensex is trading at 33,396, up by 53 points, while Nifty is trading at 10,303 up by 20 points.

The BSE Mid-cap Index is trading up by 0.56% at 16,767 whereas BSE Small-cap Index is trading higher by 0.87% at 17,757.

Gainers% changeLosers% change
1GAIL3.31AMBUJACEM-3.28
2YESBANK2.27ICICIBANK-1.91
3COALINDIA2.22ULTRACEMCO-1.69
4BOSCHLTD1.79TECHM-1.28
5NTPC1.75CIPLA-1.23

On the BSE, Energy, FMCG, Healthcare, Industrials, Telecom, Utilities, Metal and Reality sectors have gained since morning, while IT and Teck sectors continue to show weakness.

India Vix is trading lower by 2.06% at 13.43 level.

Among the 1,992 stocks being traded, 1083 advanced, 611 declined, and 298 remained unchanged.

A total of 71 stocks have touched their 52-week high, while 19 stocks dipped to their 52-week low, since morning, on the NSE.


Dixon Tech stock spurts 6% on the BSE, its highest level since listing on Sept 18, 2017.

Nifty Metal Index up 1%. SAIL, JSPL (+4%), NALCO, Coal India (+2%).

Cement shares trade weak as SC ban on import of petcoke. Shree Cement, JK Lakshmi Cement, JK Cements (-4%), Ambuja (-2.5%), UltraTech (-2%).

Meghmani Organics' Ahmedabad unit gets govt clearance. Stock inches up 1%.

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