Wednesday, 22 November 2017

Nifty Trading At 10,340 Level, PSU Banks Shine

Posted by suhani varma on Wednesday, November 22, 2017 with No comments



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Nifty and Sensex are trading in the green on the back of the gains in Media and PSU Banks stocks. PNB and SBI gain 1.5% each to push the PSU Bank Index up, Zee Entertainment appreciated by 3.5% to lead the Media Index among sectoral indices.
 Sensex is trading at 33,587, up 108 points, while Nifty is trading at 10,350, up 23 points.

The BSE Mid-cap Index is trading lower by 0.25% at 16,751, whereas BSE Small-cap Index is trading at 17,847, up 0.19% .

Gainers% changeLosers% change
1ZEEL3.72TECHM-2.18
2ADANIPORTS2.73BAJFINANCE-1.92
3HDFC1.76INFRATEL-1.59
4SBIN1.66HINDALCO-1.55
5GAIL1.63INDUSINDBK-1.33

On the BSE, Finance(+0.19%), Industrials(+0.32%), Auto(+0.33%) and Realty(+0.18%) sectors gained, while Energy(-0.39%), Healthcare(-0.52%), Utilities(-0.19%), Telecom(-0.79%), Power(-0.31%) and Metal(-0.78%) show weakness.

India Vix is trading higher by 2.88% at 14.11 level.

Among the 1,982 stocks being traded, 821 advanced, 825 declined and 336 remained unchanged.

A total of 81 stocks have touched 52-week high, while 15 stocks dipped to 52-week low since morning on the NSE.
 
Nifty PSU Bank gains 2%. PNB (+2.5%),SBI, Indian Bank (+2%), Canara Bank, BoB, Union Bank (+1%).
JP Associates stock falls as top court bars promoters from selling assets.

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