Thursday, 11 January 2018

Nifty Holds 10,600 Mark Ahead Of TCS Q3 Numbers

Posted by suhani varma on Thursday, January 11, 2018 with No comments



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Benchmark indices continued to be rangebound in morning trade but the broader markets outperformed and ahead of TCS numbers.The Sensex and Nifty were trading on a flat note, while the Nifty50 edged down and ahead of TCS numbers.
the BSE Sensex was trading at 34,427, down 6 points, while the broader Nifty50 was ruling at 10,629, down 3 points.

Shares of Tata Consultancy Services traded 0.84% lower ahead of the company's Oct-Dec earnings.

India Nippon Electricals surged 10% on BSE after the company said that its board will consider stock split and interim dividend.

Som Distilleries & Breweries hit a 52-week high after Porinju Veliyath along with Equity Intelligence India bought more than 2% stake in the company through the open market.

The BSE Mid-cap and BSE Small-cap indices were up 0.43% and 0.80%, respectively.

Volatility index India VIX gained 0.83%.

Indiabulls HF (+2.4%), Sun Pharma (+1.8%), Kotak Mahindra Bank (+1.5%), Bharti Airtel (+1.3%) and Tech Mahindra (+1 %) were the top gainers on Nifty50.

Axis Bank (-1.4%), Wipro (-1.4%), Cipla (-1.3%), Coal India (-1.2%) and Ambuja (-1%) were the top losers in today’s trade.

Out of 2,006 stocks traded on the NSE, 1,048 advanced, 613 declined and 345 remained unchanged today.

A total of 107 stocks registered a fresh 52-week high in trade today, while five stocks touched a new 52-week low on the NSE.

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