Tuesday, 13 March 2018

Nifty Hovers Around 10,450 Mark; Bank Of India, PNB Stocks Up

Posted by suhani varma on Tuesday, March 13, 2018 with No comments



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Benchmark indices gained after a flat start led by banking & financials and oil stocks. HDFC twins, SBI, Axis Bank and OMCs are among the top gainers.Benchmark indices extended gains and hit fresh intraday high in morning trade. The BSE Sensex hit an intraday high above the 34,000 level.
the BSE Sensex was trading at 33,976, up 59 points, while the Nifty50 index was trading at 10,447, up 25 points.

The BSE Midcap and the BSE Smallcap indices rose 0.83% and 1.04%, respectively.

TCS stock slipped 5% on the NSE. About 2.84cr shares or 1.5% equity changed hands in six block deals.

Shares of Suzlon Energy rose 3% on commissioning of its new product.

Shares of Cadila Healthcare advanced 1% after it received USFDA nod for Tizanidine tablets.

Cement stocks gained. Shree Cement (up 2%), Ambuja Cements (up 0.42%), ACC (up 0.72%) and UltraTech Cement (up 0.47%) gained.

Volatility index India VIX slipped 1.36% to 14.2950.

HPCL (+5%), BPCL (+3.4%), Axis Bank (+2%), SBI (+1.9%) and Infratel (+1.8%) were the top gainers on Nifty50.

TCS (-5%), Coal India (-1.6%), NTPC (-1.5%), Maruti (-0.74%) and Zee(-0.64%) were the top losers in today’s trade.

Out of 2,016 stocks traded on the NSE, 1,239 advanced, 414 declined and 363 remained unchanged today.

A total of 11 stocks registered a fresh 52-week high in trade today, while 63 stocks touched a new 52-week low on the NSE.

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