Indian stock markets had a positive opening in the morning but soon lost the speed before the end of the first hour of trade. Surprisingly the markets came to the positive line but soon gave up few points. The markets again gained points quickly to reach to the day opening levels but the last hour trade witnessed heavy selling forcing the markets to touch an intra-day low.
CNX Nifty ended the day at 4754.70 down by 0.79%. The CNX IT closed the day at 5606.30 down 0.75%. Bank Nifty is down 8392.45 and is down by 1.20%. Top Nifty gainers include BPCL (up about 2.8%), JP Associates, Unitech, HDFC Bank, Hindalco, Bharti Airtel, Hero Honda, Grasim (all up over 1%), Sterlite Industries and ABB (both marginally in the green). Top Nifty losers include Cipla, SAIL, M&M, Punjab National Bank, Tata Steel, Tata Power, Sun Pharma, NTPC, SBI and L&T.
The Bombay Stock Exchange opened the day at 16,042.18, touched an intra-day high of 16,141.13 and an intra-day low of 15,892.01 to close at 15,900.82 as against to the previous day close of 16,042.18. The Sensex has effectively slipped 141.36 points (or 0.88%) in today’s trade.
The Indian stock markets had a flat trading day today. The Nifty opened the day on a little downside, inched to the day low in less than an hour of trade and ever since then moved towards the positive and kept holding it albeit with little gains.
Nifty which closed at 4760.40 closed today at 4786.45 gaining 0.55%. The CNX IT closed up 2.18%. CNX Midcap closed 0.85% while Nifty Midcap 50 closed up by 1.11%.
Top Nifty gainers of the day include Grasim (up over 4%), Cairn, ACC, Ambuja Cement (all up over 3%), Wipro, Infosys, Hero Honda (all up over 2%), Sun Pharma, Idea and Siemens (all up over 1%).
On the losers side BPCL (down 2.5%), Suzlon, Hindustan Unileaver, DLF, Hindalco, ONGC, ITC, Jindal Steel (all down over 1%), M&M and IDFC (both marginally down).
The BSE Sensex opened the day at 15,940.73, touched an intra-day high of 16,094.13 and intra-day low of 15,862.90 and closed the day at 16,029.95 having gained 94.34 points today. IT and PSU sectoral indices have done well while Oil & Gas and Realty stocks took the beating.
The Exchange has successfully completed its 2478thNormal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2010017 on January 29, 2010. The settlement statistics are as follows:
Particulars
Values
N-2010017
Total traded quantity (lakhs)
8813.98
Total traded value (Rs. In Crores)
18715.55
Total value of the settlement (Securities) (Rs. In Crores)
5338.12
Total value of the settlement (Funds) (Rs. In Crores)
2285.05
Shortages for the settlement
0.08%
Retail Debt Market has completed its 1752nd settlement, details of which are as follows:
The Indian stock markets are trading flat this morning. The good thing is that the NSE is still holding the critical 5000-level. In fact, market analysts have put 4990 as the base from where value-based stock picking can be made by investors.
Nifty is at 5015.90 down 0.09%. IT stocks look weak. MPhasis, Polaris, HCL Tech, TCS, Infosys, Mindtree, Rola are trading in the red. Sterlite is up 2.4%. Ranbaxy, ABB, Axis Bank, DLF, Cairn, ITC, Tata Steel, PNB and Siemens are leading the Nifty charts. On the losing side are Suzlon that had the news of promoters selling a part of their holdings. The other losers include Bharti Airtel, L&T, Wipro and Reliance Capital
The Indian stock markets had a postivie start this morning. Sensex is up by 231 points at 11178 points. Nifty is up 2% and is trading at 3439.25 points. Midcap stocks are stealing the show.
Top Nifty gainers include Unitech, Suzlon, Reliance Infra, Tata Motors, Reliance Capital, Tata Steel, HCL Tech, Larsen & Toubro, SBI and Axis Bank.
On the losing side are Cipla, Tata Power, ITC and Sun Pharma.