Monday 16 May 2016

Live Stock Market Updates - Sensex, Nifty rough; telecom, managing an account drag

Live Stock Market Updates - Sensex, Nifty uneven; telecom, managing an account dragThe BSE Mid-top Index is exchanging up 0.13% at 11,171, though BSE Small-top Index is exchanging down 0.03% at 11,117. Out of 1,816 stocks exchanged on the NSE, 678 declined, 755 progressed and 383 stayed unaltered today.

At 10:37 AM, the S&P BSE Sensex is exchanging at 25,445 down 44 focuses, while NSE Nifty is exchanging at 7,799 down 16 focuses.

The BSE Mid-top Index is exchanging up 0.13% at 11,171, while BSE Small-top Index is exchanging down 0.03% at 11,117.

Dr.Reddy's, Tata Motors, Adani Ports, BHEL, Asian Paints and Wipro are among the gainers, while SBI, Bharti Airtel, HUL, ICICI Bank, GAIL, Axis Bank, HDFC Bank and ONGC are losing sheen on BSE.

Some purchasing movement is found in realty, IT, pharma, power and modern areas, while managing an account, oil and gas, metal, FMCG, telecom and vitality divisions are indicating shortcoming on BSE.

The INDIA VIX is up 1.48% at 17.2500. Out of 1,816 stocks exchanged on the NSE, 678 declined, 755 progressed and 383 stayed unaltered today.

A sum of 28 stocks enrolled a crisp 52-week high in exchanges today, while 16 stocks touched another 52-week low on the NSE.

The Indian rupee opened lower by 13 paise at 66.90/$ against US Dollar on Monday as against the past close of 66.77/$.On the household front, India's products fares and imports for April 2016 fell by 6.74% and 23.10% to $20.5 billion and $25.4 billion, separately, when contrasted with the same period earlier year. The exchange shortfall of $4.8 billion for the month of April 2016 is a fall for the fourth straight month of the year.

Bank of Baroda Ltd stock was lower by 5% at Rs.147. The bank has posted a net loss of Rs.32301.40 mn for the quarter finished March 31, 2016 contrasted and a net benefit of Rs.5983.50 mn for the quarter finished March 31, 2015. The organization's business rose 150% to Rs.515.57 crore in the quarter finished March 2016 as against Rs.205.93 crore amid the past quarter finished March 2015.

Maithan Alloys hits 20% upper circuit at Rs.251. The organization reported net benefit expanded 361.45% to Rs.46.33 crore in the quarter finished March 2016 as against Rs.10.04 crore amid the past quarter finished March 2015.

Aurobindo Pharma picked up 1% to Rs.793 after the pharma organization has gotten US FDA endorsement for Bupivacaine Hydrochloride Injection.

Ahluwalia Contracts India zoomed 4% to Rs.287 after the organization has secured new activities worth of Rs. 492.65 crores for development of institutional and business building, including Electrical, Plumbing and Firefighting administrations.

SBI slipped 2% to Rs. 181. State Bank of India appended the Kingfisher Villa in Goa, says report. The property has been joined by SBICAP Trustee Company Limited, as a component of recuperation procedures for credits given by a SBI-drove consortium.

Dependence Defense and Engineering bounced 3% to Rs. 66. The organization posted a net benefit of Rs. 1024.40 mn for the quarter finished March 31, 2016 when contrasted with net loss of Rs.1582.80 mn for the quarter finished March 31, 2015.

Union Bank of India dropped 5% to Rs. 109. The Bank has posted a net benefit of Rs. 961.20 mn for the quarter finished March 31, 2016 when contrasted with Rs. 4437.70 mn for the quarter finished March 31, 2015.

Bayer CropScience split 5% to Rs.3885. The Company posted a net benefit of Rs. 165 million for the quarter finished March 31, 2016 when contrasted with Rs. 434 mn for the quarter finished March 31, 2015.

National Bank plunged 4% to Rs. 74. The bank has posted a net loss of Rs.8980.40 mn for the quarter finished March 31, 2016 contrasted and a net benefit of Rs.1742.90 mn for the quarter finished March 31, 2015.

Author : Ways2Capital 




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