Monday 18 July 2016

Live Stock Market Updates - Sensex recaptures 28K-level; Nifty nears 8600 imprint

The INDIA VIX is up 2.55% at 16.0375. Out of 1,834 stocks traded on the NSE, 451 declined, 1,069 advanced and 314 remained unchanged today.

The BSE Sensex opened 84.16 points up at 27,920.66, while NSE Nifty opened 22.65 points up at 8,564.05. At 10:59 AM, the S&P BSE Sensex is trading at 28,002 up 165 points, while NSE Nifty is trading at 8,580 up 39 points.

The BSE Mid-cap Index is trading up 0.37% at 12,170, whereas BSE Small-cap Index is trading up  0.73% at 12,067.

Maruti Suzuki, Tata Motors, Asian Paints, RIL and Bajaj-Auto are among the gainers, whereas ONGC, NTPC, Wipro, Cipla and Bharti Airtel are losing sheen on BSE.

Some buying activity is seen in auto, realty, industrial, banking, energy and finance sectors, while FMCG and consumer durables sectors are showing weakness on BSE.

The INDIA VIX is up 2.55% at 16.0375. Out of 1,834 stocks traded on the NSE, 451 declined, 1,069 advanced and 314 remained unchanged today.

A total of 57 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE.

The Indian rupee opened lower by eight paise at 67.15/$ against US Dollar Monday as against the previous close of 67/.07$.

MindTree slipped 1% to Rs.629.55 on BSE. The IT company will announce its Q1 result today.

Asian markets are trading mixed. Japan's Nikkei gained 0.68%, Hong Kong's Hang Seng was up 0.5% and Shanghai Composite are trading marginally lower. US stocks closed mixed on Friday.

Prime Minister Narendra Modi on Sunday sought the Opposition's cooperation in the passage of GST Bill. The Opposition is set to target the government over developments in Arunachal Pradesh and Kashmir during parliament's monsoon session starting today.

On the economy front, India's exports in June were USD 22.5 billion compared with USD 22.2 billion in the year ago period while imports declined 7.33% to USD 30.6 billion from USD 33.1 billion in June 2015.

Meanwhile, the trade deficit widened to USD 8.1 billion vis-a-vis USD 6.27 billion in May.

Results to watch out for include HUL, Mindtree and Exide Industries among others. India's foreign exchange reserves fell by $ 1.228 billion to $ 361.943 billion in the week ended July 8, the Reserve Bank of India said. India's India's reserve position in the International Monetary Fund (IMF) went down by $ 5.9 million to $ 2.389 billion, the bulletin added.


Author : Ways2Capital

1 comment:

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