Thursday, 14 July 2016

Live Stock Market Updates - Nifty holds 8,500 imprint

The BSE Mid-top Index is exchanging up 0.11% at 12,130, though BSE Small-top Index is exchanging up 0.19% at 12,104.

At 9:42 AM, the S&P BSE Sensex is exchanging at 27,861 up 53 focuses, while NSE Nifty is exchanging at 8,527 up negligible six focuses.

The BSE Mid-top Index is exchanging up 0.21% at 12,142, though BSE Small-top Index is exchanging up 0.20% at 12,105.

ONGC, Tata Steel, Adani Ports, ICICI Bank, Coal India, GAIL and RIL are among the gainers, though Martuti Suzuki, Bharti Airtel, Bajaj-Auto, PowerGrid, Axis Bank and HDFC Bank are losing sheen on BSE.

Some purchasing action is found in metal, oil and gas, power, modern, utilities and capital merchandise divisions, while pharma, purchaser durables, auto and shopper optional segments are demonstrating shortcoming on BSE.

The INDIA VIX is up 2.18% at 15.1050. Out of 1,812 stocks exchanged on the NSE, 642 declined, 800 progressed and 370 stayed unaltered today.

A sum of 39 stocks enlisted a crisp 52-week high in exchanges today, while 9 stocks touched another 52-week low on the NSE.

The rupee opened higher by nine paise at 67.09/$ against US Dollar Wednesday as against the past close of 67.18/$.

Asian markets are exchanging higher. Japan's Nikkei surged 0.99%, Hong Kong's Hang Seng was up 0.75% and Shanghai Composite are exchanging hardly higher. Taiwan Weighted slipped 0.35%.

US stocks shut higher on Tuesday. The Dow Jones Industrial Average shut at another untouched high, up 0.66%, at 18,347.67 focuses. The S&P 500, which shut at another high on Monday, rose 0.7% to 2,152.14 focuses. The Nasdaq Composite added 0.69% to 5,022.82 focuses.

On the economy front, retail swelling crawled up to a 22-month abnormal state of 5.77% in June on expansion in nourishment costs including that of key kitchen staples like vegetables and oats. Mechanical creation likewise developed by 1.2% in May in the wake of seeing a constriction in the earlier month, for the most part because of uptick in buyer durables yield.

Indian homebuilders with noteworthy interests in the London property business sector will confront close term challenges from Britain's vote to leave the EU on June 23, Fitch Ratings said.


On Tuesday, FIPB cleared six remote direct venture proposition worth about Rs.180 crore.

Author : Wealth Research

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