Wednesday, 6 July 2016

Live Stock Market Updates - Nifty slips beneath 8,350 imprint

The INDIA VIX is up 0.24% at 15.6150. Out of 1,821 stocks exchanged on the NSE, 786 declined, 709 progressed and 326 stayed unaltered today.

The BSE Sensex opened 61.96 focuses up at 27,340.72, while NSE Nifty opened 8.60 focuses up at 8379.30.

At 10:46 AM, the S&P BSE Sensex is exchanging at 27,185 down 93 focuses, while NSE Nifty is exchanging at 8,343 down 28 focuses.

The BSE Mid-top Index is exchanging down 0.03% at 11,923 while BSE Small-top Index is exchanging up 0.07% at 12,014.

Adani Ports, ICICI Bank, Dr.Reddy's, SBI and Tata Steel are among the gainers, while Bajaj-Auto, NTPC, Bharti Airtel, GAIL, HDFC Bank and Hero MotoCorp are losing sheen on BSE.

Some purchasing action is found in metal, capital products, saving money, mechanical and shopper durables parts, while IT, telecom, utilities, influence, realty, vitality and oil and gas segments are demonstrating shortcoming on BSE.

The INDIA VIX is up 0.24% at 15.6150. Out of 1,821 stocks exchanged on the NSE, 786 declined, 709 progressed and 326 stayed unaltered today.

A sum of 67 stocks enrolled a new 52-week high in exchanges today, while seven stocks touched another 52-week low on the NSE.

The Indian rupee opened higher by 8 paise at 67.23/$ against US Dollar on Monday as against the past close of 67.31/$.

Jaiprakash Associates bounced 12.4% to Rs.10.21 on BSE.The directorate of Jaiprakash Associates Limited endorsed an alteration to the authoritative assention dated 31 March 2016 furthermore the draft plan of course of action with UTCL available to be purchased of concrete business of JAL and its entirely claimed auxiliary, Jaypee Cement Corporation (JCCL) including recognized working bond plants with a total limit of 17.20 MTPA spread over the conditions of Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh other than a granulating unit of 4 MTPA limit which is at present under usage in Uttar Pradesh. The aggregate endeavor esteem now concurred is Rs 16189 crore. An extra measure of Rs 470 crore might be paid by UTCL for finishing of the granulating unit under usage.

Dhanlaxmi Bank Ltd has reported that the Board of Directors of the Bank at its meeting hung on July 04, 2016, affirmed the proposition for further issue of Equity Shares upto a most extreme of Rs. 200 crore on Preferential Allotment premise and hold Postal Ballot for looking for endorsement of shareholders for the same. Dhanlaxmi Bank Ltd is as of now exchanging at Rs. 24.5, up by Rs. 0.5 or 2.08% from its past shutting of Rs. 24 on the BSE.

P rime M inister Narendra Modi is good to go to grow his Cabinet today.

Asian markets opened blended. Nikkei 225 and Hang Seng dropped around 0.88% each . Shanghai Composite is exchanging barely up. European shares finished a four-day winning streak drove by managing an account segment stocks. US markets were shut on Monday for the Independence Day occasion.

The Modi government appears to be set for a Cabinet reshuffle on Tuesday with likely incorporations from Uttar Pradesh, Uttarakhand, Rajasthan and Assam. Of these, U.P. what's more, Uttarakhand are survey bound States and there is much tension on who could be incorporated.

N. S. Vishwanathan assumed control as the Deputy Governor of the Reserve Bank of India . The Government of India, on June 29, 2016 has named him as the Deputy Governor of the Reserve Bank of India, for a time of three years from the date of his assuming control charge of the post on or after July 4, 2016 or until further requests, whichever i prior.


Bajaj Auto Chairman Rahul Bajaj allegedly said that in spite of the fact that India's GDP can hit an unfaltering condition of around 8.5% for quite a while, job "won't ascend at anyplace near that rate of development".

Author : Wealth Research

2 comments:

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