Live Stock Market Updates - Nifty hovers around life time high
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- Nifty breaks the 10,150 barrier with Telecom stocks leading the bandwagon. Considerable buying is seen in Finance, Energy and Telecom sectors, while FMCG and Realty try to weigh the market down.
- At 10:15 AM, the S&P BSE Sensex is trading at 32,361, up by 179 points, while NSE Nifty is trading at 10,148 up by 51 points.
- The BSE Mid-cap Index is trading up by 0.19% at 15,989 whereas BSE Small-cap Index is trading up by 0.36% at 16,965.
Bharti Airtel, Infratel, Tata Steel, TCS, and Tata Motors are among the gainers, whereas GAIL, BPCL, NTPC, Dr Reddy, and ITC are losing steam on NSE. - BSE Telecom Index up 4%. TTML (+10%), Airtel (+7%), Idea (+4%), Infratel (+3%), Tata Comm (+1%).
- Nifty Metal Index up over 1%. MOIL (+4%), SAIL, Tata Steel (+2%), Hindustan Zinc, NMDC, Vedanta (+1%).
- RIL at record high; gains 6% this week before earnings.
- Bharti Airtel (+7%), Tata Teleservices (+9%), Tata Comm (+1%) after Airtel decided to buy consumer telecom business of Tata Sons.
- Shriram EPC stock rallies 15% after bagging of multiple orders.
- Bharat Financial and IndusInd Bank stock gains ahead of IndusInd's board meeting on Saturday.
- Some buying activity is seen in Telecom, Basic Materials, consumers goods, Energy, Finance, Healthcare and Tech, while FMCG, Utilities, Power and Realty show weakness on BSE.
- The INDIA VIX is down by 1.40% at 10.88.
- Out of 1,965 stocks traded on the NSE, 964 advanced, 575 declined, and 426 remained unchanged today.
- A total of 52 stocks registered a fresh 52-week high in trade today, while 12 stocks touched a new 52-week low on the NSE.
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