Live Stock Market Updates - Nifty, Sensex steady; Infratel cracks by 5.5%

Equity tips:-

  • Markets opened on a positive note taking the cues from US market gains. PSU Banks and Telecom sector lose steam; Infratel cracks by 5.5%. dragging the Telecom sector down.
  • At 10:47 AM, the S&P BSE Sensex is trading at 33,208, up by 61 points, while NSE Nifty is trading at 10,350, up by 6 points.
  • The BSE Mid-cap Index is trading up by 0.52% at 16,419 whereas BSE Small-cap Index is trading up by 0.67% at 17,372.
  • Adani Ports, Bajaj Finance, Aurobindo Pharma, Kotak Mahindra Bank, and Cipla are among the gainers, whereas YES Bank, Infratel, Bharti Airtel, Indian Oil and HPCL are losing steam on NSE.
  • Some buying seen in Basic Materials, FMCG, Industrials, Auto, Utilities, and Capital Goods,  while Energy, Telecom, Bank, and Oil & Gas sectors show weakness on the BSE.
  • The INDIA VIX is down by 0.51% at 11.55.
  • Out of 1,971 stocks traded on the NSE, 1,032 advanced, 565 declined, and 374 remained unchanged today.
  • A total of 75 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.
  • SAIL extends rally for 4th consecutive session. The stock is up over 33% in last 4 sessions, trading at Jan 2015 highs. 
  • BSE Telecom Sector down by 3.5%; Bharti Airtel (-5%), Infratel(-5.5%), Idea(-2.5%).
  • Mphasis up by 6% after Q2 results.
  • PSU bank Index down by 2%. IDBI (-5.5%), Union Bank of India (-5%), PNB(-4.5%).
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