Live Stock Market Updates - Nifty reclaims 10K
Equity tips:-
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- The Indian stock market edged higher led by gains in Larsen & Toubro, Infosys and Tata Steel. All the sector gauges compiled by BSE were trading higher led by the S&P BSE Capital Goods Index's 0.8% gain.
- Lupin, L&T, Indiabulls Housing, IndusInd Bank, M&M, Aurobindo Pharma, Cipla and Tata Steel were early gainers while HDFC, Kotak Mahindra Bank and Axis Bank were under pressure.
- At 9:32 AM, the S&P BSE Sensex is trading at 31,934 up 87 points, while NSE Nifty is trading at 10,016 up 37 points.
- The BSE Mid-cap Index is trading up 0.5% at 15,909, whereas BSE Small-cap Index is trading up 0.55% at 16,825.
- Lupin, Infratel, Infosys, IndusInd Bank and UPL are among the gainers, whereas BPCL, HPCL, Amubuja Cement and HDFC are losing sheen on NSE.
- Lupin stock gained nearly 1.5% after the pharmaceutical company has received final approval from the US health regulator to market generic Nadolol tablets, used for treatment of hypertension, in the American market
- Some buying activity is seen in IT, pharma, banking, teck, FMCG and energy sectors, while realty and oil & gas are showing weakness on BSE.
- The INDIA VIX is up 0.37% at 11.43.
- The Indian Rupee on Tuesday opened flat at 65.35 against US Dollar.
- The 10 Year bond 6.79 GS 2027 opened at 6.78% in line with its previous close. The bond yields are expected to be in a narrow range due to concerns of rising inflation.
- Out of 1,955 stocks traded on the NSE, 518 declined, 1,005 advanced and 432 remained unchanged today.
- A total of 59 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE.
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