Live Stock Market Updates - Sensex, Nifty erase early morning gains; RIL, Axis Bank stock down

Equity tips:-


  • The Indian equity market came off the record highs on the back of profit-booking in Reliance Industries and select banking & financials stocks. Metals, FMCG and auto stocks continued to gain.
  • At 10:28 AM, the S&P BSE Sensex is trading at 32,515, up by 85 points, while NSE Nifty is trading at 10,193 up by 25 points.
  • The BSE Mid-cap Index is trading up by 0.05% at 15,974 whereas BSE Small-cap Index is trading up by 0.16% at 16,953.
  • Bharti Airtel, Vedanta, Hindalco and Cipla are among the gainers, whereas Axis Bank, Indusland Bank, RIL, Yes Bank and SBI are losing steam on NSE.
  • Godrej Agrovet settles at Rs 615.6/sh vs issue price of Rs 460/sh.
  • OMCs stock at day's high. Gail, IOC, BPCL gain by nearly 1%.
  • BSE Telecom Index gains 1.5%. TTML (+10%), Idea (+3%), Infratel (+2%), Airtel (+1.5%)
  • IndusInd Bank (-2%) seals the deal to acquire Bharat Financial Inclusion (+3%). Deal values Bharat Financial at Rs 1,118 per share, a premium of 11.5%.
  • Glenmark Pharma gets ANDA approval for Aprepitant capsules. Stock trades in green.
  • Some buying activity is seen in Basic Materials, FMCG, Metals, Healthcare, Telecom and Auton sectors in BSE.
  • The INDIA VIX is up by 0.86% at 11.36.
  • Out of 1,973 stocks traded on the NSE, 1,054 advanced, 494 declined, and 425 remained unchanged today.
  • A total of 48 stocks registered a fresh 52-week high in trade today, while 20 stocks touched a new 52-week low on the NSE.

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