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#Equity benchmarks erased early gains, with the Nifty breaking 9550 level on correction in banks, auto, infra and select technology stocks. The 30-share #BSE #Sensex was down 41.90 points at 31,096.31 and the 50-share #NSE #Nifty slipped 29.70 points to 9,545.25. The broader markets underperformed benchmarks, with the BSE #Midcap and #Smallcap indices falling 0.8 percent each on weak breadth.
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#Equity benchmark indices were trading steady, marginally higher from their opening tick, with the Sensex rising almost one third of a percent. The Nifty managed to hold on to 9900-mark. The #Sensex was up 83.82 points at 31854.71, while the #Nifty was up 30.30 points at 9927.60. The market breadth was positive as 1,348 shares advanced against a decline of 437 shares, while 62 shares were unchanged. Metal stocks continued to gain, but in the broader market, midcaps and smallcaps continued to rise, which aided the rally on D-Street. Infosys, Coal India and Vedanta gained the most on both indices, while HUL, Kotak Mahindra Bank and Zee Entertainment were the top losers.
The Indian stock market has started strongly . Sensex and Nifty is trading with a per cent . Midcap and Smallcap stocks in today's business environment of shopping . NSE Index except media sector index is accelerating . Bank Nifty half per cent , energy , pharma and finance index is higher by half a per cent .
In today’s trade, markets continued to inch higher as the broader markets outperformed. Nifty Midcap index closed ~1% higher and managed to close at the highest point since September 21.
Opening Bell : Equity benchmarks were marginally higher with the Nifty holding 8800 level while the broader markets outperformed, tracking positive Asian cues. Sensex was trading 84.34 points up at 28683.37. Nifty was up 34.50 points at 8,814.35. In the 50-share index, Tech Mahindra, ICICI Bank, Coal India, ONGC and ACC were up between 0.89 per cent and 1.37 per cent. On the other hand, Bharti Infratel, Maruti Suzuki, Axis Bank, Bosch and Infosys were down between 0.78 per cent and 1.12 per cent. About two shares advanced for every share declining on the Bombay Stock Exchange. All Bse Sectors are trading in green zone with positive leads. BSE MidCap and SmallCap indices are respectively trading up with the hike of 0.56% and 0.60%.
Opening Bell : Equity benchmarks wiped out early gains with the Nifty breaking 8000 level on profit booking. Banking & financials, auto and FMCG stocks were under pressure while healthcare, technology and metals stocks gained. The 30-share BSE Sensex was down 13.78 points at 25947 and the 50-share NSE Nifty fell 4.55 points to 7997.75 while the broader markets outperformed benchmarks. The BSE Midcap and Smallcap indices gained 0.3 percent each on positive breadth. About 1143 shares advanced against 695 declining shares on the BSE. L&T extended gains in morning, up nearly 4 percent after the company maintained its order inflow and revenue guidance for FY17. Asian Paints and Tata Steel gained 2-3 percent whereas HDFC was the biggest loser on Sensex, down 2.7 percent followed by ITC, Maruti, M&M, ICICI Bank, Wipro and HDFC Bank. Asian stocks traded higher, tracking US stock markets' rise to all-time closing highs on Tuesday. Australian index surged 1 percent.