Market Updates, Major Stocks in Action

Market Updates

The key benchmark indices represented the markets opened the day lower, for want of global cues, and later moves between gains and losses with Asian markets trading mixed trends.

The BSE Sensex was trading at 42,007-marks, up by 74 points while the Nifty50 stood at 12370-mark, up 14 points at 10.00-am.

Sectoral indices are mixed with gains and losses with the Nifty Bank, Private Bank, PSU Bank, Financial and Realty are seeing moderate selling, whereas Nifty Auto, FMCG, IT, and Pharma witness some buying.

Bharti Airtel, Reliance, HeroMotoCorp, Nestle India and Eicher Motors were among the top gainers in the Nifty50, whereas Bharti Infratel, Yes Bank, IndusInd Bank, Gail India and State Bank of India were major losers.

Among stocks, Shares of GAIL India were trading lower over 2% to Rs126.00-per share, after the board approved fundraising of Rs1,500-Cr. To get more information Stock Tips and free trading tips visit our website.

Yes Bank slipped 3 percent, after reports that Moody’s placed the bank’s long-term foreign-currency issuer rating of B2 under review.

Shares of TCS was trading 0.27 percent higher to Rs.2,244.80-per share, ahead of its quarterly numbers today.

Shares of Reliance Industries trade 2 percent higher to Rs.1,569.75-per share, ahead of its quarterly results being announced today.

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