Live Stock Market Updates – Market trades in negative territory
Benchmark indices are trading with weak whereas broader market indices continue to trade in positive territory.
Nifty Bank index lost 71 points and currently trading at 24,237 level. IndusInd is majorly contributing to index losses and dragging the index further to trade in lower levels.
IndusInd Bank is gaining in trade by 0.38% at Rs 1662.10 per share.
BPCL is the top Nifty gainer and gaining in trade by 2.12% at Rs 532.00 per share.
Meanwhile, BSE Energy is the top gaining index trading at 3845 levels gaining 1.08%. Reliance Industries is contributing majorly to index gains and pushing the index to trade at higher levels.
Reliance Industries is trading higher by 1.20% at Rs 1582.50 per share followed by BPCL up 2.28% at Rs 532.90 per share and IOC up by 1.50% at Rs 458.65 per share.
On the contrary, Gujarat NRE Coke slipped in trade by 4.05% at Rs 1.42 per share.
At 10 AM, the S&P BSE Sensex is trading at 31,586 down 60 points, while Nifty is trading at 9869 down 13 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading up 0.15% at 15,529 and BSE Small-cap Index is trading up 0.26% at 15,908 levels.
Some buying activity is seen in Oil & Gas and Auto sectors, while FMCG, Healthcare sectors are showing weakness on BSE.
BPCL, IOC and Wipro are among the gainers while Bharti Airtel, Bosch Ltd and Dr. Reddy’s Lab are losing on the NSE.
The INDIA VIX is down 3% at 12.4.