Live Stock Market Updates – Nifty hovers around 10,400 mark; HCL soars over 2%
Nifty and Sensex erase the morning gains as weakness is seen across several sectors including Energy, Telecom, Consumer Durables and Oil & Gas sectors. IT Index gains by 1.5%, lead by HCL and Infosys, gaining by 2%.
At 10:25 AM, the S&P BSE Sensex is trading at 33,615, down by 115 points, while NSE Nifty is trading at 10,408 down by 43 points.
The BSE Mid-cap Index is trading down by 0.88% at 16,641.44 whereas BSE Small-cap Index is trading down by 0.72% at 18,032.91.
HCL, TCS, Infosys, Wipro, and Tech Mahindra are among the gainers, whereas YES Bank, HPCL, BPCL, Indian Oil, and Indiabulls Housing Finance are losing steam on NSE.
Some buying seen in IT and Capital Goods sectors, whereas Energy, Telecom, Consumer Durables, and Oil & Gas sectors show weakness on the BSE.
The India Vix is up by 3.93% at 13.53.
Out of 1,969 stocks traded on the NSE, 568 advanced, 1,004 declined, and 397 remained unchanged today.
A total of 97 stocks registered a fresh 52-week high in trade today, while 9 stocks touched a new 52-week low on the NSE.
ONGC stock gains 1% as crude hits 2-year high.Delta Corp stock drops 2% after 39.4 lakh shares change hands in multiple blocks at Rs 281/ sh.Nifty Pharma Index up 1%. Aurobindo, Cadila, Sun Pharma, Dr Reddy’s (+1%).BSE Oil & Gas Index trades in green. ONGC (+2.5%), GAIL, Oil India (+2%), Petronet, Castrol (+1%).HDFC Standard Life Insurance IPO opens today. Issue price set Rs 275-290 per share.RCom inked pact with Veecon Media & TV to sell Reliance Big TV’s DTH operations across India. Stock up 1%.Himachal Futuristic stock zooms 5% on order win from BSNL.