Live Stock Market Updates – Nifty slips below 10,300 mark
Nifty and Sensex have wiped their previous day gains, taking the cues from the weaker US markets, to begin trade on a lower note.The indices opened lower dragged down by weakness in Tata Motors, Reliance Industries and Axis Bank on account of the tension in the gulf, crude prices are hiked, thereby causing the Oil & Gas sector to decline; OMCs hit with HPCL and BPCL losing over 1% in the Friday early trading hours.At 9:48 AM, the S&P BSE Sensex is trading at 33,178, down by 72 points, while NSE Nifty is trading at 10,289 down by 19 points.The BSE Mid-cap Index is trading down by 0.21% at 16,543 whereas BSE Small-cap Index is trading lower by 0.31% at 17,576.Some buying seen in FMCG, Bank and Capital goods sectors, while Energy, IT, Telecom, Auto, Oil&Gas, and Metal show weakness on the BSE.
The India Vix is down by 1.94% at 13.01.
Out of 1,943 stocks traded on the NSE, 557 advanced, 930 declined, and 456 remained unchanged today.
A total of 25 stocks registered a fresh 52-week high in trade today, while 8 stocks touched a new 52-week low on the NSE.
Divi’s Lab says USFDA withdraws warning letter for co’s Vizag unit-II. Stock spurts 3%.
Nifty Auto Index down . Bharat Forge, Tata Motors (-2%), TVS Motors, Ashok Leyland, Eicher (-1%).
Hatsun Agro halts 8-day gains after multiple block deals. Around 40 lakh shares or 2.5% equity change hands in multiple block deals.
L&T unit wins orders worth Rs 4,023 Cr across various business segment. Stock inches up 1%.
Axis Bank stock dips 1% ahead of meet to raise funds.
Just Dial stock jumps to 6-month high as Google may acquire co. Stock rallies 13.5%.
Jagran Prakashan sold stake in Naidunia Media Ltd for Rs 5 lakh. Stock down 1%.
JK Paper to consider allotment of equity shares to FCCB holders seeking conversion. Stock down 1%.