Live Stock Market Updates – Sensex, Nifty open at record high; Yes Bank slips 7%
Markets opened on a positive note taking the cues from US market gains. Buying seen in several sectors, helping the market preserve its previous day gains. Banking sector choppy as Yes Bank reports a dip of around 7%. Telecom Sector trading weak for the third day.At 9:34 AM, the S&P BSE Sensex is trading at 33,198, up by 50 points, while NSE Nifty is trading at 10,339, dipping by 4 points.The BSE Mid-cap Index is trading up by 0.32% at 16,386 whereas BSE Small-cap Index is trading up by 0.54% at 17,350.
BPCL, Kotak Mahindra Bank, GAIL, Tata Motors, and Sun Pharma are among the gainers, whereas YES Bank, Infratel, ICICI Bank, Bharti Airtel, and HPCL are losing steam on NSE.
Some buying seen in Basic Materials, FMCG, Auto, Consumer Durables, and Power Sectors, while Tech, Bank, Telecom, and Finance sectors show weakness on the BSE.
The INDIA VIX is up by 4.11% at 12.09.
Out of 1,953 stocks traded on the NSE, 1,003 advanced, 502 declined, and 448 remained unchanged today.
A total of 46 stocks registered a fresh 52-week high in trade today, while 7 stocks touched a new 52-week low on the NSE.
Yes Bank stock hits 3-month low; worst performer on Nifty50. The stock slips in trade after reporting divergence number of Rs 6,355 Cr for FY17.
Cipla’s US arm gets final USFDA nod for generic Renvela tablets. Stock advances 1%.
Bajaj Auto says it is unaffected by the ban put forth by Karnataka High Court. Stock up 1%.
Future Consumer (+1%) alloted 14.96 lakh shares to Black River Food 2 upon conversion of compulsory convertible debentures.
Aurobindo Pharma gets USFDA nod for Amiodarone Hydrochloride injection. Stock up 1%.
United Spirits stock jumps 13% after Q2 FY18 net profit rises.
Sugar stocks open strong. Dharani Sugar, Dwarikesh Sugar, Dwarikesh Sugar (+4%), Balrampur Chini (+3%).