Live Stock Market Updates – Sensex, Nifty end flat; Realty, IT drag

India Infoline News Service | Mumbai | April 21, 201615:32 IST

The India VIX (Volatility) index was down 3.29% to 16.5125. The NSE Nifty closed with a loss of mere three points at 7,912. The NSE Nifty opened at 7,954 hitting a high of 7,978 and low of 7,884.

Sensex, BSE, Mumbai
Closing bell:

The BSE Sensex ended with a gain of 36 points at 25,880. The BSE Sensex opened at 25,980 touched an intra-day high of 26,080 and low of 25,783.

The NSE Nifty closed with a loss of mere three points at 7,912. The NSE Nifty opened at 7,954 hitting a high of 7,978 and low of 7,884.

The banking, finance, oil and gas, metal and pharma were among the top gainers. On the other hand, realty, IT, capital goods, teck and utilities stocks ended with losses.

The India VIX (Volatility) index was down 3.29% to 16.5125.

Live market:

At 2:52 PM, the S&P BSE Sensex is trading at 25,813 down 31 points, while NSE Nifty is trading at 7,892 down 22 points. 

The BSE Mid-cap Index is trading down 0.70% at 10,986, whereas BSE Small-cap Index is trading down 0.60% at 11,068.

ICICI Bank, SBI, Axis Bank,  Tata Motors, ONGC, Maruti Suzuki, Coal India, Asian Paints and HDFC are among the gainers, whereas Wipro, ITC, BHEL, Bharti Airtel, M&M and Hero MotoCorp are losing sheen on BSE.

Some buying activity is seen in banking, oil and gas, auto, industrial,consumer durables, metal, finance and pharma sector, while IT, telecom, realty, FMCG, basic materials, utilities, capital goods and teck are showing weakness on BSE. 

 The INDIA VIX is down 2.31% at 16.6800. Out of 1,802 stocks traded on the NSE, 932 declined, 612 advanced and 258 remained unchanged today.

A total of 33 stocks registered a fresh 52-week high in trades today, while 13 stocks touched a new 52-week low on the NSE.

The Indian rupee opened lower by 10 paise at 66.32/$ ageinst US Dollar on Thursday as against the previous close of 66.22/$.  On Wednesday, the rupee traded on a strong note against the greenback, influenced by persistent foreign capital inflows and the ensuing buoyancy in the domestic markets. On the domestic front, India’s macroeconomic profile has improved considerably, manifested by narrowing current account deficit, moderating inflation, lower interest rates and stable economic growth.

Jay Bharat Maruti jumped 8.2% to Rs.153.50 on BSE. The company reported Rs.12.69 crore net profit for the quarter ended March 31 compared to Rs.10.02 crore reported in the same period a year ago. The company has recommended a final dividend of 40% (i.e. Rs. 2/- per equity share of Rs. 5/- each) for the financial year ended March 31, 2016 which shall be paid after the conclusion of the 29th Annual General Meeting subject to approval of the shareholders of the company.

VST Industries climbed 4.2% to Rs.1,770.50 on BSE. The company reported Rs.49.3 crore net profit for the quarter ended March 31 compared to Rs.152.20 crore reported in the year-ago period.

Wipro cracked 6.2% to Rs.564 on BSE. The IT company registered a 6% rise in net revenue at Rs.13,742 crore in Q4 as against Rs.12,952 crore in Q3. The net profit of the company increased marginally to Rs.2,235 crore in Q4 FY16 as against Rs.2,234 crore in Q3.  The company’s revenue stood at Rs. 13,741.70 crore, clocking growth of 6.1% qoq and 12.9% yoy.

Amtek Auto Ltd stock was higher by 13% at Rs.41. The company experienced a spurt in volumes by more than 3.09 times.

Stone India stock was higher by 10% at Rs. 81. The company has bagged an order for supply & installation of 9090 units of Bio-Toilets to Govt. of Chattisgarh valuing Rs. 28.70 crores via its Business Associate, Cranberry Westlink T & D Inc.

Tide Water Oil Co. (India) Ltd
 has entered into an agreement to acquire UK-based lubricant maker Price Thomas Holdings Ltd for £9.59 million (Rs.91.3 crore). The stock is currently trading at Rs. 6371, up by Rs. 144 or 2.31% from its previous closing of Rs. 6227 on the BSE.

Shares of Axis Bank were trading higher 1.9% at Rs. 467 on BSE today. Around 42.5 lakh shares were traded in a single block on the NSE.

Read More:
Sensex, Nifty to open on positive note
Sensex rallies 200 points; Nifty above 7950-mark

Top 12 stocks in focus today: Wipro, Bharti Airtel, Maruti Suzuki 


 

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