Indian markets remain subdued
Indian shares are trading flat on weak global cues. U.S. stocks fell overnight after posting two days of record highs and Asian stocks are following suit, keeping gains in check. Meanwhile, investors await wholesale price inflation data due out later in the day for further direction before the Lok Sabha election results due tomorrow.
At 10:17AM BSE SENSEX was at 23845.09 up by 29.97 points or by 0.13 per cent and then NSE Nifty was at 7117.05 up by 8.3 points or by 0.12 per cent.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 453.75,+6.29%), GAIL (India) Ltd. (Rs. 404.00,+2.18%), Tata Power Company Ltd. (Rs. 86.25,+1.77%), Sun Pharmaceutical Industries Ltd. (Rs. 621.55,+1.68%), NTPC Ltd. (Rs. 127.65,+1.67%), among others.
The top losers of the BSE Sensex pack were Coal India Ltd. (Rs. 334.40,-2.48%), Oil And Natural Gas Corporation Ltd. (Rs. 364.70,-1.06%), ICICI Bank Ltd. (Rs. 1395.20,-1.03%), Hindalco Industries Ltd. (Rs. 139.80,-0.99%), Sesa Sterlite Ltd. (Rs. 195.50,-0.84%), among others.
The top gainers of the NSE Nifty pack were Tata Steel Ltd. (Rs. 452.75,+6.01%), NTPC Ltd. (Rs. 128.20,+2.15%), Sun Pharmaceutical Industries Ltd. (Rs. 623.25,+1.81%), GAIL (India) Ltd. (Rs. 402.60,+1.78%), DLF Ltd. (Rs. 163.45,+1.77%), among others.
The top losers of the NSE Nifty pack were Asian Paints Ltd. (Rs. 535.90,-3.77%), Bank of Baroda (Rs. 939.00,-1.97%), Coal India Ltd. (Rs. 337.05,-1.82%), NMDC Ltd. (Rs. 156.60,-1.63%), Jindal Steel & Power Ltd. (Rs. 257.95,-1.38%), among others. In BSE, BSE_CDS index was at 7514.45 up by 75.76 points or by 1.02%. Titan Company Ltd. (Rs. 309.60,+1.91%), Videocon Industries Ltd. (Rs. 166.35,+1.37%), PC Jeweller Ltd. (Rs. 95.30,+0.16%),.
In BSE, BSE Power index was at 1877.28 up by 7.98 points or by 0.43%. Jaiprakash Power Ventures Ltd. (Rs. 16.85,+3.06%), Tata Power Company Ltd. (Rs. 86.25,+1.77%), NTPC Ltd. (Rs. 127.65,+1.67%), Siemens Ltd. (Rs. 801.00,+1.16%), Bharat Heavy Electricals Ltd. (Rs. 219.00,+1.15%),. The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2098, shares advanced were 882 while 1096 shares declined and 120 were unchanged.
Indian shares are trading flat on weak global cues. U.S. stocks fell overnight after posting two days of record highs and Asian stocks are following suit, keeping gains in check. Meanwhile, investors await wholesale price inflation data due out later in the day for further direction before the Lok Sabha election results due tomorrow.
At 10:17AM BSE SENSEX was at 23845.09 up by 29.97 points or by 0.13 per cent and then NSE Nifty was at 7117.05 up by 8.3 points or by 0.12 per cent.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 453.75,+6.29%), GAIL (India) Ltd. (Rs. 404.00,+2.18%), Tata Power Company Ltd. (Rs. 86.25,+1.77%), Sun Pharmaceutical Industries Ltd. (Rs. 621.55,+1.68%), NTPC Ltd. (Rs. 127.65,+1.67%), among others.
The top losers of the BSE Sensex pack were Coal India Ltd. (Rs. 334.40,-2.48%), Oil And Natural Gas Corporation Ltd. (Rs. 364.70,-1.06%), ICICI Bank Ltd. (Rs. 1395.20,-1.03%), Hindalco Industries Ltd. (Rs. 139.80,-0.99%), Sesa Sterlite Ltd. (Rs. 195.50,-0.84%), among others.
The top gainers of the NSE Nifty pack were Tata Steel Ltd. (Rs. 452.75,+6.01%), NTPC Ltd. (Rs. 128.20,+2.15%), Sun Pharmaceutical Industries Ltd. (Rs. 623.25,+1.81%), GAIL (India) Ltd. (Rs. 402.60,+1.78%), DLF Ltd. (Rs. 163.45,+1.77%), among others.
The top losers of the NSE Nifty pack were Asian Paints Ltd. (Rs. 535.90,-3.77%), Bank of Baroda (Rs. 939.00,-1.97%), Coal India Ltd. (Rs. 337.05,-1.82%), NMDC Ltd. (Rs. 156.60,-1.63%), Jindal Steel & Power Ltd. (Rs. 257.95,-1.38%), among others. In BSE, BSE_CDS index was at 7514.45 up by 75.76 points or by 1.02%. Titan Company Ltd. (Rs. 309.60,+1.91%), Videocon Industries Ltd. (Rs. 166.35,+1.37%), PC Jeweller Ltd. (Rs. 95.30,+0.16%),.
In BSE, BSE Power index was at 1877.28 up by 7.98 points or by 0.43%. Jaiprakash Power Ventures Ltd. (Rs. 16.85,+3.06%), Tata Power Company Ltd. (Rs. 86.25,+1.77%), NTPC Ltd. (Rs. 127.65,+1.67%), Siemens Ltd. (Rs. 801.00,+1.16%), Bharat Heavy Electricals Ltd. (Rs. 219.00,+1.15%),. The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2098, shares advanced were 882 while 1096 shares declined and 120 were unchanged.
