20 April 2015

Today’s Live Indian Stock Market Tips

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In Indian Stock Equity benchmarks as well as broader markets extended losses in morning trade today, dragged by technology, auto, FMCG and HDFC group stocks. The Sensex fell 129.45 points to 28312.65 and the Nifty declined 43.20 points to 8562.80. The BSE Midcap and Smallcap indices fell 0.9 percent each. About 797 shares have advanced, 1104 shares declined, and 127 shares are unchanged on the BSE. Bids can be made for minimum 225 equity shares and in multiples of 225 equity shares thereafter.
The stock market as extended losses in the morning deals, owing to feeble US markets and as selling pressure continues in select index heavy-weights. The BSE Sensex tumbled to a fresh in intra-day low at 28,254, led by auto, realty, IT, FMCG, metal and capital goods shares. The BSE benchmark index has now slipped 168 points at 28,274.The NSE Nifty has slipped below 8,600-mark to hit a low of 8,547. The Nifty index is now down 50 point at 8,551.
Infosys topped the selling list on Sensex, down 2.6 percent followed by TCS, Tata Motors, Mahindra & Mahindra, Hero Motocorp, Coal India and Sesa Sterlite with 1-2 percent losses. Index heavyweight Reliance Industries declined 0.7 percent despite strong earnings in Q4 with the profit rising over 22 percent and gross refining margin at USD 10.1 a barrel. However, shares of Sun Pharma rebounded today with 2.6 percent upside. ICICI Bank, Dr Reddy's Labs, ONGC and Tata Steel gained 0.5-1 percent.

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