X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
Companies Are
Wary of Borrowing.
Read Now
  • MyStocks
MEMBER'S LOGIN

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Markets will remain closed on 19th & 20th October 2017.
We wish all our readers a very Happy Diwali!

Indian markets trade flat
Thu, 12 Feb 11:30 am

After opening in the green, Indian markets are trading just below the dotted line during the last two hours of trade. Majority of the sectoral indices are trading on a positive note. Stocks from the realty and auto sectors are the biggest winners while banking and FMCG stocks witnessed maximum selling pressure.

The BSE-Sensex is down by 30 points and NSE-Nifty is up by 5 points. BSE Mid Cap index and BSE Small Cap index are trading up by 1%. The rupee is trading at 62.15 to the US dollar.

Most of the software stocks are trading firm with Infosys and NIIT India leading the pack. According to a leading financial daily, ICA Gruppen, Sweden's largest retailer has decided to opt for Infosys to manage its IT operations. As per the terms of the agreement, Infosys will provide services across application and infrastructure maintenance to drive operational efficiency and ensure IT projects add significance to the company. The agreement expands on the existing partnership between Infosys and ICA Gruppen with the Swedish Company doubling the percentage of its IT operation provided by Infosys. Infosys is currently trading higher by about 0.9%.

Paint stocks are trading weak today. Asian Paints and Jenson & Nicholson are the leading losers while Kensai Nerolac and AKZO Nobel are marginally trading up. According to a leading financial daily, Berger International Limited, a Singapore based subsidiary of Asian Paints has completed the acquisition of Ethiopian firm Kadisco Paint and Adhesive. The acquisition is considered to be worth US$ 18.95 m, which has been done in cash. Berger International has acquired a 51% stake in the firm pending approvals from the governing authorities in Ethiopia. Asian Paints is currently trading lower by 1.2% on the BSE.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives

 RSS

Read the latest Market Commentary

Equitymaster requests your view! Post a comment on "Indian markets trade flat". Click here!

  

Become A Smarter Investor In
Just 5 Minutes

Multibagger Stocks Guide 2017
Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

OTHER USEFUL LINKS

MARKET STATS


ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
  • GET IT ON GOOGLE PLAY
  • Download on the App Store
FOLLOW

Copyright © Equitymaster Agora Research Private Limited.

Whitelist | Refer | Terms | Privacy | Contact | Advertise | About | Sitemap

Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.