X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 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
Investing in India? Get Equitymaster Research  
Realty stocks lead the rally 
(Tue, 21 Feb 11:30 am) 
 
Indian stock markets have been trading in the positive over last two hours of trade on buying witnessed in index heavyweights. All sectoral indices were trading in the green except IT and consumer durables.

The BSE-Sensex is trading up by 109 points and NSE-Nifty is trading up by 32 points. BSE Mid cap and BSE Small cap indices are trading strong by 0.8% and 1.1% respectively. The rupee is trading at 49.13 to the US dollar.

Auto stocks are trading strong led by Mah. Scooters and Tube Investments. As per a leading daily, Tata Motors' Nano is all set to enter Bangladesh. As per a local dealer in Bangladesh, the country would be importing 2,000 cars initially but the number might go up with increase in demand. In fact, the number is expected to reach 10,000 cars annually in the next couple of years. The car would likely cost US$ 6098 in Bangladesh. At present, the most popular cars in Bangladesh are the used cars from Japan. These cars are expensive but are known for their higher quality and reliability.

Energy Stocks are trading strong led by Oil and Natural Gas Corporation Ltd. (ONGC) and Castrol. As per a leading daily, Hindustan Petroleum Corporation Limited (HPCL) will construct underground storage facilities to keep crude oil stocks. These would be used to deal with the deficient supply during oil crisis. The announcement was made recently by the Union Minister for Petroleum and Natural Gas. The underground facility would be at Vishakhapatnam and Mangalore. The storage capacity would be 13 lakh tonnes and would be sufficient for supplying petrol for 90 days. The construction work for the underground storage would be competed within 3 months.

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
 
BSE-30
 

 
Go
 

Equitymaster requests your view! Post a comment on "Realty stocks lead the rally". 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

S&P BSE SENSEX


Jul 21, 2017 (Close)

MARKET STATS