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Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
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Indian share markets slip
Mon, 2 Mar 01:30 pm

Indian share markets remained volatile and slipped in the red in the post-noon trading session after a report revealed that HSBC PMI for manufacturing activity fell to a five-month low to 51.2 for the month of February. Majority of the sectoral indices are trading in the red with FMCG and consumer durable being the major losers. Capital goods and banking stocks are the biggest gainers today.

BSE Sensex is down 40 points and NSE-Nifty is marginally up. BSE Mid Cap and BSE Small Cap indices have outperformed the market today with gains of 0.60% and 0.30%, respectively. The Indian Rupee is trading marginally higher by 0.05 at 61.88 against the U.S. Dollar.

Majority of the energy stocks are trading strong as petrol and diesel prices were increased throughout India. The major gainers are Indian Oil Corporation and Gujarat Gas. The hike in prices was the consequent result of increase in the international crude oil prices. Petrol prices were raised by Rs 3.18 while diesel prices were hiked by Rs 3.09.

Automobile stocks remained mixed in today's trading session, however Maruti Suzuki India has gained over 2% as it reported positive sales for the month of February. The company said that sales of automobiles increased 8.7% year over year to 1,18,551 units. Domestic sales of the company increased 8.2% to 1,07,892 units while exports of the company improved by 14% to 10.659 units.

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Jan 18, 2018 03:35 PM

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