Markets Remain Range Bound

Tue, 8 Mar 01:30 pm

   Previous Close   

   Pre-Open   

   09:30 am   

   11:30 am   

   Closing   

Indian indices continue to trade near the dotted line in the post noon trading session. Sectoral indices are trading mixed with stocks from the metal and oil & gas sectors leading the gainers. However, software and banking stocks are witnessing maximum selling pressure.

The BSE Sensex is trading higher by 12 points and the Nifty is trading higher by 3 points (down 1.3%). The BSE Mid Cap index and the BSE Small Cap index are trading higher by 0.1% and 0.6% respectively. The rupee is trading at 67.27 to the US$.

Shares of National Aluminum Company Ltd (Nalco) is trading up by 4% after it was reported that the company will invest around Rs 9 billion in Kakrapar Atomic Power project. At the initial stage the company will acquire 26% stake in the plant and plans to increase it to 49% later. The company's board has approved acquisition of 26% stake in Kakrapar Atomic Power Project through its joint venture (JV) with Nuclear Power Corporation of India (NPCIL) - NPCIL-Nalco Power Company.

Meanwhile, in another development, Nalco's plan to buy back up to Rs. 32.5 billion of government shares is likely to get delayed to the next fiscal because of procedural delays. The government will miss its divestment target in the 2015/16, for the sixth year in a row, as weak commodity prices dented demand for shares of Nalco and other state-controlled companies such as Coal India.

It is to be noted that Nalco has the largest integrated alumina-aluminum complex of Asia. Its integrated operations cover the entire aluminum production value chain from mining bauxite, refining alumina, smelting aluminum, captive power generation to a strong logistic network in terms of rail & port facilities and coal mining.

According to a leading financial daily, Apollo Tyres is planning to invest up to US$600 million in next fiscal in a bid to enhance capacity at its plants in India and abroad. The company will start rolling out tyres from its upcoming plant in Hungary by January 2017.

Moreover, the company is doubling the capacity of its Chennai plant to 12,000 truck and bus radials (TBR) a day from 6,000 TBR. Initially, the company will sell its Apollo Acti series of tyres for motorcycles and scooters in the aftermarket. Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc. Buying activity is witnessed across majority of the auto ancillary stocks with Amara Raja Batteries and NRB Bearings leading the gains.

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

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers