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Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
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Auto stocks solely in red 
(Mon, 13 Apr 01:30 pm) 
Indian markets turned positive as BSE Sensex gained over 150 points while NSE-Nifty gained over 40 points. BSE Mid Cap and BSE Small Cap stocks outperformed the markets as smallcaps gained nearly 1.5% while midcap stocks gained about 0.6%. Consumer Durables and capital goods stocks have seen the maximum investor attention. Automobile stocks, however, is the lone loser amidst this rally.

Precious metals continue to trade on a flattish note as gold prices dropped just 0.03% or Rs 9 while silver prices increased marginally by 0.01% or Rs 2. Gold price, per 10 grams, stood at Rs 26,780 levels while silver price, per kilogram, stood at Rs 36,700 levels. Crude oil prices gained during this trading session by 0.6% or Rs 19. Per barrel, crude oil is available at Rs 3,240.

Capital goods stocks have received investor attention especially after the sector bellwether Larsen & Toubro signed a Memorandum of Understanding (MoU) with a French firm. The engineering and construction major has entered into an agreement with AREVA to capitalize on localization for EPR nuclear power that will be constructed at Jaitapur, Maharashtra. Areva's EPR nuclear reactor is a third generation advanced water reactor. In addition to this, Larsen & Toubro will also receive assistance in forging capabilities for L&T special steels and heavy forgings from Areva. TRF Ltd gained the most with gained of 4.9%.

Real estate or construction sector too received investor attention today. RPP infra thumped gains over 6% after the company acquired a new order worth Rs 0.46 bn from Hindustan Prefab Ltd. The order involves construction of 2071 prefabricated toilets for government schools that is located in Andhra Pradesh. Shares of Orbit Corporation and Welspun projects also increased 4.7% and 6.6%, respectively.

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Jul 28, 2017 12:18 PM