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Markets continue in green
Thu, 21 Apr 01:30 pm

The benchmark indices in the Indian stock market continued to trade in the green in the last two hours of trade. Stocks from Realty, Metal and Software space are trading firm, while those from Capital Goods and Power space are trading weak.

The BSE-Sensex is up by 153 points while NSE-Nifty is trading 36 points above the dotted line. BSE Midcap and BSE Small cap indices are trading up by 0.3% and 0.2% respectively. The rupee is trading at 44.28 to the US dollar.

Power stocks are trading mixed with Jaiprakash Power and Reliance Power leading the pack of gainers. The stocks of GVK Power and Coal India are trading in the red. As per a leading financial daily, Power Grid Corp. has signed an agreement to develop transmission network with Kenya Electric Transmission Company Ltd. (KETRACO) in Nairobi. KETRACO is a 100% state-owned corporation that designs, constructs, operates and maintains high voltage electricity transmission infrastructure. The details of the agreement are yet to be worked out. The company has also signed an agreement to provide 10 weeks training to KETRACO engineers under the first phase. This will be followed by a two months hands-on training and a specialized training based on evaluation reports of the first two phases. These agreements are expected to lead to substantial future consultancy business assignments for Power Grid on a nomination basis. The stock of Power Grid Corp is trading flat.

Software stocks are trading mixed as well with NIIT Ltd, TCS and HCL Infosystems leading the pack of gainers. However, Moser Baer (India) and HCL Tech are trading weak. As per a leading financial daily, NIIT Ltd, an Indian IT (Information Technology)-based educational sector company, has sold its unit Neo Multimedia Ltd to Earth Infrastructures Ltd for US$ 7.3 m (Rs 32.3 Cr). Neo Multimedia was previously known as NIIT Multimedia Ltd. It was a non-operating unit of NIIT Ltd. NIIT has closed the deal today and transferred 100% of this unit to Earth Infrastructures and its nominees. The directors of NIIT Ltd have resigned from Neo Multimedia Ltd. The stock of NIIT Ltd witnessed a steep rise in the morning session of trade. It is now up by 5.1%.

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Stock Market Updates

AUROBINDO PHARMA at All Time High; BSE HEALTHCARE Index Up 0.7% (Today's Market)

May 11, 2021 09:51 AM

AUROBINDO PHARMA share price has hit an all time high at Rs 1,064 (up 1.4%). The BSE HEALTHCARE Index is up by 0.7%. Among the top gainers in the BSE HEALTHCARE Index today are AUROBINDO PHARMA (up 1.4%) and PFIZER (up 1.4%). The top losers include PIRAMAL ENTERPRISES and CAPLIN POINT (down 0.2%).

MARICO at All Time High; BSE FMCG Index Up 0.1% (Today's Market)

May 11, 2021 09:49 AM

MARICO share price has hit an all time high at Rs 487 (up 2.8%). The BSE FMCG Index is up by 0.1%. Among the top gainers in the BSE FMCG Index today are MARICO (up 2.8%) and P&G HYGIENE (up 0.7%). The top losers include DABUR (down 0.1%) and KRBL (down 0.1%).

GRINDWELL NORTON at All Time High; BSE CAPITAL GOODS Index Down 0.3% (Today's Market)

May 11, 2021 09:49 AM

GRINDWELL NORTON share price has hit an all time high at Rs 1,159 (up 3.4%). The BSE CAPITAL GOODS Index is down by 0.3%. Among the top gainers in the BSE CAPITAL GOODS Index today are GRINDWELL NORTON (up 3.4%) and HONEYWELL AUTOMATION (up 0.2%). The top losers include SOLAR INDUSTRIES (down 0.2%) and HAVELLS INDIA (down 0.6%).

SUZLON ENERGY Share Price Up by 5%; BSE OIL & GAS Index Up 1.3% (Today's Market)

May 11, 2021 09:42 AM

SUZLON ENERGY share price is trading up by 5% and its current market price is Rs 6. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is SUZLON ENERGY (up 5.4%). The top losers is ONGC .

BHEL Share Price Up by 5%; BSE CAPITAL GOODS Index Down 0.6% (Today's Market)

May 11, 2021 09:27 AM

BHEL share price is trading up by 5% and its current market price is Rs 70. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index is BHEL (up 5.3%). The top losers are HONEYWELL AUTOMATION and SCHAEFFLER INDIA (down 0.1%).

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May 11, 2021 12:04 PM

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