Indian Markets Inch Upwards

Wed, 27 Apr 01:30 pm

   Previous Close   

   Pre-Open   

   09:30 am   

   11:30 am   

   Closing   

After opening the day on a flattish note, the Indian stock markets recovered in the post-noon trading session and went on to trade in the green. Sectoral indices are trading on a mixed note with stocks from the telecom and oil & gas sectors leading the gains. Banking stocks are however trading in the red.

The BSE Sensex is trading up 40 points (up 0.2%) and the NSE Nifty is trading up 11 points (up 0.2%). The BSE Mid Cap index and the BSE Small Cap index are trading in the green, both up by 0.4%. Gold prices, per 10 grams, are trading at Rs 29,339 levels. Silver price, per kilogram is trading at Rs 40,733 levels. Crude oil is trading at Rs 2,980 per barrel.

The rupee is trading at 66.50 to the US$. The rupee depreciated 3 paise to 66.55 as against the greenback in early trade today. The selling pressure for rupee comes ahead of the outcome of two-day Federal Reserve policy meet later in the day.

One shall note that the US Federal Reserve has waved the caution flag on interest rate hikes later this year. Fed officials had said a rate increase in April would signal an inappropriate sense of urgency. However, some officials want to raise rates as soon as April if the incoming economic data is consistent with their expectations.

Last month, the US Fed not only left the rates untouched but also signalled that it would expect to raise its benchmark rate just twice this year. This was against the four interest rate hikes this year the Fed predicted earlier. The focal question for now is whether the Fed raise interest rates in its ongoing meeting or leave them untouched.

To keep a regular tab on the movements in USD/INR, you can read weekly updates from the Daily Profit Hunter team. Their roundup tracks the developments in the global economy as well as currency and commodity markets.

Stocks in the automobile space are trading on a mixed note with Ashok Leyland and Hero MotoCorp witnessing maximum buying interest.

In another news update it was reported that Mahindra & Mahindra (M&M) has unveiled a limited edition of its Scorpio starting at Rs 13.07 lakh (ex-showroom Mumbai without octroi).

It was noted that this limited edition Scorpio Adventure is based on the top-end model 'S10' of the new generation Scorpio and only 1,000 vehicles will be produced. The Scorpio Adventure comes with manual transmission and is available in both 2-wheel drive and 4-wheel drive options.

On a separate note, M&M has launched its latest SUV - the NuvoSport earlier this month. The launch has given a further boost to the company's leadership position in the UV segment. Also, the company has launched YUVO, a new age range of tractors in the 30-45 HP category earlier this month.

One shall note that the company has completed nine product launches in FY16. The impact of this, along with the above launches, will be reflected in the financials of FY17. We have discussed this in our result analysis report of the company (subscription required).

Presently the stock of M&M is trading marginally higher.

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