Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Indian stock markets remain flat
Thu, 14 May 01:30 pm

The Indian markets continued to trade weak in the post-noon trading session. Sectoral indices are trading mixed with mining and software witnessing the maximum selling activity. However, buying activity was witnessed in aluminum and auto sectors.

The BSE-Sensex is trading lower by 187 points (0.7%) and NSE-Nifty trading lower by 52 points (0.6%). BSE Mid Cap is trading up by 0.4% while the BSE Small Cap is trading up by 0.3%. In commodity markets, Gold and Silver are trading at 27,488 and 39,525 price levels respectively. At the time of writing, the rupee was trading at Rs 63.97 to the US$.

Pharma stocks are trading mixed today with Ranbaxy Lab and Wockhardt Ltd being the leading gainers. Indian pharmaceutical company Lupin Ltd has reported a 1% YoY (year-on-year) decline in net profit at Rs 5.47 bn for the quarter ended March 2015. The decline was due to fall in revenue from its US business which accounts for 45% of total sales. The revenues of the company remained flat at Rs 30.5 bn YoY. Demand for its products declined in three key markets- the US, Japan and the rest of the world by 6%, 9% and 3% respectively. Currently the stock of Lupin Ltd. is trading down by 3.8% at Rs 1,627.

Automobile stocks are also trading mixed with Bajaj Auto and Hero Motocorp being the top gainers. As per a leading financial daily, commercial vehicles and components manufacturer Ashok Leyland has reported a 46% growth in revenue at Rs 45 bn in the March 2015 quarter. The growth was driven by a strong 33% YoY growth in volume and 10% improvement in realizations. For the year FY15, company's M&HCV (medium and heavy commercial vehicles) volumes grew 28% as compared to industry growth of 16%, helping Leyland gain market share. The stock of Ashok Leyland is trading up by 0.9%.

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

Equitymaster requests your view! Post a comment on "Indian stock markets remain flat". Click here!

1 Responses to "Indian stock markets remain flat"

Vijay Kumar Agrawal

May 14, 2015

Valuable information

Equitymaster requests your view! Post a comment on "Indian stock markets remain flat". Click here!

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Jan 17, 2018 (Close)