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

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


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

Dear Visitor: Equitymaster will be under maintenance from 10:00AM to 11.30AM on Sunday, 25 March 2018. During this period, our websites will be accessible though there is a possibility of some intermittent accessibility issues. Please bear with us. We are taking yet another step to make browsing Equitymaster a much faster experience! Thank you.

Indian stock markets volatile
Fri, 12 Jun 01:30 pm

Indian Indices are witnessing volatility in the post noon trading session. Most sectoral indices are trading mixed with stocks from the auto and power sectors leading the gains; while software and mining sectors are witnessing buying pressure.

The BSE-Sensex is trading marginally up by 8 points (up 0.02%) and the NSE-Nifty is trading marginally down 3 points (down 0.03%). The BSE Mid Cap index is trading marginally down and the BSE Small Cap index is trading down by 0.5%. Gold prices, per 10 grams, are trading at Rs 26,933 levels. Silver price, per kilogram is trading at Rs 36,730 levels. Crude oil is trading at Rs 3,860 per barrel. The rupee is trading at 64.06 to the US dollar.

As per a leading financial daily, Bajaj Electricals has bagged 3 new orders from Odisha Power Transmission Corporation worth Rs 845 m. The order for the Bolangir-Saintala line worth Rs 280 m, on turnkey basis, is for construction of 2x20 MVA substations in Bolangir district. And the order worth Rs 312 m is at Baraghar district. This is for the construction of 132KV transmission line on a turnkey basis. For the quarter ended March 2015, the company has reported a net profit of Rs 468 m while the revenues for the quarter were up by 3% at Rs 13 bn. At the time of writing, stock of Bajaj Electricals was trading up by 3%.

Stocks in the Pharma sector are trading on a negative note with Fulford India and Novartis leading the losses. Shares of Novartis plunged over 8% in the morning trade on reports suggesting that Novartis AG, parent company, is considering delisting of Indian unit, Novartis India from the BSE. As per the reports, Novartis AG is planning to purchase all the remaining shares of Novartis India that it does not own. These have a market value of about $419 m. However Novartis India in its clarification said that it has not received any notice of the same. Currently the stock of Novartis is trading down by 4%.

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 volatile". 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


Mar 23, 2018 (Close)