X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 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
Investing in India? Get Equitymaster Research  
Indian markets open in the red 
(Mon, 20 Jul 09:30 am) 
 
The Asian stock markets have opened the day on a mixed note with markets in Hong Kong (down 0.2%) bearing the maximum brunt while Japan was leading the gains (up 0.3%). US stocks closed the session on a positive note while European stock markets closed their session on a mixed note. The rupee is trading at 63.55 per US dollar.

Indian markets have opened the trading session on a negative note today. BSE-Sensex is trading lower by 43 points (down 0.2%) and NSE-Nifty is trading lower by 24 points (down 0.3%). S&P BSE Midcap and S&P BSE Smallcap index indices are trading marginally higher. Among the sectoral indices, banking and software are the leading losers while telecom stocks are leading the gains.

As per a leading financial daily, the Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 850 bn this financial year. This amount will be raised by the company through issue of redeemable non-convertible debentures (NCDs) which will be either secured or unsecured. HDFC is also planning to raise US$500 m through External Commercial Borrowings (ECBs) and has received the approval for the same from the Reserve Bank of India (RBI). Stock of HDFC has opened the day on a negative note.

Cement stocks have opened the day on a negative note. As per a leading financial daily, cement major ACC has reported a 45% decline in its consolidated net profit for the second quarter ended June 30. As reported by the company, this fall was on account of challenging market conditions and subdued demand. The total consolidated income fell marginally 1.5% in the concerned period. Presently the stock of ACC is trading down by 2.7%.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives  RSS
Read the latest Market Commentary
 
BSE-30
 

 
Go
 

Equitymaster requests your view! Post a comment on "Indian markets open in the red". Click here!

  
 

Become A Smarter Investor In
Just 5 Minutes

Multibagger Stocks Guide 2017
Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE BANKEX


Jul 25, 2017 (Close)

MARKET STATS