Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

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

  • MyStocks

MEMBER'S LOGINX

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

Markets trade near the dotted line
Thu, 20 Aug 11:30 am

After opening the day on a flat note, the Indian Indices have continued to trade near the dotted line. Sectoral indices are trading on a mixed note with mining and software stocks leading the losers. However, pharma and FMCG stocks are trading in the green.

The BSE-Sensex is trading lower 16 points (down 0.06%) and the NSE-Nifty is trading down 18 points (down 0.2%). The S&P BSE Midcap index is trading marginally higher and the S&P BSE Smallcap index is trading down by 0.4%. The rupee is trading at 65.20 to the US dollar.

Stocks in the software sector are trading mixed with HCL Infosys and HCL Tech. leading the losers. As per a leading financial daily, leading India based provider of IT services Wipro is planning to recruit 1,000 employees at its development centre in Bhubaneswar within a span of three months. This is over and above the company's current headcount of around 200. The same is planned for housing the new G+5 tower which the company is setting up in the first phase. Also, the company has recently committed a massive expansion plan for its Bhubaneswar centre by announcing an overall headcount 28,000. Stock of Wipro is presently trading down 0.5%.

As per the financial times, leading pharma company Sun Pharmaceuticals has received US Food and Drug Administration (USFDA) approval for its supplementary New Drug Application (sNDA) for XiminoTM (Minocycline HCl) extended-release capsules 45 mg, 90 mg and 135 mg. These extended capsules are indicated for inflammatory lesions of non-nodular moderate to severe acne vulgaris in patients 12 years of age and older. The approval is said to further strengthen the company's branded dermatology portfolio in the US. The company expects the product to be available for patients during the fourth quarter of 2015. Stock of Sun Pharma is trading up by 3.4%.

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


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Markets trade near the dotted line". Click here!

  

Views on News

L&T TECHONOLOGY at All Time High; BSE IT Index Up 0.4% (Market Updates)

Mar 3, 2021 | Updated on Mar 3, 2021

L&T TECHONOLOGY share price has hit an all time high at Rs 2,805 (up 2.1%). The BSE IT Index is up by 0.4%. Among the top gainers in the BSE IT Index today are L&T TECHONOLOGY (up 2.1%) and L&T INFOTECH (up 2.3%). The top losers include HEXAWARE TECHNOLOGIES and TCS .

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market (Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

I Believe the Investment of the Year Will Be...

Feb 19, 2021

In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE IT


Mar 3, 2021 (Close)

MARKET STATS