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 markets trade flat
Wed, 26 Aug 11:30 am

After opening on a weak note, the Indian Indices have bounced back and are presently trading flat. Apart from banking, most sectoral indices are trading positively with stocks from the energy and IT sectors leading the gains.

The BSE-Sensex is trading up 12 points (up 0.05%) and the NSE-Nifty is trading up 5 points (up 0.05%). The S&P BSE Midcap index is trading up by 0.6% while the S&P BSE Smallcap index is trading up 1%. The rupee is trading at 66.16 to the US dollar.

Stocks in the pharma sector are trading mixed with Divis Laboratories and Torrent Pharma leading the gains. As per an article in Business Standard, Glenmark Pharmaceuticals is expecting approvals for four to six new products from the US Food and Drug Administration (USFDA) during the current fiscal. The company has already got approvals for eight products from the USFDA this year. Further, the company has also launched a new third generation oral anti-diabetic agent which is used for the management for Type 2 Diabetes. This is launched under two brands Ziten and Zita Plus at Rs 19.90 per tablet. The company's diabetes segment is valued at Rs 1 bn. The stock of Glenmark Pharmaceuticals is trading up by around 0.5%.

Telecom stocks are also trading mixed with AGC Networks and Reliance Communications witnessing maximum buying interest. As per a leading financial daily, leading telecommunications company Bharti Airtel has introduced its high speed 4G services in the border district of Tawang in Arunachal Pradesh. The service will be available to customers across a range of smart devices including mobile phones, dongles, 4G hotspots and Wi-Fi dongles. With this launch, customers can experience high speed wireless broadband on Airtel 4G. Scrip of company is trading down by 3%.

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 markets trade 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 19, 2018 (Close)