X

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

MEMBER'S LOGINX

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

Indian markets trade positively
Wed, 9 Sep 11:30 am

After opening the day on a firm note, the Indian Markets are trading well above the dotted line. Sectoral indices are trading on an encouraging note with stocks from the IT and auto sectors leading the gainers.

The BSE-Sensex is trading up 356 points (up 1.4%) and the NSE-Nifty is trading up 113 points (up 1.5%). The BSE Mid Cap index and the BSE Small Cap index are also trading positively, both up by 1.8%. The rupee is trading at 66.32 to the US dollar.

Automobile stocks are trading on an encouraging note with Ashok Leyland and Tube Investments leading gainers. As per a leading financial daily, Maruti Suzuki has launched a fortnight-long campaign to promote its recently launched Celerio model in Gujarat. The campaign has been launched in four cities and is mainly aimed at increasing the sales of Celerio during the festive season. Further the company stated that the Celerio, which was launched in 2014, has already crossed the one lakh sales milestone. Scrip of Maruti Suzuki is trading up by 2.8% on the BSE.

Stocks in the power space are also trading firm with JSW Energy and Torrent Power Ltd witnessing maximum buying interest. As per an article in Economic Times, the Union Cabinet is going to take a call on increasing the fund allocation for the programme to promote grid connected rooftop and small solar projects. The proposal has sought to increase allocation for the scheme to Rs 50 bn from Rs 6 bn in 12th plan period (2012-2017). The Ministry of New & Renewable Energy has set this Rs 6 bn outlay in its 12th plan for grid interactive rooftop and small solar systems. On a separate note, the government has set a target of 40,000 MV of grid connected rooftop solar power generation capacity by 2022 under the National Solar Mission.

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 positively". 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 SENSEX


Oct 19, 2017 (Close)

MARKET STATS