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 share markets open flat
Tue, 16 Sep 09:30 am

Barring South Korea (up 0.4%), all major Asian stock markets have opened the day on a weak note with the markets in Singapore (down 0.6%) and Taiwan (down 0.5%) leading the losses. The Indian share markets have opened the day on a flat note. The sectoral indices are trading mixed with auto and metal indices trading in the red. However, realty and healthcare indices are leading the gains.

The Sensex today is marginally lower by around 8 points (0.03%), while the NSE-Nifty is down by about 3 points (0.03%). However, mid and small cap stocks are trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.7% and 0.9% respectively. The rupee is currently trading at Rs 60.99 to the US dollar.

Auto stocks have opened the day mainly on a weak note with Tube Investments and Tata Motors leading with losses. However, Hero MotoCorp and Ashok Leyland are trading in the green. As per a leading financial daily, India's leading two-wheeler maker Hero MotoCorp is set to be the title sponsor of the prestigious 2014 World Challenge Golf. The tournament will be hosted by the Tiger Woods Foundation from 3 to 7 December, 2014. The tournament will be rechristened the Hero World Challenge. This will not only be the company's biggest-ever association with a marquee international sports event, but also the biggest-ever worldwide sports sponsorship association for any Indian brand. It is worth noting that Hero MotoCorp is the world's largest two-wheeler company by volumes. The brand building initiative with this international event is aimed at boosting its presence and prospects in the international markets.

Aluminium stocks have opened the day in the green with Hindalco Industries and Nalco leading the gains. As per a leading financial daily, the state government of Jharkhand has shut down five bauxite mines of Hindalco Industries, the flagship company of the Aditya Birla Group. This move by the government follows allegations of illegal mining by the Shah Commission report. As per the report, the alleged illegal mining activity was causing widespread damage to the environment as well as losses to the exchequer. It is worth noting that the action against Hindalco follows similar moves by the Jharkhand government against Steel Authority of India Ltd (SAIL) and Tata Steel.

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 share markets open 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


Mar 21, 2018 (Close)


  • Track your investment in HERO MOTOCORP with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks