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

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

  • MyStocks


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

Markets will remain closed on May 13, 2021 on account of Id-Ul-Fitr (Ramzan Id).

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

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

Equitymaster requests your view! Post a comment on "Indian share markets open flat". Click here!


Related Views on News

Hero MotoCorp Q4 Net Profit Jumps Over 40% On Strong Operating Performance (Views On News)

May 7, 2021

The company's EBITDA jumped 78.8% YoY on account of cost saving initiatives to offset higher commodity prices and input costs.

Hero MotoCorp's Manufacturing Halt and Electric Vehicle Shift (Company Info)

Apr 22, 2021

Key reasons why the stock of Hero MotoCorp is in focus today.

HERO MOTOCORP Announces Quarterly Results (3QFY21); Net Profit Up 23.2% (Quarterly Result Update)

Feb 10, 2021 | Updated on Feb 10, 2021

For the quarter ended December 2020, HERO MOTOCORP has posted a net profit of Rs 11 bn (up 23.2% YoY). Sales on the other hand came in at Rs 98 bn (up 39.7% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.

What's Behind Tata Motors' Hike in Car and UV Prices? (Views On News)

May 10, 2021

Tata Motors' plan to tackle rise in its raw material prices.

Tata Motors Faces Antitrust Probe: What Should Investors Do? (Views On News)

May 6, 2021

The Competition Commission of India has ordered a probe into allegations of anti-competitive practices against Tata Motors on behalf of two auto dealers.

More Views on News

Most Popular

The Next Smallcap Winners (Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Time to Buy Smallcaps? (Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

Are the Stock Markets Deaf to Covid Agony? (Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

My Secret to Find Breakthrough Stocks (Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.


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


May 12, 2021 (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