X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 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
Investing in India? Get Equitymaster Research  
Indian share markets open flat 
(Wed, 1 Oct 09:30 am) 
 
Asian stock markets have opened the day on a mixed note with the markets in South Korea (down 0.7%) and Singapore (down 0.3%) leading the losses. However, markets in Taiwan (up 0.1%) and Japan up (0.2%) are trading firm. The Indian share markets have opened the day on a flat note. The sectoral indices are trading mixed with consumer durables and IT indices leading the gains. However, the banking and oil and gas indices are trading weak.

The Sensex today is up marginally by around 7 points (0.02%), while the NSE-Nifty is up by about 2 points (0.02%). The mid and small cap stocks are trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.4% each. The rupee is currently trading at Rs 61.84 to the US dollar.

Auto sector stocks have opened the day mainly in the green with Hero MotoCorp and TVS Motor Company leading the gains. As per a press release issued by India's leading passenger vehicle maker Maruti Suzuki India Ltd, the company has announced that it will recall of 69,555 diesel vehicles. This will include 55,938 units of Old Dzire, 12,486 units of Old Swift and 1,131 units of Ritz that were manufactured between March 8, 2010 and August 11, 2013. The company will inspect and repair the wiring harness fitment of these vehicles. Maruti's dealers will contact owners of all the affected vehicles and provide the necessary inspection and repair free of cost.

Public sector bank stocks have opened the day on a mixed note with Punjab and Sind Bank and Syndicate Bank leading the gains. However, Bank of Baroda and Bank of India are trading in the red. In a filing with the BSE, leading public sector lender State Bank of India (SBI) has announced a revision in short term deposit rates. For deposit amount below Rs 1 crore the interest rate on short term deposits of duration 7 days to 45 days has been reduced by 100 basis points (1%) from 7% to 6%. This will be effective from 7th October 2014. The interest rates on deposits of all other maturities in the below Rs 1 crore bucket remain unchanged.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives  RSS
Read the latest Market Commentary
 
BSE-30
 

 
Go
 

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

  
 

SBI SHARE PRICE


Jun 28, 2017 (Close)

TRACK SBI

COMPARE SBI WITH

MARKET STATS