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?  

Midcap & smallcap buck trend
Tue, 14 Oct 01:30 pm

Indian share markets pared losses but continued to trade in the red in the post-noon trading session. Majority of the sectoral indices are trading in the red with realty and IT stocks being the biggest losers. Power and banking are among the few stocks trading in the green.

BSE-Sensex is down 13 points and NSE-Nifty is trading 15 points down. Both BSE Mid Cap and BSE Small Cap indices are trading up by 0.3%. The rupee is trading at 61.10 to the US dollar.

The Wholesale Price Index (WPI) inflation for the month of September has declined to a 5-year low of 2.38% as against 3.7% in August. The fall has come on account of the Food Price Index that fell steeply to 3.52% from 5.15% in August and the fuel and power inflation that came down to 1.33% as compared to 4.54% in August. Even retail inflation as measured by the consumer price index (CPI) dropped to its lowest level since the time it was launched in 2012. The consumer inflation decreased to 6.46% in September from 7.8% in August backed by sharp decline in vegetable inflation and high base effect of last year. Falling inflation levels have set the tone for the RBI to cut interest rates particularly after growth in industrial production remained low for the second month in a row in August.

Mining stocks are trading on a mixed note today. Gainers are being led by Gujarat NRE Coke, while Sesa Sterlite is trading on a weak note. As per a leading business daily, government has asked Coal India to cancel the auction of three coal blocks that were offered to final bidders. Under the previous government of UPA, the blocks were offered for captive use to steel, cement and sponge iron companies. While two blocks were in Jharkhand, the third one is in West Bengal. There were 44 parties that showed interest in these three blocks and two had finally bid for the same. This move comes after Supreme Court's direction for cancellation of number of blocks that had serious technical glitches. The stock of Coal India is trading higher by 0.7% at the time of writing.

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 "Midcap & smallcap buck trend". Click here!


Views on News

Inflation & Your Investments (Fast Profits Daily)

Mar 4, 2021

Inflation is the buzz word in the world of finance these days. It impacts all of us. Here's how it affects your investments.

What India's Positive GDP Reading Means for Your Equity Mutual Fund Investments (Outside View)

Mar 4, 2021

Given the risks involved, we may witness a sort of 'W-shaped' recovery wherein we would dip again before moving up, explains Rounaq Neroy in this edition of the Daily Wealth Letter.

I'm Back to Where It All Started (Profit Hunter)

Mar 4, 2021

Join us in welcoming research analyst, Aditya Vora, to Equitymaster.

Dollar at 80? (Fast Profits Daily)

Mar 3, 2021

Can the rupee depreciate to 80 against the US dollar? In this video, I'll show you what the charts say.

Motilal Oswal Asset Allocation Passive Fund of Fund: Aims to Benefit from Investing in Multi-Asset Passive Funds (Outside View)

Mar 3, 2021

PersonalFN analyses the features of Motilal Oswal Asset Allocation Passive Fund of Fund and explains the potential this fund has to offer to its investors.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market (Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

I Believe the Investment of the Year Will Be...

Feb 19, 2021

In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...


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


Mar 4, 2021 (Close)