LIVE MARKET UPDATE

Friday 7 August 2015

Best Stock and Equity Market Trading Tips on Mobile

The S&P BSE Sensex started on a cautious note on Friday, weighed down by losses in ITC, Infosys, TCS, ICICI Bank and HDFC Bank. 


The 50-share Nifty index was trading with a negative bias, but above its crucial psychological level of 8550, supported by gains in pharma, metals, and oil & gas stocks.The market has opened flat. The Sensex is up 10.99 points at 28309.12 and the Nifty is down 13.30 points at 8575.35. About 486 shares have advanced, 258 shares declined, and 80 shares are unchanged. Vedanta, Sun Pharma, Tata Steel, ONGC and Tata Motors are top gaienrs in the Sensex while ITC, Dr Reddy's Labs, Infosys, SBI and ITC are among laggards.


Vedanta was the top Nifty gainer; the stock jumped 2.6 per cent to Rs 129.85. Tata Steel, Cairn India, Sun Pharma, Hindalco, Idea Cellular, Tech Mahindra and Reliance Industries were also among the gainers.
On the other hand, ITC was the top Nifty loser, down nearly 1 per cent at Rs 323. IndusInd Bank, SBI, Larsen & Toubro, HCL Tech, Lupin and Bank of Baroda were also among the losers.


India's cenbank says repo bids rise to 26.74 bln rupees.Indian banks' refinancing with RBI unchanged at 19.51 bln rupees.India cenbank says banks' cash balances rise to 3.70 trln rupees.


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