Tuesday, 23 February 2016

Nifty falls below 7200: Stock Market Opening Trend

S&P BSE Sensex is trading at 23,693 down 95 points, while NSE Nifty is trading at 7,221 down 22 points.

The BSE Mid-cap Index is trading down 0.21% at 9,856, whereas BSE Small-cap Index is trading down 0.05% at 9,917.

Some buying activity is seen in metal, telecom and pharma sectors, while banking, power, FMCG, utilities and consumer durables sectors are showing weakness on BSE.

Tata Steel, Sun Pharmaceuticals, ONGC, Adani Ports, Maruti Suzuki, Tata Motors, BHEL and Asian Paint are among the gainers, whereas NTPC, ITC, Bajaj-Auto, GAIL, Hero MotoCorp and HDFC Bank are losing sheen on BSE.

The INDIA VIX is up 5.83% at 22.2475. Out of 1,760 stocks traded on the NSE, 748 declined, 598 advanced and 414 remained unchanged today.

A total of four stocks registered a fresh 52-week high in trades today, while 13 stocks touched a new 52-week low on the NSE.

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