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Capitalstars Updates: Nifty hovers around 11,100 mark; Airtel, Idea stock slip: 24 Jan 2018




Benchmark indices opened on a flat note, touched a new hike of 11,110 and then declined to an under 11,000 mark.

Domestic Benchmark Indices Opened lower today, snapping a five-session long gaining streak, tracking subdued Asian markets. Losses were, however, capped by gains in shares of fast moving consumer goods companies.

At 11:16 AM, the BSE Sensex was trading at 36,1189, up 49 points, while the broader Nifty50 index was ruling at 11,094, up 11 points.

Shares of Indiabulls Housing Finance down 1% today as the company reported a 55.4% year-on-year rise in its consolidated net profit for the December quarter, after market hours on Tuesday.

RBL Bank Stock dropped 3% after its asset quality deteriorated in October-December quarter sequentially.

Shares of Shriram EPC rose 14% after the company received an order worth Rs84cr from the government of Jharkhand to set up drinking water and sanitation facilities. 

The broader markets were also trading on a muted note as the BSE MidCap Index and the BSE SmallCap Index fell 0.50% each. 

Volatility index India VIX gained 3.2% at 16.7450.

GAIL (+4.2%), HDFC (+1.6%), HCL Tech (+1.3%), TCS (+1.2%) and ITC (+1.1%) were the top gainers on Nifty50.

Airtel (-4.3%), Hindalco (-2%), Tata Motors (-1.8%), ICICI Bank (-1.7%) and Adani Ports (-1.7%) were the top losers in today’s trade.

Out of 2,008 stocks traded on the NSE, 455 advanced, 1,140 declined and 413 remained unchanged today.

A total of 41 stocks registered a fresh 52-week high in trade today, while eight stocks touched a new 52-week low on the NSE.


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This post first appeared on Capitalstars| Commodity Trading Tips Provider| Intraday Stock Tips, please read the originial post: here

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Capitalstars Updates: Nifty hovers around 11,100 mark; Airtel, Idea stock slip: 24 Jan 2018

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