Tuesday 30 May 2017

Nifty trades flat; Realty stocks outperform

Nifty Realty index is the top gainer among the sectoral indices on NSE. The index is tradin higher by around 1% at 250 level. HDIL is the top gainer in the index. The stock is trading at Rs 89.85 per share higher by close to 5%. The other realty stocks like Delta Corp, Prestige, Oberoi Realty and Sobha Limited are also trading in positive territory.

There were 986 advances, 599 declines and 365 unchanged stocks on NSE reflecting strong positive undertone in the market.

At 12 PM, the S&P BSE Sensex is trading at 31185 up 25 points, while NSE Nifty is trading flat at 9625. A total of 35 stocks registered a fresh 52-week high in trade today, while 44 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.7% at 14591, whereas BSE Small-cap Index is trading up 0.88% at 15054.

Some buying activity is seen in Capital Goods, Pharma, Auto, while Energy, Telecom, IT and Metal are showing weakness on BSE.

M&M, Lupin, Ultratech Cement, Dr Reddy’s, Power Grid are among the gainers, whereas ONGC, Vedanta Limited, ITC, Bharti Infratel, Aurobindo Pharma are losing sheen on NSE.

The INDIA VIX is up 2.03% at 12.

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