Tuesday 4 July 2017

Live Stock Market Updates – Lacklustre trade on Dalal Street, Nifty holds 9600

Tata Motors stock advanced 1% after 10 lakh shares traded in a deal on NSE at Rs 429.45/sh.

Tyre stocks in focus after TOCOM tumbles nearly 4% on Shanghai plunge. Apollo Tyres is up by 2%, MRF is up by 1%, JK Tyre is up by 2.4%, Balkrishna Industries is up by 1% and Ceat is up by 1%.

Venky's continues to extend the rally. The stock soared 8% as GST will be a huge benefit to the company.

At 12 PM, the S&P BSE Sensex is trading at 31247 up 37 points, while NSE Nifty is trading at 9630 up 17 points. A total of 37 stocks registered a fresh 52-week high in trade today, while 11 stocks touched a new 52-week low on the NSE.

There are 1086 advances, 481 declines and 383 unchanged stocks on NSE reflecting a positive tone in the market.

The BSE Mid Cap Index is trading up 0.62% at 14850, while BSE Small Cap Index is trading up 0.86% at 15700.

Some buying activity is seen in Power, IT, while, Realty, Bankex, Auto and Energy showing weakness on BSE.

M&M, Sun Pharma, Reliance, Tata Power, Ambuja Cement are among the gainers, whereas Bharti Airtel, Aurobindo Pharma, GAIL and Infosys are losing on the NSE.

The INDIA VIX is down 0.99% at 11.

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