Markets

News Details

( 13 Mar 2018)
Mid-Session: Sensex trades near 34K, Nifty holds 10,450 levels; TCS down 5%

The Indian equities continued to trade higher in afternoon session of day’s trade on Monday, tracking firm cues from Asian peers, led by buying in index heavyweights such as ITC, Bharti Airtel, Infosys, Wipro and Tata Steel. Among the thirteen sectoral indices, realty and PSU stocks emerged as top gainers on BSE, rising as much as 2.25 per cent and 1.79 per cent, respectively. The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2632, shares advanced were 1730, while 780 shares declined, and 122 were unchanged. Shares of of Tata Consultancy Services plunged 5 per cent on the BSE after the promoter Tata Sons sold nearly 1.5 per cent stake in the IT bellwether through block deals.

At 12:12 hours, the 30-share benchmark index was trading at 33999.24, up by 81.3 points or by 0.24 per cent, and the NSE Nifty was at 10454.9, up by 33.5 points or by 0.32 per cent.

During the day’s trade so far, the BSE Sensex touched intraday high of 34077.32 and intraday low of 33790.09, while the NSE Nifty touched intraday high of 10478.6 and intraday low of 10381.95.

The top gainers of the BSE Sensex pack were State Bank of India (Rs. 259.60,+2.67%), Axis Bank Ltd. (Rs. 529.85,+2.05%), Sun Pharmaceutical Industries Ltd. (Rs. 522.50,+1.96%), Wipro Ltd. (Rs. 296.00,+1.81%), Dr. Reddy's Laboratories Ltd. (Rs. 2178.55,+1.46%), among others.

On the flip side, Tata Consultancy Services Ltd. (Rs. 2906.15,-4.77%), Coal India Ltd. (Rs. 294.50,-1.11%), NTPC Ltd. (Rs. 169.15,-1.08%), Maruti Suzuki India Ltd. (Rs. 8740.00,-0.81%), Mahindra & Mahindra Ltd. (Rs. 732.25,-0.67%), were among top losers on the Bombay Stock Exchange.