Markets

News Details

( 15 May 2019)
Sensex trades low; Suzlon Energy drops over 6%

Benchmark indices have lost their winning streak and are trading negative dragged by power and metal stocks on Wednesday afternoon. The shares of Suzlon Energy were trading low at 6.83 per cent and Adani Power low at 5.39 per cent.

At 13:21 hours, the SENSEX was trading at 37268.53 down by -50 points or by -0.13 per cent and then NSE Nifty was at 11214.05 down by -8 points or by -0.07 per cent. The BSE Sensex touched intraday high of 37559.67 and intraday low of 37268.53 The NSE Nifty touched intraday high of 11286.8 and intraday low of 11212.35.

The top gainers of the BSE Sensex were Bajaj Finance Ltd. (Rs. 2939.35,+1.92%), Mahindra & Mahindra Ltd. (Rs. 623.00,+1.13%), ITC Ltd. (Rs. 297.00,+1.02%), Infosys Ltd. (Rs. 720.30,+0.90%), Hero MotoCorp Ltd. (Rs. 2524.00,+0.60%), among others. On the other hand, the top losers of the BSE Sensex were YES Bank Ltd. (Rs. 145.60,-6.76%), Tata Motors Ltd. (Rs. 176.75,-4.12%), Tata Motors Ltd. (Rs. 82.80,-4.11%), Sun Pharmaceutical Industries Ltd. (Rs. 411.50,-2.06%), Coal India Ltd. (Rs. 237.60,-1.92%), among others.

Among sectors, IT index was at 15385.4 up by 56.95 points or by 0.37%. Rolta India Ltd. (Rs. 6.78,+4.95%), Brightcom Group Ltd. (Rs. 5.22,+4.82%), Tanla Solutions Ltd. (Rs. 47.55,+4.74%), Kellton Tech Solutions Ltd. (Rs. 34.95,+3.71%), Subex Ltd. (Rs. 7.21,+3.15%),. On the flip side, Power index was at 1849.66 down by -17.45 points or by -0.93%. Suzlon Energy Ltd. (Rs. 5.32,-6.83%), Adani Power Ltd. (Rs. 38.60,-5.39%), Reliance Infrastructure Ltd. (Rs. 104.25,-3.20%), CG Power and Industrial Solutions Ltd. (Rs. 35.95,-2.97%), GMR Infrastructure Ltd. (Rs. 15.45,-2.22%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2657 , shares advanced were 1176 while 1275 shares declined and 206 were unchanged.