Monday, October 23, 2017

Stock Market Opening Bell & Market Update for 23-10-2017

Market Live: Nifty reclaims 10,200, Sensex gains 150 pts; RIL, ICICI Bank lead

Equity benchmarks started off the week on a positive note Monday, with the Nifty reclaiming 10,150 level on short covering after over a percent loss seen in previous week. The market opened after a long weekend.

The 30-share BSE Sensex was up 80.01 points at 32,469.97 and the 50-share NSE Nifty gained 30.30 points at 10,176.80.
Hero Motocorp, Bharti Airtel, Dr Reddy's Labs, Infosys, HUL, Cipla, TCS and Reliance Industries gained 1-2 percent.
Bajaj Auto, Axis Bank, HDFC, Indiabulls Real, UPL and HPCL were under pressure in early trade.

Nifty Midcap was up 0.2 percent on positive market breadth.
Bhushan Steel, Uttam Galva, Monnet Ispat, Visa Steel, 63 Moons, Dwarikesh Sugar, Puravankara Projects, Radico Khaitan and Gati rallied 2-10 percent.

Sintex Industries, Canara Bank, Andhra Bank and Titan Company were down 1 percent.

The Indian rupee has opened at 65.07 a dollar, falling 5 paise compared with previous close of 65.02 a dollar.


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