Tuesday, August 13, 2019

ABR Venture –Indian Stock Market Update for Today

Sensex falls 100 pts, Nifty below 11,100; RIL gains 8% post AGM, Bank Nifty falls 1%

Market Opens: It is a flat start for the Indian indices in the truncated week as Nifty trading below 11,100.

At 09:19 hrs IST, the Sensex is down 117.43 points at 37464.48, while Nifty is down 32.90 points at 11076.80. About 438 shares have advanced, 522 shares declined, and 53 shares are unchanged. 

Reliance Industries, Gail India, BPCL, Yes Bank, Indiabulls Housing, Zee Entertainment, Tata Motors are some of the major gainers on the indices, while losers are NTPC, Bharti Airtel, Britannia Industries, Vedanta, M&M, Power Grid, HDFC, JSW Energy, HUL, Tech Mahindra, Inox, PVR and Dish TV.

Among sectors, except energy (up 2 percent), all other indices are trading in the red led by the infra, FMCG, metal, pharma, bank, auto and IT.

Rupee opens weak: The Indian rupee slipped in the early tarde on Tuesday. It opened lower by 36 paise at 71.14 per dollar versus Friday's close 70.78.

Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India


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