Monday 28 March 2016

Sensex, Nifty open flat; ITC & Maruti Suzuki gain, HDFC declines --- 29 Mar 2016

The market has opened on a flat note again. The 30-share BSE Sensex rose 22.27 points to 24988.67 and the 50-share NSE Nifty climbed 11.50 points to 7626.60.

Hindalco, Maruti Suzuki, Tata Steel, ITC, Tata Motors, BPCL and Bank of Baroda were early gainers while HDFC, Sun Pharma, Bharti Airtel, ICICI Bank, HUL and Cairn India declined.

                                           
The Indian rupee gained further in early trade today. The currency has opened at 66.50 a dollar, up 8 paise compared to 66.58 a dollar in previous session.

The 30-share index was trading at 24,958, down 9 points or 0.03 per cent. It touched a high of 24,995.74 and a low of 24,936.95 in morning trade. 

The Nifty50 was trading at 7,616 up 1 point or 0.01 per cent. It touched a high of 7,627.85 and a low of 7,603.85 in the first 30 minutes of trade.

The S&P BSE Midcap Index was down 0.26 per cent and BSE S&P Smallcap Index was trading 0.03 per cent lower. 

ITC (up 1.1 per cent), Axis Bank (up 1 per cent), Maruti Suzuki (up 0.96 per cent), GAIL India (up 0.9 per cent), and Adani Ports (up 0.74 per cent), were the major Sensex gainers. 

Sun Pharma (down 1.3 per cent), HDFC (down 0.98 per cent), Bharti Airtel (down 0.8 per cent) and Cipla (down 0.76 per cent) were the major Sensex losers.
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