The market, which showed some signs of a recovery, has drifted down a bit again this afternoon following a fresh round of selling in some blue chip stocks. The Sensex is down 21 points or 0.1% at 20,911.48, while the Nifty is down with a loss of 14.70 points or 0.23% at 6286.85.
Among Sensex stocks, Tata Motors rules firm with a sharp gain of 3.2% with impressive quarterly numbers keeping investor sentiment upbeat. Mahindra & Mahindra has also gained over 3% on sustained buying at the counter.
Wipro has notched up a gain of 1.3%. Infosys Technologies ,ONGC, Reliance Infrastructure, NTPC and HDFC Bank are up with modest gains. Hero Honda, Reliance Industries and Tata Consultancy Services are up marginally.
Nifty stocks BPCL, Reliance Capital, Reliance Power, GAIL India, Sun Pharmaceuticals and Cairn India are up in positive territory. Suzlon Energy and SAIL are trading flat.
Hindalco remains deep down in negative territory with a sharp loss of 3.3%. IDFC, Ambuja Cements, Punjab National Bank, Cipla, Bharti Airtel, Kotak Bank, BHEL, State Bank of India, ACC, Hindustan Unilever, ICICI Bank and Axis Bank are trading lower by 1% - 2%.
Jindal SAW Ltd has received Letter of Awards aggregating to more than Rs 600 crores (around $35 million) for supply of Large Diameter Pipes for domestic and export markets. The major order is from South East Asia market. With these orders, the total order book of the company stands at Rs 4,000 crores ($ 900 million). The metal stock is currently trading 1.8% down at Rs 219.
Va Tech Wabag Ltd has received an Letter of Intent worth Rs 290 crores to provide complete water systems for Kakatiya and Rayalaseema Thermal Power Project under Balance of Plants package as a part of consortium. The total cost of the project is Rs 290 crores. The scope of the work includes complete water system for Kakatiya Thermal power project and complete water system for Rayalaseema Thermal Power Projects, which includes recycling system. The tenure for implementation of the project is 30 months. Despite the order win, the Va Tech Wabag stock is down 1.35% at Rs 1685
Shares of Astra Microwave Products Ltd are up nearly 5% at Rs 74 following the company's board approving the Issue of Bonus shares in the ratio of 1:2.
Coal India continues to trade weak. The stock, which made a strong debut last Thursday and extended its gains the next session, has been struggling since Monday with investors going in for some profit taking. At Rs 323.60, the stock is now down by about 0.75% Over 15.5 million shares have been traded so far at the Coal India counter on the National Stock Exchange today.
Jet Airways has moved up by 2.6% on strong volumes. On NSE, the Jet Airways counter has recorded a turnover of nearly Rs 220 crore on a volume of 2.4 million shares.
Among Sensex stocks, Tata Motors rules firm with a sharp gain of 3.2% with impressive quarterly numbers keeping investor sentiment upbeat. Mahindra & Mahindra has also gained over 3% on sustained buying at the counter.
Wipro has notched up a gain of 1.3%. Infosys Technologies ,ONGC, Reliance Infrastructure, NTPC and HDFC Bank are up with modest gains. Hero Honda, Reliance Industries and Tata Consultancy Services are up marginally.
Nifty stocks BPCL, Reliance Capital, Reliance Power, GAIL India, Sun Pharmaceuticals and Cairn India are up in positive territory. Suzlon Energy and SAIL are trading flat.
Hindalco remains deep down in negative territory with a sharp loss of 3.3%. IDFC, Ambuja Cements, Punjab National Bank, Cipla, Bharti Airtel, Kotak Bank, BHEL, State Bank of India, ACC, Hindustan Unilever, ICICI Bank and Axis Bank are trading lower by 1% - 2%.
Jindal SAW Ltd has received Letter of Awards aggregating to more than Rs 600 crores (around $35 million) for supply of Large Diameter Pipes for domestic and export markets. The major order is from South East Asia market. With these orders, the total order book of the company stands at Rs 4,000 crores ($ 900 million). The metal stock is currently trading 1.8% down at Rs 219.
Va Tech Wabag Ltd has received an Letter of Intent worth Rs 290 crores to provide complete water systems for Kakatiya and Rayalaseema Thermal Power Project under Balance of Plants package as a part of consortium. The total cost of the project is Rs 290 crores. The scope of the work includes complete water system for Kakatiya Thermal power project and complete water system for Rayalaseema Thermal Power Projects, which includes recycling system. The tenure for implementation of the project is 30 months. Despite the order win, the Va Tech Wabag stock is down 1.35% at Rs 1685
Shares of Astra Microwave Products Ltd are up nearly 5% at Rs 74 following the company's board approving the Issue of Bonus shares in the ratio of 1:2.
Coal India continues to trade weak. The stock, which made a strong debut last Thursday and extended its gains the next session, has been struggling since Monday with investors going in for some profit taking. At Rs 323.60, the stock is now down by about 0.75% Over 15.5 million shares have been traded so far at the Coal India counter on the National Stock Exchange today.
Jet Airways has moved up by 2.6% on strong volumes. On NSE, the Jet Airways counter has recorded a turnover of nearly Rs 220 crore on a volume of 2.4 million shares.
0 comments:
Post a Comment