Live Stock Market Updates –Nifty above 9600, Sensex close to 31200, India Cements rise over 9%

The BSE Fast Moving Consumer Goods is the top losing index post lunch hours on Tuesday, with ITC majorly contributing to the index losses and dragging it to lower levels. ITC is down 1.4% at Rs 311.45 per share.

Other stocks in the index such as KCP Sugar & Industries is down 7.8% at Rs 30 per share, Tilaknagar Industries is down 7.2% at Rs 11 per share, DFM Foods is down 6.9% at Rs 1235 per share, Advanced Enzyme Technologies is down 5.3% at Rs 360 per share and Parag Milk Foods is also down by 3.6% at Rs 239.70 per share.

Pioneer Distilleries, Globus Spirits and E.I.D. Parry are trading in the green territory.

Meanwhile, India Cements witnessed a sharp surge on Tuesday’s trading session. It is up by 9.3% at Rs 206 per share.

At 2 PM, the S&P BSE Sensex is trading at 31190 up 81 points, while NSE Nifty is trading at 9625 up 20 points. A total of 24 stocks registered a fresh 52-week high in trade today, while 62 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.81% at 14485, while BSE Small-cap Index is trading up 0.18% at 14881.

Some buying activity is seen in Healthcare, Metal and Bankex indices, while Capital Goods, Telecom and FMCG indices are showing weakness on BSE.

Aurobindo Pharma, Adani Ports, NTPC and Lupin are among the gainers, whereas BPCL, Power Grid, ITC and HDFC are losing on the NSE.

The INDIA VIX is up 1.8% at 12.

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