Live Stock Market Updates: Nifty trades below 9300; Reliance Industries Limited stock is down by 2%

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smartmoneyfsThe INDIA VIX is up 4.63% at 11.85. BSE Sensex is trading at 29886 down 239 points, while NSE Nifty is trading at 9295 down 64 points.It seems that the major indices in the market would end in negative territory on the last trading day of the week.The Tata Motors, Bank of Baroda and Hindalco have been the top losers in the Nifty. Tata Motors is trading lower by 3.75% at Rs 420.15 per share. Bank of Baroda is trading lower by 3.37% at Rs 189.15 per share.

Reliance Industries Limited stock is seen to be corrected form recent highs. The stock fell by 2% at Rs 1327 per share in the closing hours on Friday and have been dragging the Sensex down.At 3 PM, the S&P BSE Sensex is trading at 29886 down 239 points, while NSE Nifty is trading at 9295 down 64 points. A total of 96 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading down 0.94% at 14741, whereas BSE Small-cap Index is trading down 0.66% at 15383.Some buying activity is seen in Consumer Durables while FMCG, utilities, Healthcare and Telecom are showing weakness on BSE.

Asian Paints, Eicher Motors, IOC, Adani Ports and Coal India are among the gainers, whereas Hindalco, GAIL, ONGC, LT and Tata Motors are losing sheen on NSE.
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