Sensex, Nifty volatile; M&M, Maruti stock slip
Benchmark indices were trading marginally higher amid mixed cues from other Asian markets. The gains on indices were led by index heavyweights such as the L&T, HDFC, Infosys and Hero MotoCorp. The rise though was capped by selling in other index constituents such as M&M, Axis Bank and Maruti Suzuki.
At 1:17 PM, the BSE Sensex was trading at 33,775, down 3 points, while the Nifty50 was ruling at 10,449, up 5 points.
Among BSE sectoral indices, capital goods index gained the most by 1.69%, followed by infrastructure 1.2%, realty 0.99% and power 0.89%. On the other hand, auto index was down 0.49%, FMCG 0.28%, consumer durables 0.23% and IT 0.19%.
M&M stock slipped over 3.5% as the shares turn ex-bonus from today.
Unitech, RCom, DB Realty and Sun TV stock soared after a special CBI court acquitted all accused in the 2G Spectrum Scam.
Shares of Gayatri Projects extended gains and rose 1% as a joint venture of the company has secured an order worth Rs1,339cr from the National Highways Authority of India.
In broader markets, the BSE Midcap was up 0.58%, while BSE Smallcap gained 0.94%.
L&T (+2.5%), HCL Tech (+2%), Hero MotoCorp (+1.5%), Tata Steel (+1.4%) and Hindalco (+1.2%) were the top gainers on the Nifty50.
M&M (-3.7%), Axis Bank (-1.35%), Maruti (-0.94%), HUL (-0.91%) and Bajaj Finance (-0.81%) were the top losers in today’s trade.
India VIX dropped 0.47%.
Out of 1,989 stocks traded on the NSE, 1,086 advanced, 558 declined and 345 remained unchanged today.
A total of 113 stocks registered a fresh 52-week high in trade today, while five stocks touched a new 52-week low on the NSE.
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