Stock Market Opening Bell

Sensex, Nifty open flat; HDFC, SBI, L&T gainers

The market opened higher on first day of truncated week but immediately gave up gains to trade flat. The Sensex rose 5.03 points to 28884.41 while the Nifty fell 6.95 points to 8773.40. The broader markets continued to outperform benchmarks with the BSE Midcap and Smallcap indices rising 0.3-0.6 percent. About 704 shares have advanced, 253 shares declined, and 88 shares are unchanged on the BSE.

L&T, BHEL, HDFC, SBI, Cipla, Tata Steel and NMDC gained 0.5-1 percent while GAIL dropped 2 percent. Dr Reddy's Labs, M&M, HDFC Bank, Sesa Sterlite and Coal India declined 0.5-1 percent. The Indian rupee opened flat at 62.33 per dollar today against Friday's closing value of 62.31 a dollar.

Intraday Stock Tips:
BUY ZYDUS (LCP-1040.3) ABOVE 1043 TG-1051-1060

BUY BEML (LCP 1158.45) ABOVE 1162 TG-1171-1183

BUY VGUARD (LCP-1021.4) ABOVE 1025 TG-1034-1045

BUY WHEELS (LCP-1334.85) ABOVE 1338 TG-1348-1359

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Stock Market Close Flat—Reliance Up

The market has seen consolidation on Friday after rising for last five consecutive sessions on short covering. The Sensex fell 5.83 points to 28879.38 and the Nifty gained 2.05 points at 8780.35.

However, the broader markets remained favourite for buyers as the

BSE Midcap gained 0.4 percent and Smallcap rallied 1.1 percent. About 1641 shares have advanced, 1181 shares declined, and 173 shares are unchanged.

Index heavyweight Reliance Industries gained 1 percent today, continuing upmove for the fourth consecutive session. The stock rallied 10 percent in four days.  

Shares of Idea Cellular, Sesa Sterlite, NMDC, IDFC, SBI and Dr Reddy's Labs supported the market, up 1-4.5 percent. However, Cipla, Hindalco, HDFC Bank, HDFC, ICICI Bank, Lupin and Tech Mahindra fell 1-3 percent.
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Stock Market Closing News Live — Sensex, Nifty close higher post RBI policy

The market recouped all its losses in late trade supported by metals, FMCG and select oil stocks. The Sensex rose 12.13 points to 28516.59 and the Nifty climbed 15.15 points to 8675.05.

 The broader markets continued its outperformance. The BSE Midcap Index gained 0.7 percent and Smallcap rallied 1.2 percent. About 1657 shares have advanced, 1096 shares declined, and 171 shares are unchanged on the BSE.
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