Nifty around 11,350; Suzlon Energy slips 5%
13/03/2019 14:37

Domestic benchmark indices are trading around half a per cent higher in the late afternoon session. Among the sectors, except bank and energy index all other indices are trading lower. Indian rupee is trading higher by 16 paise at 69.54 per dollar against Tuesday's close 69.70. Power index was down with most of its components trading on a mixed note in Wednesday's afternoon session. The shares of Suzlon Energy were trading 5.16 per cent low, JSW Energy was down 2.37 per cent and Bharat Heavy Electricals was down 2 per cent.

At 14:21 hours, the SENSEX was trading at 37741.68 up by 206.02 points or by 0.55 per cent and then NSE Nifty was at 11334.25 up by 33.05 points or by 0.29 per cent. The BSE Sensex touched intraday high of 37777.78 and intraday low of 37478.87 The NSE Nifty touched intraday high of 11349.1 and intraday low of 11276.6. The top gainers of the BSE Sensex were YES Bank Ltd. (Rs. 246.70,+4.67%), IndusInd Bank Ltd. (Rs. 1633.50,+3.98%), HDFC Bank Ltd. (Rs. 2226.35,+2.57%), HCL Technologies Ltd. (Rs. 1031.20,+1.85%), Bajaj Finance Ltd. (Rs. 2801.55,+1.74%), among others. The top losers of the BSE Sensex were Bharti Airtel Ltd. (Rs. 338.90,-3.39%), Vedanta Ltd. (Rs. 172.40,-3.28%), Oil and Natural Gas Corporation Ltd. (Rs. 149.05,-2.07%), Coal India Ltd. (Rs. 237.80,-2.02%), Tata Motors Ltd. (Rs. 91.25,-1.99%), among others.

Among sectors, Bankex index was at 32329.35 up by 426.36 points or by 1.34%. YES Bank Ltd. (Rs. 246.70,+4.67%), IndusInd Bank Ltd. (Rs. 1633.50,+3.98%), HDFC Bank Ltd. (Rs. 2226.35,+2.57%), Bank of Baroda (Rs. 116.40,+0.95%), State Bank of India (Rs. 289.20,+0.94%),. On the flip side, Power index was at 1947.16 down by -17.87 points or by -0.91%. Suzlon Energy Ltd. (Rs. 6.81,-5.02%), JSW Energy Ltd. (Rs. 68.00,-2.44%), Bharat Heavy Electricals Ltd. (Rs. 68.40,-2.08%), Adani Power Ltd. (Rs. 51.35,-1.82%), GMR Infrastructure Ltd. (Rs. 16.90,-1.74%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2880, shares advanced were 1130 while 1585 shares declined and 165 were unchanged.