Nifty below 11330; BSE rise 4%
14/03/2019 13:47

The benchmark indices have continued to trade flat since early afternoon session. The shares of BSE rose 4 percent as company board to consider and approve audited financial results (Standalone and Consolidated) for the financial year ended March 31, 2019, as per company release on NSE on May 7. Also, board will consider recommendation of final dividend, if any, for the financial year ended March 31, 2019 and proposal for buyback of fully paid equity shares of the company.

At 13:35 hours, the SENSEX was trading at 37767.86 up by 15.69 points or by 0.04 per cent and then NSE Nifty was at 11323.8 down by -17.9 points or by -0.16 per cent. The BSE Sensex touched intraday high of 37907.78 and intraday low of 37693.69 The NSE Nifty touched intraday high of 11383.45 and intraday low of 11313.75.

The top gainers of the BSE Sensex were YES Bank Ltd. (Rs. 251.55,+2.95%), NTPC Ltd. (Rs. 152.75,+2.83%), IndusInd Bank Ltd. (Rs. 1682.05,+2.80%), Sun Pharmaceutical Industries Ltd. (Rs. 466.00,+2.17%), Coal India Ltd. (Rs. 241.75,+1.36%), among others. The top losers of the BSE Sensex were Power Grid Corporation of India Ltd. (Rs. 187.75,-3.50%), HCL Technologies Ltd. (Rs. 1009.30,-1.84%), Hero MotoCorp Ltd. (Rs. 2773.00,-1.18%), ICICI Bank Ltd. (Rs. 388.80,-0.78%), Tata Consultancy Services Ltd. (Rs. 1986.60,-0.73%), among others.

Among sectors, HCS index was at 14174.57 up by 75.43 points or by 0.53%. AstraZeneca Pharma India Ltd. (Rs. 2009.70,+3.88%), Narayana Hrudayalaya Ltd. (Rs. 227.00,+3.75%), Laurus Labs Ltd. (Rs. 373.40,+2.79%), Sun Pharma Advanced Research Company Ltd. (Rs. 198.20,+2.51%), Piramal Enterprises Ltd. (Rs. 2662.65,+2.49%),. On the flip side, IT index was at 14888.01 down by -72.62 points or by -0.49%. Take Solutions Ltd. (Rs. 125.40,-5.47%), Rolta India Ltd. (Rs. 8.94,-4.99%), Brightcom Group Ltd. (Rs. 3.11,-4.89%), MIC Electronics Ltd. (Rs. 1.32,-4.35%), Trigyn Technologies Ltd. (Rs. 76.30,-1.86%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2828, shares advanced were 1110 while 1535 shares declined and 183 were unchanged.