Monday Sensex Nifty down side, Top Stocks Trading News

Monday Sensex Nifty down side, Top Stocks Trading News:

The BSE Sensex fell 16.14 points to 33,326 levels while the NSE Nifty 50 edged down 11.20 points to 10,272.40 Shares of Maruti Suzuki, NTPC, L&T, ONGC, ITC, and Adani Ports gained up to 1.6% in the morning hours while ICICI Bank, Cipla, Infosys and Tata Steel lost up to 1.2% on BSE Sensex. Stocks of Cadila Healthcare Ltd rose 1.4% to Rs. 452.50 after the company announced that it got US Food & Drug Administration’s final nod for Ethacrynate sodium. 

Stocks Housing Development & Infrastructure Ltd rose 3% to Rs. 65.50 after Morgan Stanley bought 29.18 lakh shares or 0.7% equity stake at Rs. 64.26 each on Friday. Stocks of Wipro Ltd is on watch out as the company starts its buyback of shares from Nov 29, 2017 to Dec 13, 2017. Logistics stocks will be in limelight on the Exchanges after the finance ministry has decided to give infrastructure status to the logistic sector.

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Markets open flat, BSE shares listing at Rs 1089, Indore Stock Advisory Company

Stock markets in India, On Friday, opened on a flat note taking a gap from the two-day rally post Budget. Investors besides keep a look out for the first stock-exchange listing in the country as BSE will list on NSE.

At 10:15 am, the BSE Sensex was trading at 28,183, down 44 points, while the broader Nifty50 was ruling at 8,723, down 10 points. In the broader market, BSE Midcap and BSE Smallcap indices indicated 0. 96% and 0.15% respectively.

The rupee is trading at 67.45 to the US Dollar. Sectoral indices have opened the day on a mixed note. BSE, which newly concluded its Rs 1,243 crore IPO, will list on National Stock Exchange (NSE) today. The issue raised Rs 1243 cr, representing 28.26% of the pre-share sale capital, via OFS.

Sensex trades lower, Nifty below 8,400, Elite Investment Advisory Company

The benchmark indices opened on Monday trade lower ahead of GST meet coupled with concern over Wholesale Price index (WPI) based inflation due later in the day. 

At 10:20 am, the S&P BSE Sensex was trading at 27,255, up 40 points, while the broader Nifty 50 was ruling at 8,400, up 8 points.  In broader market, the BSE Midcap and BSE Smallcap indices noted an uptick of 0.33%, and 0.4%, respectively.

Tata Motors, HDFC Bank, Lupin and Hero MotoCorp are major contributors while Infosys. Cipla, ICICI Bank, NTPC and Asian Paints are losers in the Sensex. 

The GST Council, headed by Arun Jaitley, will meet for the ninth time today, since the last four meetings ended in a stalemate with states seeking single powers to control assessee with annual turnover of up to Rs 1.5 crore.