Live Market- Sensex, Nifty trade flat; Private banks index in the red

Live Market- Sensex, Nifty trade flat; Private banks index in the red : Live Market- Sensex, Nifty trade flat; Private banks index in the red. 

Private bank stocks mostly were trading in the negative note during the early trade, keeping the sectoral index in the red.  The Nifty Private Bank index was trading 0.34% with Axis Bank down 1.36% as the top drag.  Nifty Pharma Index rose 1 percent with Lupin up 3%, Piramal up 2%, Aurobindo and Cipla up 2%each and, Dr Reddy’s up 1%. 

Shares of HPCL and BPCL rose over 2% in the Nifty pack, while Bharti Airtel was trading as the top loser in the Nifty index.  Among the 50 stocks in the Nifty constituents, 23 stocks were trading in the green, and the rest 27 were in the red..... Read More   

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Sensex crosses 32,000 mark, A few top stocks that in focus today

Sensex crosses 32,000 mark, A few top stocks that in focus today: 

Domestic equity markets open on a positive note on Tuesday, against the previous session’s closing with firm global cues. Sensex crosses 32,000.

A few top stocks that in focus today:

Godrej Industries gained 3% after its arm Godrej Agrovet got Sebi's go-ahead to raise an estimated Rs 1,000-1,200 crore through an initial public offering.

Stocks of Tata Steel hit an over Six-year high of Rs 692, up 4.7 percent on BSE today morning after Tata Steel UK announced that the British Steel Pension Scheme has been separated from the company. Tata Steel stock was trading at its highest level since January 2011.

IndiGo's parent arm Inter-Globe Aviation has announced some of its promoter organizations will offload shares under an IPP (institutional placement) programme in which it is expected fresh issuance of shares.

Share holders of Religare Enterprises have approved a proposal to invest up to Rs 500.00 crore in its arm Religare Capital Markets for repaying debt for Mauritius business, and capital needs of India business. 

Tata Motors would invest Rs 1,500 crore across various segments of freight-haulers to secure its leadership credentials to help recover some of the lost market-share in the past couple of months.  Free Stock Tips