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Moneycontrol

Wednesday 28 June 2017

Live Stock Market Updates – Nifty tests 9500, Oil stocks rise

Live Stock Market Updates – Nifty tests 9500, Oil stocks rise

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The INDIA VIX is up 0.8% at 12.6. The S&P BSE Sensex is trading at 30,902 down 55 points, while NSE Nifty is trading at 9497 down 13 points.

The BSE Oil & Gas is the top gaining index in the morning session on Wednesday. It is up by 0.42% at 13,358. Indian Oil Corporation is contributing majorly to the index gains and pulling it to higher levels.

IOC is trading higher by 1.4% at Rs 395.60 per share.
  
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Other stocks in the index viz. Hindustan Petroleum Corporation is up by 1.57% at Rs 510.50 per share, BPCL is up by 1.46% at Rs 620.95 per share, GAIL is up by 1.08% at Rs 363.80, OIL is up by 0.95% at Rs 271.70 per share & ONGC is also trading higher by 0.25% at Rs 160.35 per share.

National Pharmaceutical Pricing Authority (NPPA) on Tuesday announced provisional ceiling prices of 761 medicines, including HIV, diabetes, anti-cancer and antibiotic. Majority of drug prices are being reduced as the GST regime is couple of days away.

At 10 AM, the S&P BSE Sensex is trading at 30,902 down 55 points, while NSE Nifty is trading at 9497 down 13 points. A total of 10 stocks registered a fresh 52-week high in trade today, while 46 stocks touched a new 52-week low on the NSE.

The BSE mid-cap Index is trading up 0.02% at 14,466, while BSE small-cap Index is trading down 0.06% at 15,132.

Some buying activity is seen in Auto, Utilities & Realty, while Consumer Durables and Capital Goods indices are showing weakness on BSE.

IOC, BPCL, GAIL are among the gainers, Asian Paints, ACC & Zee Entertainment Enterprise are losing on the NSE.


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