Wednesday 1 June 2016

Stock Today ; Nifty struggles to hold ITC, HUL, Asian Paints laggards

A total of 46 stocks registered a fresh 52-week high in trades today, while 34 stocks touched a new 52-week low on the NSE. The Indian rupee opened higher by 4 paise at 67.41/$ against US Dollar on Thursday as against the previous close of 67.45/$. Dear Stock Market Traders:
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The Indian stock market is still slipping away as the Nifty is struggling to hold 8150. The 50-share index is down 17.70 points or 0.2 percent while the Sensex is down 49.18 points or 0.2 percent at 26664.75. About 935 shares have advanced, 1075 shares declined, and 113 shares are unchanged.
Coal India, Hero MotoCorp, Tata Motors, Bharti Airtel and Infosys are gainers while HUL, ITC, Asian Paints, Wipro and Lupin are losers in the Sensex. Oil prices were flat as investors awaited the outcome of an OPEC meeting later in the day in Vienna.
The BSE Mid-cap Index is trading up 0.27% at 11,362, whereas BSE Small-cap Index is trading down 0.06% at 11,157. Tata Motors, Coal India, Infosys, Wipro, M&M, HUL, HDFC Bank, Tata Steel and NTPC are among the gainers, whereas ITC, Bajaj – Auto, L&T, Axis Bank, Cipla, Asian Paints and Sun Pharma are losing sheen on BSE.

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