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Subdued trade continues at D-Street; Consumer durables, IT stocks drag
19/05/2017 13:29
Indian equity benchmarks were trading in a narrow range with negative bias during the afternoon trade on Friday as selling pressure was witnessed mainly in the consumer durables and IT sector stocks.

At 1:11 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 30,383.57 down by 51.22 points or 0.17 per cent while the NSE Nifty was at 9,423.8 down by 5.65 points or 0.06 per cent.

However, market sentiment got a boost as the GST Council finalizes tax rates for bulk of the items except 6 categories.

Meanwhile, shares of state-owned State Bank of India (SBI) rose nearly 2.84 per cent after it has reported over two-fold jump in its net profit at Rs 2,814.82 crore for the March quarter. It had registered a standalone net profit of Rs 1,263.81 crore in the same period a year ago.

Major show spoilers were Asian Paints Ltd. (Rs. 1111.00,-3.40%), GAIL (India) Ltd. (Rs. 398.65,-1.60%), Tata Consultancy Services Ltd. (Rs. 2496.50,-1.48%), Housing Development Finance Corporation Ltd. (Rs. 1522.70,-1.07%), Infosys Ltd. (Rs. 951.50,-1.06%), among others.

The top gainers of the BSE Sensex pack were ITC Ltd. (Rs. 286.30,+2.97%), State Bank of India (Rs. 311.55,+2.84%), Hindustan Unilever Ltd. (Rs. 1007.70,+2.06%), Axis Bank Ltd. (Rs. 498.90,+1.43%), Bharti Airtel Ltd. (Rs. 373.80,+0.81%), among others.

The market breadth, indicating the overall strength of the market, was weak. On BSE, out of the total 2827 shares traded, 844 advanced while 1830 shares declined and 153 remained unchanged.
NSE Prices delayed by 15 minutes... << Prices as on Aug 17, 2017 - 4:14PM >>      ABB India 1365.6 [ 0.59% ]    ACC 1780.1 [ -1.72% ]    Ambuja Cements Ltd. 270.9 [ 0.31% ]    Asian Paints Ltd. 1134.95 [ -0.56% ]    Axis Bank Ltd. 497.15 [ -0.47% ]    Bajaj Auto Ltd. 2825.85 [ -0.82% ]    Bank of Baroda 148.25 [ 0.75% ]    Bharti Airtel 416.35 [ 2.11% ]    Bharat Heavy Ele 129.25 [ -0.54% ]    Bharat Petroleum 493.7 [ 2.01% ]    Britannia Ind. 4250.5 [ -1.15% ]    Cairn India Ltd. 285.35 [ 0.81% ]    Cipla 573.2 [ -2.92% ]    Coal India Ltd. 246.95 [ 3.78% ]    Colgate Palm. 1059.65 [ -0.67% ]    Dabur India 307.95 [ -0.36% ]    DLF Ltd. 185.2 [ 2.43% ]    Dr. Reddy's Labs 2011.25 [ 0.30% ]    GAIL (India) Ltd. 376.2 [ 1.35% ]    Grasim Inds. 1100.7 [ -0.52% ]    HCL Technologies 871.4 [ 0.80% ]    HDFC 1759.25 [ 1.00% ]    HDFC Bank 1765.4 [ -0.89% ]    Hero MotoCorp 3997.85 [ -0.60% ]    Hindustan Unilever L 1177.3 [ -0.76% ]    Hindalco Indus. 230.3 [ -1.41% ]    ICICI Bank 293.15 [ -0.61% ]    IDFC L 56.45 [ -0.53% ]    Indian Hotels Co 126.5 [ 0.44% ]    IndusInd Bank 1628.5 [ -1.14% ]    Infosys 1020.85 [ 4.68% ]    ITC Ltd. 280 [ 0.29% ]    Jindal St & Pwr 139.85 [ 1.05% ]    Kotak Mahindra Bank 989 [ -1.15% ]    L&T 1134 [ -0.72% ]    Lupin Ltd. 953.95 [ -0.73% ]    Mahi. & Mahi 1367 [ -0.31% ]    Maruti Suzuki India 7582.45 [ -1.54% ]    MTNL 18.4 [ -1.08% ]    Nestle India 6652.8 [ -0.41% ]    NIIT Ltd. 92.4 [ 1.15% ]    NMDC Ltd. 122.9 [ 1.44% ]    NTPC 176.8 [ 3.94% ]    ONGC 160.6 [ -0.22% ]    Punj. NationlBak 146.3 [ -0.85% ]    Power Grid Corpo 219.45 [ -0.57% ]    Reliance Inds. 1567.1 [ 0.06% ]    SBI 280.85 [ -0.79% ]    Vedanta 304.8 [ 2.56% ]    Shipping Corpn. 87.6 [ 3.79% ]    Sun Pharma. 488.25 [ 0.53% ]    Tata Chemicals 591.35 [ -1.62% ]    Tata Global Beverage 190.6 [ -1.68% ]    Tata Motors Ltd. 385.3 [ -1.01% ]    Tata Steel 625.4 [ -0.92% ]    Tata Power Co. 81.65 [ -0.49% ]    Tata Consultancy 2485.65 [ -0.27% ]    Tech Mahindra Ltd. 424.4 [ 1.06% ]    UltraTech Cement 3932.9 [ -0.21% ]    United Spirits 2601.4 [ 2.08% ]    Wipro Ltd 288.35 [ -0.55% ]    Zee Entertainment En 526.75 [ 1.55% ]