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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 Oct 19, 2017 >>      ABB India 1340.35 [ 0.33% ]    ACC 1765.15 [ -1.04% ]    Ambuja Cements Ltd. 274.05 [ -1.39% ]    Asian Paints Ltd. 1178.5 [ -0.10% ]    Axis Bank Ltd. 460.3 [ -0.90% ]    Bajaj Auto Ltd. 3217.95 [ -0.27% ]    Bank of Baroda 134.9 [ -1.32% ]    Bharti Airtel 473.75 [ 2.55% ]    Bharat Heavy Ele 84.6 [ -0.18% ]    Bharat Petroleum 508.15 [ -1.06% ]    Britannia Ind. 4636.25 [ -1.06% ]    Cairn India Ltd. 285.35 [ 0.81% ]    Cipla 607.8 [ -0.52% ]    Coal India Ltd. 285.8 [ -1.45% ]    Colgate Palm. 1046.9 [ -0.70% ]    Dabur India 318.55 [ -0.16% ]    DLF Ltd. 175.25 [ -1.74% ]    Dr. Reddy's Labs 2373.05 [ -0.52% ]    GAIL (India) Ltd. 433.25 [ -0.74% ]    Grasim Inds. 1138.65 [ -0.70% ]    HCL Technologies 922.3 [ -0.15% ]    HDFC 1745.75 [ -0.33% ]    HDFC Bank 1848.4 [ -1.08% ]    Hero MotoCorp 3735.6 [ -0.46% ]    Hindustan Unilever L 1257.7 [ -0.49% ]    Hindalco Indus. 273.9 [ -0.51% ]    ICICI Bank 257.85 [ -2.01% ]    IDFC L 63.6 [ 0.47% ]    Indian Hotels Co 114.1 [ 0.57% ]    IndusInd Bank 1690.85 [ -1.02% ]    Infosys 926.95 [ 0.28% ]    ITC Ltd. 269.65 [ -0.26% ]    Jindal St & Pwr 159.95 [ -0.78% ]    Kotak Mahindra Bank 1077.75 [ -1.66% ]    L&T 1139.75 [ -0.14% ]    Lupin Ltd. 1051.2 [ 0.19% ]    Mahi. & Mahi 1375.75 [ 0.38% ]    Maruti Suzuki India 7731.1 [ -0.68% ]    MTNL 19.9 [ -0.75% ]    Nestle India 7216.2 [ -0.41% ]    NIIT Ltd. 104.15 [ -1.84% ]    NMDC Ltd. 122.1 [ -0.25% ]    NTPC 175.05 [ -1.68% ]    ONGC 172.05 [ -1.38% ]    Punj. NationlBak 129.55 [ -1.03% ]    Power Grid Corpo 210.65 [ -1.36% ]    Reliance Inds. 909.9 [ -0.50% ]    SBI 242.75 [ -0.41% ]    Vedanta 327.95 [ -1.06% ]    Shipping Corpn. 90.25 [ -0.72% ]    Sun Pharma. 535.75 [ -0.82% ]    Tata Chemicals 719.6 [ -0.91% ]    Tata Global Beverage 204.6 [ -1.06% ]    Tata Motors Ltd. 426.95 [ -1.44% ]    Tata Steel 705.5 [ -0.58% ]    Tata Power Co. 81.5 [ -0.49% ]    Tata Consultancy 2583.9 [ -0.10% ]    Tech Mahindra Ltd. 458.35 [ -0.02% ]    UltraTech Cement 4034.35 [ -1.41% ]    United Spirits 2469.1 [ -1.36% ]    Wipro Ltd 292.05 [ -0.92% ]    Zee Entertainment En 489.35 [ -0.29% ]