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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 May 22, 2018 >>      ABB India 1208.65 [ 0.70% ]    ACC 1325.3 [ -1.40% ]    Ambuja Cements Ltd. 208 [ -0.02% ]    Asian Paints Ltd. 1286.85 [ -1.14% ]    Axis Bank Ltd. 523.3 [ -0.67% ]    Bajaj Auto Ltd. 2808.5 [ 3.23% ]    Bank of Baroda 132.9 [ 2.31% ]    Bharti Airtel 361.85 [ 0.51% ]    Bharat Heavy Ele 76.05 [ 1.33% ]    Bharat Petroleum 397.6 [ 0.95% ]    Britannia Ind. 5604.4 [ 1.50% ]    Cairn India Ltd. 285.35 [ 0.81% ]    Cipla 524 [ 0.68% ]    Coal India Ltd. 279.05 [ 3.26% ]    Colgate Palm. 1230.6 [ 1.83% ]    Dabur India 374.7 [ 0.42% ]    DLF Ltd. 198.45 [ 2.53% ]    Dr. Reddy's Labs 2009.6 [ 6.16% ]    GAIL (India) Ltd. 328 [ 0.72% ]    Grasim Inds. 1039.5 [ 0.35% ]    HCL Technologies 904.9 [ 1.00% ]    HDFC 1810 [ -0.51% ]    HDFC Bank 1989.9 [ -0.16% ]    Hero MotoCorp 3499.9 [ 0.20% ]    Hindustan Unilever L 1574.3 [ -0.28% ]    Hindalco Indus. 234.95 [ 2.94% ]    ICICI Bank 290.3 [ 0.35% ]    IDFC L 51 [ 2.41% ]    Indian Hotels Co 139.8 [ 0.04% ]    IndusInd Bank 1903.95 [ -1.09% ]    Infosys 1193.85 [ 1.22% ]    ITC Ltd. 278.75 [ -1.28% ]    Jindal St & Pwr 240.35 [ 0.21% ]    Kotak Mahindra Bank 1262.7 [ -1.09% ]    L&T 1320.15 [ 0.53% ]    Lupin Ltd. 740.1 [ 0.52% ]    Mahi. & Mahi 830.2 [ 0.51% ]    Maruti Suzuki India 8560.65 [ 1.57% ]    MTNL 16.25 [ 1.25% ]    Nestle India 9634.25 [ 1.56% ]    NIIT Ltd. 94.55 [ -0.42% ]    NMDC Ltd. 113.55 [ 0.13% ]    NTPC 165.15 [ 0.46% ]    ONGC 185.2 [ -0.30% ]    Punj. NationlBak 81.55 [ 4.35% ]    Power Grid Corpo 210.75 [ -0.89% ]    Reliance Inds. 926.75 [ -0.49% ]    SBI 253.9 [ 3.87% ]    Vedanta 269.95 [ 2.31% ]    Shipping Corpn. 63.4 [ 2.67% ]    Sun Pharma. 453 [ 2.08% ]    Tata Chemicals 727.75 [ -0.98% ]    Tata Global Beverage 247.15 [ 1.48% ]    Tata Motors Ltd. 307.7 [ 3.99% ]    Tata Steel 576.8 [ -0.03% ]    Tata Power Co. 77.85 [ -1.21% ]    Tata Consultancy 3508.9 [ -1.35% ]    Tech Mahindra Ltd. 686.4 [ 0.15% ]    UltraTech Cement 3755.55 [ -2.51% ]    United Spirits 3226.5 [ 3.41% ]    Wipro Ltd 264.95 [ 0.04% ]    Zee Entertainment En 565.6 [ 2.08% ]