The indices are trading positive on market opening amid mixed global cues as US markets ended with mixed figures and trends on SGX Nifty indicated a flat to negative opening. The markets in the previous session ended flat after gaining in the early session with Nifty 50 index holding at 11,300 at close. The support level for Nifty is placed at 11,260 and 11,349 is the level if the index moves up.
At 9:16 IST, Sensex was trading at 38445, higher by 134 points, or 0.35%. Nifty 50 up 40 points, or 0.36%, at 11341.
Yesterday, Sensex closed 59 points, or 0.15 percent, lower at 38,310.49 on August 13 and the Nifty ended at 11,300.45, with a loss of 8 points, or 0.07 percent.
Stocks of Tata Steel and BPCL will be in major focus after the companies posted their Q1 results yesterday.
Highlights as of Market Opening:
- Higher start amid mixed global cues and trends on the Singaporean exchange.
- Top gainers of Nifty at opening- Larsen, Tata Steel, UPL , Adani Ports.
- Top losers of Nifty at opening- Eicher Motors, HDFC Life, PowerGrid Corp, HCL Tech.
- Nifty Bank at opening- higher by 92 points, or 0.41%, to 22,288.
- 1007 shares have advanced and 268 declined as on market opening.
- Tata steel shares added 1.5%, BPCL shares flat.
Results Today:
Hindalco Industries, NTPC, Glenmark Pharmaceuticals, Berger Paints, Bodal Chemicals, Borosil, Clariant Chemicals, Dilip Buildcon, Dollar Industries, Emkay Global, Finolex Cables, Fortis Healthcare, Greenply Industries, HG Infra Engineering, IIFL Wealth Management, Indian Bank, MRF, Nagarjuna Fertilizers, New India Assurance Company, Ramco Cements, Sun TV Network, United Breweries, Varroc Engineering, Voltas, VRL Logistics, Zuari Global, etc.
Stocks under F&O ban for today:
Ashok Leyland, Aurobindo Pharma, Bata India, Bharat Heavy Electricals (BHEL), Canara Bank, Century Textiles, Glenmark Pharmaceuticals, Indiabulls Housing Finance, Vodafone Idea, Muthoot Finance, Steel Authority of India and Vedanta – are under the F&O ban for August 14.
