• Sensex   41170.12   -152.88  sensex_dwn_arr
  • Nifty   12080.85   -45.05   sensex_dwn_arr
  • Bank Nifty   30942.85   0.34   sensex_up_arr
  • BSE Midcap   15694.41   0.40  sensex_up_arr
  • USDINR   71.67   0.15   sensex_up_arr
Mid Session
Home >> Markets >> Equity >> News >> Mid Session Detailed News
Market trades with small losses
(11:34, 23 Aug 2019)

Trading turned volatile as key benchmarks reversed gains after hitting fresh intraday high in the mid-morning trade. At 11:22 IST, the barometer index, the S&P BSE Sensex, was down 35.23 points or 0.1% at 36,437.25. The Nifty 50 index was up 3.5 points or 0.03% at 10,744.50. Strength in metals and PSU banks supported the indices.

The S&P BSE Mid-Cap index was up 0.41%. The S&P BSE Small-Cap index was down 0.04%.

The market breadth, indicating the overall health of the market, was negative. On the BSE, 886 shares rose and 1137 shares fell. A total of 117 shares were unchanged.

Metal stocks advanced. Vedanta (up 3.56%), Jindal Steel & Power (up 2.48%), Tata Steel (up 2.29%), Steel Authority of India (up 2.16%), NMDC (up 1.53%), National Aluminium Company (up 0.92%) and Hindustan Zinc (up 0.6%) edged higher.

PSU banks witnessed buying support. Bank of Baroda (up 2.87%), Punjab National Bank (up 2.52%), Allahabad Bank (up 2.27%), Bank of India (up 1.68%), Oriental Bank of Commerce (up 1.24%), Syndicate Bank (up 1.18%), Union Bank of India (up 0.94%) and State Bank of India (up 0.84%) surged.

Private sector banks, however, declined. AU Small Finance Bank (down 2.82%), ICICI Bank (down 1.28%), IndusInd Bank (down 1.16%), Kotak Mahindra Bank (down 1.11%) and HDFC Bank (down 1.09%) declined. Yes Bank (up 5.51%), RBL Bank (up 2.11%) and Axis Bank (up 0.61%) advanced.

Shares of road construction company MEP Infrastructure Developers slumped 6.38% to Rs 27.90. The company announced that it has received Letter of Acceptance (LoA) from Public Works Department, Government of Maharashtra on 22 August 2019. The company said that it has been appointed as a contractor for collection of toll at approved rates on all specified vehicles at Thane-Bhiwandi-Wadpa road Thane District in the State of Maharashtra. The contract is for the period of 3 years. The total contractual amount for the said project is Rs. 36.63 crore payable on quarterly upfront basis.

Infosys rose 1.45%. The IT major announced a strategic partnership with University of Illinois Urbana-Champaign (UIUC) to develop new technologies and systems in precision medicine. Through this partnership Infosys also becomes a member of the Center for Computational Biotechnology and Genomic Medicine (CCBGM). The announcement was made after market hours yesterday, 22 August 2019.

Metal casting and jigs producer Kennametal India fell 1.39% to Rs 954.85 after the company's net profit fell 21.6% to Rs 17.60 crore on a 2.7% rise in the net sales to Rs 231.80 crore in Q1 June 2019 over Q1 June 2018.

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Adani Ports & Special Economic Zone Ltd     370.85   Down   -0.45 (-0.12%)   Asian Paints Ltd     1,842.25   Down   -42.65 (-2.26%)   Axis Bank Ltd     744.30   Up   3.25 (0.44%)   Bajaj Auto Ltd     3,065.50   Down   -25.40 (-0.82%)   Bajaj Finance Ltd     4,880.45   Up   2.40 (0.05%)   Bajaj Finserv Ltd     9,709.70   Down   -48.95 (-0.50%)   Bharat Petroleum Corporation Ltd     471.75   Down   -3.80 (-0.80%)   Bharti Airtel Ltd     545.60   Up   2.20 (0.40%)   Bharti Infratel Ltd     226.20   Up   1.10 (0.49%)   Britannia Industries Ltd     3,059.40   Down   -22.85 (-0.74%)   Cipla Ltd     435.75   Down   -11.75 (-2.63%)   Coal India Ltd     179.35   Up   1.60 (0.90%)   Dr Reddys Laboratories Ltd     3,255.30   Down   -22.85 (-0.70%)   Eicher Motors Ltd     18,848.65   Down   -26.55 (-0.14%)   GAIL (India) Ltd     119.30   Down   -0.55 (-0.46%)   Grasim Industries Ltd     751.30   Down   -5.85 (-0.77%)   HCL Technologies Ltd     608.05   Up   2.30 (0.38%)   HDFC Bank Ltd     1,217.10   Down   -10.10 (-0.82%)   Hero Honda Motors Ltd     2,240.25   Down   -11.35 (-0.50%)   Hindalco Industries Ltd     189.95   Up   1.85 (0.98%)   Hindustan Unilever Ltd     2,248.25   Down   -43.90 (-1.92%)   Housing Development Finance Corporation Ltd     2,369.50   Down   -7.75 (-0.33%)   ICICI Bank Ltd     547.00   Up   2.20 (0.40%)   Indian Oil Corporation Ltd     112.30   Down   -1.90 (-1.66%)   IndusInd Bank Ltd     1,182.20   Up   40.05 (3.51%)   Infosys Technologies Ltd     797.00   Down   -3.45 (-0.43%)   ITC Ltd     207.45   Up   0.75 (0.36%)   JSW Steel Ltd     281.80   Up   0.95 (0.34%)   Kotak Mahindra Bank Ltd     1,685.95   Down   -15.15 (-0.89%)   Larsen & Toubro Ltd     1,280.60   Down   -0.80 (-0.06%)   Mahindra & Mahindra Ltd     524.85   Down   -1.55 (-0.29%)   Maruti Suzuki India Ltd     6,757.60   Up   1.00 (0.01%)   Nestle India Ltd     16,539.50   Down   -245.55 (-1.46%)   NIFTY (S&P CNX)     12,080.85   Down   -45.05 (-0.37%)   NTPC Ltd     111.35   Down   -0.70 (-0.62%)   Oil & Natural Gas Corpn Ltd     102.80   Up   1.10 (1.08%)   Power Grid Corporation of India Ltd     189.25   Up   1.75 (0.93%)   Reliance Industries Ltd     1,485.95   Down   -17.85 (-1.19%)   State Bank of India     327.65   Up   7.30 (2.28%)   Sun Pharmaceuticals Industries Ltd     404.95   Up   1.40 (0.35%)   Tata Consultancy Services Ltd     2,156.80   Down   -39.55 (-1.80%)   Tata Motors Ltd     158.50   Up   0.45 (0.28%)   Tata Steel Ltd     443.55   Up   10.35 (2.39%)   Tech Mahindra Ltd     829.60   Down   -11.30 (-1.34%)   Titan Company Ltd     1,322.85   Down   -6.75 (-0.51%)   UltraTech Cement Ltd     4,428.10   Down   -45.00 (-1.01%)   UPL Ltd     584.35   Down   -0.85 (-0.15%)   Vedanta Ltd     142.35   Down   -0.30 (-0.21%)   Wipro Ltd     245.70   Down   -1.90 (-0.77%)   Yes Bank Ltd     35.45   Up   0.15 (0.42%)   Zee Entertainment Enterprises Ltd     256.80   Up   4.55 (1.80%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

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