• 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
Benchmarks come off day's high; realty shares advance
(12:14, 11 Sep 2019)

Key barometers came off the day's high in the early afternoon trade. Realty stocks made the biggest upmove. At 12:12 IST, the barometer index, the S&P BSE Sensex, was up 196.52 points or 0.53% at 37,341.97. The Nifty 50 index was up 29.15 points or 0.26% at 11,032.20.

The S&P BSE Mid-Cap index was up 0.65%. The S&P BSE Small-Cap index was up 1.24%. Both these indices outperformed the Sensex.

The market breadth was strong. On the BSE, 1681 shares rose and 582 shares fell. A total of 118 shares were unchanged.

On the derivatives front, the NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.22% at 15.50. The Nifty September 2019 futures were trading at 11,079.65, a premium of 31.3 points compared with the spot at 11,048.35.

On the options front, the Nifty option chain for 26 September 2019 expiry showed maximum call open interest (OI) of 21.56 lakh contracts at the 11,200 strike price. Maximum put OI of 34.24 lakh contracts was seen at 10,800 strike price. The option chain indicated that Nifty will stay between 10,800 and 11,200 till September expiry.

Realty stocks were in demand. DLF (up 6.16%), Godrej Properties (up 4.45%), Oberoi Realty (up 4.17%), Mahindra Lifespace Developers (up 2.38%), Indiabulls Real Estate (up 1.32%), Sobha (up 1.27%), Sunteck Realty (up 1.21%), Prestige Estates Projects (up 1.09%), Anant Raj (up 0.73%), The Phoenix Mills (up 0.51%) and Omaxe (up 0.26%) jumped.

The S&P BSE Realty was up 3.47% at 2,030.59.

State owned Bharat Heavy Electricals (Bhel) was up 3.88% after the company successfully commissioned the 1320 MW IB Thermal Power Station. The supercritical power plant is based in Jharsuguda district, Odisha. BHEL's work in the project encompassed design, engineering, manufacturing, supply, erection and commissioning of steam turbines, generators, boiler, associated auxiliaries and electrical.

Shares of state-run oil marketing companies surged after media reports suggested that the national carrier Air India would settle its dues with the PSU OMCs via easy monthly installments. HPCL (up 1.83%), BPCL (up 1.27%) and Indian Oil Corporation (up 0.63%) advanced.

Media reports suggested that Air India will pay Rs 100 crore to the public sector oil marketing companies (PSU OMCs) from September 2019 onwards. The reports added that this payment is one of the arrangements chalked out by the government to ensure uninterrupted fuel supply to the debt-ridden airline. Public sector OMCs had earlier on 22 August stopped fuel supplies to Air India at six airports of Kochi, Mohali, Pune, Patna, Ranchi and Vizag over payment defaults. PSU OMCs together have unpaid liabilities of close to Rs 5,000 crore from state-run air carrier, reports stated.

JSW Steel announced crude steel production numbers for the month of August 2019. The company's crude steel production declined 13% to 12.53 lakh tonne in the month of August 2019 as compared to 14.48 lakh tonne in August 2018. JSW Steel was trading 3.12% higher at Rs 226.5

Pharmaceutical major Sanofi India was down 2.71%. The company announced selling Ankleshwar site in Gujarat to Zentiva for Rs 261.7 crore.

Powered by Capital Market - Live News

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

Want Us to Call You?