D-Street Buzz: Nifty infra underperforms with BHEL down 3%; DHFL sheds 6%, RIL recovers

Reliance Is The World’s Costliest Energy Stock To Own

The Indian benchmark indices continues to commerce within the crimson with the Nifty50 extending its loss to 57 factors, buying and selling at 10,495 whereas the Sensex is down 124 factors at 34,887.

Nifty infra is down 1 p.c dragged by Bharat Heavy Electricals, CG Power, Engineers India, IRB Infra, NTPC, Reliance Infra and Tata Power.

Media shares are additionally weak as Sun TV, TV Today, Dish TV, INOX Leisure and Zee Entertainment.

Oil & fuel shares are down dragged by BPCL, HPCL and Indian Oil Corporation. However, Reliance Industries has recovered and is buying and selling in the inexperienced.

Nifty IT is up half a p.c led by Infibeam, Tech Mahindra, KPIT Tech, Mindtree and Tata Elxsi.

The prime gainers from NSE embrace Axis Bank, State Bank of India, Tech Mahindra, HCL Tech and Hindalco Industries.

The prime losers embrace Indiabulls Housing Finance, IOC, NTPC, IndusInd Bank and HPCL.

The most lively shares are Axis Bank, PC Jeweller, Dewan Housing Finance, Maruti Suzuki and Indiabulls Housing Finance.

The prime BSE midcap gainers embrace UCO Bank, Union Bank of India, Torrent Power and Apollo Hospitals whereas the highest smallcap losers embrace Sun TV, Balkrishna Industries and DHFL.

The prime smallcap gainers embrace TCPL Packaging which zoomed 20 p.c adopted by ADF Foods and UCO Bank. The losers embrace Som Distilleries and Fairchem Speciality.

Kilitch Drugs, Technocraft Industries, Universal Cables and Usha Martin are among the few shares which hit new 52-week excessive on the NSE.

40 shares have hit new 52-week low together with names like Amtek Auto, Pincon Spirit, Sharda Cropchem, SRS, V2 Retail and Vakrangee amongst others.

The breadth of the market favoured the declines with 791 shares advancing and 898 declining whereas 385 remained unchanged. On the BSE, 1164 shares superior, 1201 declined and 140 remained unchanged.

Disclosure: Reliance Industries Ltd. is the only real beneficiary of Independent Media Trust which controls Community18 Media & Investments Ltd.

For extra market informationclick on right here


Leave a Reply