Sensex, Nifty End With Gains In Lacklustre Day Of Trade; Metals, Cement, Pharma Gain
Here’s all the live market action to follow
Closing Bell:
In what turned out to be a lacklustre day of trade before the Indian equities take a two-day holiday break, the benchmark indices remained largely rangebound but managed to eke out gains.
Both S&P BSE Sensex as well as the NSE Nifty gained 0.1 percent to close at 28,082 and 8,708 respectively. Gains were seen across Metals, Cement and Pharma sector. While Tata Steel (Up 3.1 percent) was the top gainer on the Nifty, Bharti Airtel was on the other end of the spectrum, ending lower by 1.22 percent.
Tata Motors Global Sales Cross 1 Lakh Mark In September 2016:
Global sales of Tata Motors Ltd., including the Jaguar Land Rover increased 5 percent compared to 1,02,289 units, compared to last year. While global passenger vehicle sales for September grew 7 percent to 67,985 units, global wholesales for Jaguar Land Rover were at 52,914 vehicles.
As of 2.10 p.m., shares of Tata Motors Ltd. were trading lower by 0.2 percent at Rs 564.85 per share.
Paper Stocks Continue To Gain:
Paper stocks continued to gain with stocks like Tamil Nadu Newsprint Ltd. reaching a fresh 52-week high of Rs 374.80. Here are some of the buzzing paper stocks:
- Tamil Nadu Newsprint (+2.77% to Rs 374.80)
- Ruchira Papers (+8.23% to Rs 114.45)
- JK Paper (+6.57% to Rs 81.90)
- Star Paper (+10.86% to Rs 127.05)
- International Paper APPM (+4.43% to Rs 344)
- Emami Paper (+19.58% to Rs 120)
- Shree Rama Newsprint (+6.68% to Rs 27.95)
- Seshasayee Paper (+8.04% to Rs 643.05)
Cement Stocks Buzzing In Trade:
Cement stocks were trading with gains with stocks like JK Cement Ltd. and India Cements Ltd. scaling fresh 52-week highs. Here are some buzzing stocks:
- ACC (+2.99% to Rs 1,664)
- Ambuja Cements (+1.86% to Rs 257.50)
- Ultratech Cement (+1.55% to Rs 3,995)
- JK Cement (+3.26% to Rs 990)
- Saurashtra Cement (+4.14% to Rs 81.80)
- Shree Digvijay Cement (+5.74% to Rs 25.80)
- Udaipur Cement Works (+17.48% to Rs 27.55)
- Panyam Cements (+5.32% to Rs 68.25)
