Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGIN

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

End of Year Sale!
Grab Our Small Cap Recommendation
Service at a 60% Discount




Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Indian Markets open flat
Wed, 24 Jun 09:30 am

The major Asian stock markets have opened the day on a positive note with markets in Japan (up 0.4%) and Hong Kong (up 0.1%) leading the gains. However, stock market in China (down 0.2%) is trading in the red. Stock markets in US and Europe closed their session on a positive note.

Indian stock markets have opened the session on a flat note today. BSE-Sensex and NSE-Nifty are trading marginally higher, both up by 0.1%. S&P BSE Midcap and S&P BSE Smallcap indices are trading in the green, up 0.4% and 0.3% respectively. Among the sectoral indices, stocks in financial institutions segment are witnessing selling pressure while FMCG stocks are leading the gains. The rupee is trading at 63.62 per US dollar.

Stocks in the automobile sector have opened the day on a mixed note. As per leading financial times, automotive major Mahindra and Mahindra (M&M) has launched its new small commercial vehicle Jeeto. The launch, which has several variants, was made from its Zaheerabad manufacturing plant in Telengana. Jeeto is the first product in its category with a modular range of 8 mini trucks to cater to various needs of sub-one tonne segment. It is priced at Rs 2.32 lakh and is available in S, L and X series to cater to mini truck, micro truck and 3-wheeler customers. Stock of M&M has opened the day on a negative note.

As per a financial daily, Tata Power Delhi Distribution (TPDDL), a joint venture of Tata Power has signed a memorandum of understanding (MOU) with Cluster Innovation Centre University of Delhi. This is to jointly commence research and develop projects in the area of electricity distribution of technology. TPDDL is a front runner in technologies and innovation in the field of power distribution. For the fourth quarter of 2015, Tata Power had reported a consolidated net profit of Rs 1.6 bn as against a loss of Rs 1.4 bn in the same period last year. Stock of Tata Power has opened the day in red.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Indian Markets open flat". Click here!

  
ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
TRENDING TOPICS
FREE NEWSLETTERS
EQUITYMASTER SUPPORTS
  • HelpYourNGO
  • You Tube
  • Linkedin
  • Twitter
  • Telegram
  • Google Play

Copyright © Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited).

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Phone +91-9136015013

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst)
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Email: info@equitymaster.com. Website: www.equitymaster.com.
CIN:U74999MH2007PTC175407

Name of the Compliance & Grievance Officer: Ms Sonal Ramachandran
Telephone: +91-22-61434003 | Email: compliance@equitymaster.com

LEGAL DISCLAIMER:
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.