Indian Indices Open Flat

Thu, 11 Aug 09:30 am

   Previous Close   

   Pre-Open   

   11:30 am   

   01:30 pm   

   Closing   

Major Asian stock markets have opened the day on a mixed note with stock markets in Indonesia trading higher by 0.4%. While, stock market in Singapore is trading lower by 0.7%.

Benchmark indices in Europe and the US ended their previous session in red with stock markets in Germany ending the day lower by 0.4%. The rupee is trading at 66.71 per US$.

Indian stock markets have opened the day on a flattish note. The BSE Sensex is trading marginally lower by 27 points (up 0.1%) and the NSE Nifty is trading marginally lower by 5 points (up 0.06%). While BSE Mid Cap and BSE Small Cap are trading marginally higher by 0.1% each.

Major sectoral indices have opened the day on a negative note with stocks from auto and capital goods sector witnessing maximum selling pressure.

As per an article in Livemint, sales of passenger vehicles grew by 16.8% in the month of July as compared to a year ago. Passenger vehicles category includes passenger cars, utility vehicles and vans.

The passenger vehicles sales posted a high double digit growth on the back of strong demand for compact sports utility vehicles (SUVs). The utility vehicle segment grew by 42% YoY during the month led by strong models such as Maruti's Vistara Breeza, Renualt KWID, Mahindra's KUV100 etc.

The sales of passenger vehicles may possibly improve on the back of a good monsoon, implementation of seventh pay commission and lower interest rates. Car loan rate have come down by around 0.65% since a year ago. Monsoon too has been normal till date and an improvement in two-wheeler sales is already seen on account of this. Two wheeler sales too grew by 13.5% YoY during the month of July.

Increase in rural wages and spending and demand from urban areas will be the key things to watch out for going forward.

In another news update, The Competition Commission of India (CCI) has approved the deal between UltraTech Cement and Jaiprakash Assocaites for the former to buy the latter's cement assets.

The deal is pegged at a valuation of Rs 161.8 billion. The deal will give UltraTech an access to 21.1 million tonne of Jaiprakash Associates cement assets. Reportedly, the consummation of the transaction is expected to take nine to twelve months.

Jaiprakash Associates is seeking to reduce its debt which stands at Rs 582.5 billion at a consolidated level as at 31 March 2016 and the passage of the deal is of utmost importance to them.

And here is the latest result update of UltraTech cement for the quarter ended June 2016. Click here (subscription required) to access it.

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

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers