L&T Technology Services Debuted, Stock Market Moving towards losses

Indian Stock Market opened flat today amid weak global cues. Global Axles, the rear axle shaft manufacturer will debut in the stock market on 26th September and price for its stock is fixed as Rs 207 per share. L&T Technology Services has made the stock debut today with RS 860 as its issue price. Sensex is live at 28749 with 24 points and Nifty has lost 6 points to 8860. Currently, Rupee is trading down by 5 paise at 66.71 against US Dollar. Midcap sectors are still trading in the positive zone. BSE Midcap is 51 points up to 13346 while Nifty Midcap is up 53 points to 15692 and BSE Small cap has hiked 54 points yet to 13003.

Commodity market is moving into the negative zone with some major and minor losses. MCX Gold has lost 101 points to 31231 and Silver dropped 400 points or 0.84 percent to 47168. Crude Oil dropped 33 points down to 3068.

In Asian Market, global indices are trading with minor losses. Nikkei dropped 42 points to 16765, Hang Seng lost 18 points to 23740 and Shanghai Composite is just 5 points down to 3036.

Sensex Nifty Slumped, Commodity Market on Flat Note

Sensex and Nifty opened on a flat note on Friday morning. Sensex has lost 196 points at 28848 and Nifty has lost 64 points yet. Commodity market is also showing average movements today. MCX Gold has dropped 6 points to 31197 while Silver dropped 18 points to 46696. In energy sector, Crude oil dropped 21 points to 3143 and Natural gas hiked 1.20 points to 187.30. Midcap sectors are trading down today. BSE Smallcap dropped 49 points to 12873, BSE Midcap dropped 92 points to 13386 and Nifty Midcap dropped 74 points to 15671. BSE Auto sector dropped 267 points to 22919, BSE BANKEX dropped 301 points to 23184 and Bank Nifty lost 243 points to 20173. Currently, Rupee is trading lower by 13 paise at 66.55. Till yet 890 shares have advanced, 1422 shares have declined and 146 shares are unchanged.

Asian Market Updates: Japan's benchmark index Nikkei trading at 16965 with minor hike of 7 points, Hong Kong's benchmark index has a major hike of 336 points at 24255 and China's Shanghai Composite has dropped 2 points to 3093.

Equity Benchmarks Strong Opening, Sensex Reclaims 28000 level

Stock Market started on a higher note in the morning trade on Friday. Benchmark indices are trading with fabulous leads. Sensex live at 28017 with 303 points hike and Nifty live at 8641 with 90 points lead. All the major sectors are trading in the positive zone. BSE Small Cap with 127 points hike live at 12255, BSE Midcap with 118 points hike live at 12605, Nifty Midcap currently on 14734 witk 139 points up and the Auto sector is leading of all with 244 points hike at 21253. Asian Market is trading mixed. Nikkei dropped 11 points to 16243, Hang Seng with 301 points up trading at 22134 and Shanghai Composite with 3 points down live at 2979 points. MCX and NCDEX market are showing the average movements. MCX Gold dropped 20 points to 31760 and Silver slided 127 points down to 47550. Crude Oil and Natural Gas with minor drop are trading at 2782 and 189 points respectively. Rmseed dropped 7 points to 4924, Soyabean had a minor drop of 2 points at 3628 and Cocudakl uplifted 9 points to 2547.

Indian Stock and Commodity Market Rising High

Indian shares closed higher on Thursday and opened with high rise on Friday erasing all the losses of last Friday happened due to Brexit. All the sectors are trading in the positive zone, BSE Capital Goods being at the highest with 254 points up. BSE Small Cap live at 11885 with 84 points up, BSE Mid Cap live at 11835 with hike of 118 points and Nifty MidCap trading on 13955 with 139 points up. Sensex live at 27202 with 202 points hike or 0.75 percent while Nifty is at 8346 with 58 points up pr 0.71 percent. All the major global indices are trading positive except the Singapore's index Straits Times with break down of 4.73 points. Indian currency Rupee, trading live on 67.11 with 11 points up against Dollar.

In Bullion Market, MCX Gold opened low but managed to trade in positive with 344 points lead at 31,543 while Silver trading highly in positive zone with 1,812 points lead at 45,280. In energy Sector, Crude oil breakdown with 18 points at 3286 and Natural Gas with little hikes trading at 198.50.