Market Update: RBI keeps key rates unchanged; Nifty 50 surges by 105 points

Market Update: RBI keeps key rates unchanged; Nifty 50 surges by 105 points

Shashikant Singh
/ Categories: Trending, Mindshare

NIFTY METAL is the best performing index and NIFTY FMCG is the worst performing index.

In a bi-monthly monetary policy meeting, RBI kept all the key rates unchanged and maintained an accommodative stance, which was cheered by the equity market. Nifty 50 opened in green in today’s trade. It opened at 17554.1 against the previous close of 17463.8, which means a gap up of 90.23 points. Currently, it is trading at 17539.1. Out of 50 stocks in Nifty, 21.0 are trading below their previous close and 29.0 are trading above their yesterday's close. In today’s trade, most of the stocks in Nifty are trading in favour of advances. Overall, we see that there are more stocks trading in green.

Today the best performing index is NIFTY METAL which is up by 1.03 per cent. This is followed by NIFTY MEDIA, which is up by 0.95 per cent. The worst performing index currently (10:30 am) is NIFTY FMCG. It is down by -0.56 per cent. Out of the total 15.0 companies forming part of the index, 10.0 companies are trading in red, 5.0 are trading in green.  

Following Table Shows Some Companies Scaling 52-Week High(Price >50)

 

Company

New High

LTP

Prev High

Change(%)

Adani Wilmar Limited

385.95

379.25

321.9

17.82

Consolidated Finvest & Holdings Limited

205.35

196.25

186.7

14.67

Hindustan Composites Limited

375.0

355.0

375.0

11.23

Birla Cable Limited

129.95

126.2

127.0

9.31

D B Realty Limited

121.65

121.65

115.9

4.96

Focus Lighting and Fixtures Limited

97.0

96.15

92.5

3.95

AMD Industries Limited

58.0

56.75

55.5

3.94

Jindal Poly Films Limited

1335.0

1329.65

1334.0

3.15

Gujarat Narmada Valley Fertilizers and Chemicals Limited

565.8

562.85

551.4

2.99

Jagran Prakashan Limited

82.0

80.6

80.7

1.32

 

Following Table Shows Some Companies Scaling 52-Week High(Price <50)
 

Company

New High

LTP

Prev High

Change(%)

Burnpur Cement Limited

8.25

8.25

8.0

4.43

Anik Industries Limited

39.45

38.3

39.4

4.08

Consolidated Construction Consortium Limited

4.05

4.05

3.9

3.85

Crown Lifters Limited

38.65

36.0

36.85

-2.31

Lypsa Gems & Jewellery Limited

9.85

9.0

9.45

-4.76

Beardsell Limited

23.45

21.25

22.35

-4.92

 

Overall market is trading in favour of advances. Currently advance to decline ratio stands as 221:174
 

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