Market Update: It's a bloody Monday on Dalal Street, Nifty 50 trading down by 325 points
All sectoral indices trading in red and NIFTY PSU BANK is the worst-performing index.
The Indian equity market on expected lines opened in red as indicated by the SGX Nifty. Nifty 50 opened in red at 17076.15 against the previous close of 17374.75, which means a gap down of 298.6 points. However, soon it slipped further and traded below the 17,000 level. Nonetheless, currently, it is trading at 17054.65. Out of 50 stocks in Nifty, 48.0 are trading below their previous close and 2.0 are trading above their yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of declines. Overall we see that more stocks are trading in the red.
In today’s trade, the best performing index is NIFTY IT which is also down by 0.12 per cent. This is followed by NIFTY HEALTHCARE INDEX, which is down by 0.81 per cent. The worst performing index currently (10:30 am) is NIFTY PSU BANK. It is down by -3.37 per cent. Out of the total 13.0 companies forming part of the index,13.0 companies are trading in the red.
Following Table Shows Some Companies Scaling 52-Week High (Price >50)
|
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
|
New Delhi Television Limited
|
177.3
|
177.3
|
169.0
|
9.99
|
|
SEL Manufacturing Company Limited
|
181.35
|
181.35
|
172.75
|
4.98
|
|
Sejal Glass Limited
|
103.5
|
103.5
|
98.6
|
4.97
|
|
Focus Lighting and Fixtures Limited
|
107.0
|
107.0
|
101.95
|
4.95
|
|
Sapphire Foods India Limited
|
1540.0
|
1503.8
|
1538.9
|
4.38
|
|
Crest Ventures Limited
|
178.45
|
176.95
|
172.95
|
4.09
|
|
Mahalaxmi Rubtech Limited
|
149.35
|
146.5
|
142.25
|
2.99
|
|
D B Realty Limited
|
134.05
|
130.75
|
127.7
|
2.39
|
|
Oil & Natural Gas Corporation Limited
|
176.35
|
171.5
|
174.9
|
1.99
|
|
Mangalam Global Enterprise Limited
|
159.5
|
154.15
|
156.35
|
0.03
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
|
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
|
Bharatiya Global Infomedia Limited
|
5.3
|
5.3
|
5.3
|
4.95
|
|
Mukand Engineers Limited
|
27.95
|
27.95
|
26.75
|
4.88
|
|
JIK Industries Limited
|
1.15
|
1.15
|
1.1
|
4.55
|
|
Jindal Cotex Limited
|
4.9
|
4.9
|
4.7
|
4.26
|
|
Impex Ferro Tech Limited
|
1.35
|
1.35
|
1.3
|
3.85
|
|
Quintegra Solutions Limited
|
1.85
|
1.85
|
1.8
|
2.78
|
|
Integra Garments and Textiles Limited
|
1.7
|
1.7
|
1.7
|
0.0
|
|
HT Media Limited
|
39.0
|
37.8
|
38.6
|
-0.79
|
|
Cyber Media (India) Limited
|
23.5
|
21.5
|
22.65
|
-4.02
|
Overall market is trading in favour of decline. Currently advance to decline ratio stands as 25:373
