Corporate Actions

NIFTY holds a slightly positive tone

06-Oct-26   09:45 Hrs IST

The key equity barometers traded with marginal gains in early trade. Nifty opened at 22603 and hit a high of 22628 in first half hour of trade. Nifty Private Bank, Nifty Metal and Nifty Chemicals shares rose, while Nifty Healthcare Index and Nifty IT shares retreated.


At 09:30 IST, the barometer index, the S&P BSE Sensex, inched up 186.19 points or 0.26% to 72,568.66. The Nifty 50 index posted modest gains of 44.35 points or 0.20% to 22,600.10.


The broader market underperformed the frontline indices. The BSE 150 MidCap Index added 0.58% and the BSE 250 SmallCap Index moved higher by 0.61%.


The market breadth was positive. On the BSE, 2622 shares advanced and 1175 shares fell. A total of 217 shares were unchanged.


Nifty Private Bank index edged higher by 0.80% to 26932. The index has eased by 3.70% in last one month and lost 2.81% over last one year. Kotak Mah. Bank, edging up 3.39%, led the gainers followed by IndusInd Bank, inching higher 1.45% and Axis Bank, adding 1.27%, respectively. Out of 10 index constituents, 4 are reporting gains today.


Nifty Metal index posted modest gains of 0.72% to 12588. The index has drifted lower by 4.98% in last one month and registered sharp gains of 22.70% over last one year. Vedanta, up 3.22%, led the gainers followed by Lloyds Metals, gaining 2.90% and APL Apollo Tubes, edging up 1.65%, respectively. Out of 15 index constituents, 14 are reporting gains today.


Nifty Healthcare Index index moved lower by 0.45%. The index has posted modest losses of 3.55% in last one month and gained 10.11% over last one year. Apollo Hospitals, losing 2.40%, led the losers followed by Max Healthcare, down 2.20% and Dr Reddy's Labs, easing 0.75%, respectively. Out of 20 index constituents, 14 are reporting loss today.


In NIFTY500, Trent is the top gainer today, spiking 10% to Rs 2832.50. The counter has lost 18.99% in last one year. It recorded an average volume quantity of 94813.80 in last five sessions compared to 87995.21 over last one month.


Asian markets climbed on Tuesday. China’s Shanghai composite is slightly higher by 0.31%, Hong Kong’s Hang Seng is higher by 0.69%. Japan’s Nikkei 225 is trading higher by 0.51%.


Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.