At 2:25 PM, the BSE Sensex was trading at 34,147, down 36 points, while the Nifty50 was ruling at 10,490, down mere three points.
In the broader market, the BSE Midcap up 0.04% and and the BSE Smallcap Index was higher by 0.32%.
India’s largest passenger vehicles manufacturer, Maruti Suzuki India (MSIL), reported 15% volume growth in February 2018. It sold 1,49,824 vehicles in February 2018 against 1,30,280 vehicles in February 2017. Domestic sales were up 14% yoy, while exports were up 25% yoy. Stocks is trading marginally down on the NSE.
Ashoka Buildcon Ltd’s subsidiary Ashoka Concessions Ltd has been declared as the lowest bidder (L-1) for six laning of Khiaratunda to Barwa Adda section of NH-2 in Jharkhand. Stock soared 4%.
Ashok Leyland stock rose after it reported February sales numbers. Medium and heavy commercial sales grew 21% to 13,726 units and light commercial vehicle sales rose 63% to 4,455 units.
The volatility index, India VIX gained 1.17% at 13.9675.
BPCL (+2.8%), Aurobindo (+1.9%), Eicher (+1.3%), IndusInd Bank (+1.3%) and HCL Tech (+1.2%) were the top gainers on Nifty50.
Lupin (-1.5%), ICICI Bank (-1.5%), SBI (-1.4%), Lupin (-1.1%), Hindalco (-1.1%) and UPL (-0.80%) were the top losers in today’s trade.
A total of 21 stocks registered a fresh 52-week high in trade today, while 23 stocks touched a new 52-week low on the NSE.
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