Nifty slips below 10,100 mark ahead of RBI policy
At 12:40 PM, Nifty50 was at 10,071, down 47 points or 0.47% from the previous close. The BSE Sensex was at 32,681, down 121 points or 0.37%.
Shares of metal and steel companies were the worst hit today because of a decline in global prices of industrial metals and steel. Shares of Hindustan Zinc, Hindalco Industries, Vedanta, Hindustan Copper, Tata Steel, Jindal Steel and Power, and National Aluminium Co fell 1-3%.
Reliance Ind (+1%), Tech Mahindra (+1.01%), HCL Tech (+0.58%), Cipla (+0.48%) and Coal India (+0.41%) were the top gainers on Nifty 50.
Hindalco (-2.9%), Vedanta (-2.6%), Tata Steel (-1.9%), SBI (-1.2%) and Bajaj Auto (-1.2%) were the top losers in today’s trade.
India VIX dropped 0.73%.
Out of 1,985 stocks traded on the NSE, 885 advanced, 725 declined, and 375 remained unchanged today.
A total of 51 stocks registered a fresh 52-week high in trade today, while 16 stocks touched a new 52-week low on the NSE.
Shares of Tata Communications rose 1% today after the company said that it has partnered with Thailand-based DRVR to provide mobility and internet-of-thing solutions to the fleet management application services provider.
Shares of Shilpa Medicare fell over 4.5% after the company informed that its formulations unit in Telangana has received a Form 483 with 10 observations.
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