Moneycontrol
Last Updated : Nov 27, 2018 12:28 PM IST | Source: Moneycontrol.com

D-Street Buzz: Metals drag the most led by JSPL, JSW Steel; Sun Pharma down 4%, ONGC hits 52-week low

The breadth of the market favoured the declines with 769 stocks advancing and 863 declining while 426 remained unchanged. On the BSE, 1099 stocks advanced, 1177 declined and 144 remained unchanged.

Sandip Das @Im_Sandip1

The Indian benchmark indices is trading on a negative note this Tuesday afternoon with the Nifty50 down 14 points, trading at 10,614 while the Sensex is down 38 points at 35,315.

Nifty metal continues to remain the biggest underperformer, down over 2 percent dragged by JPSL, Hindalco Industries, JSW Steel, NALCO, SAIL, NMDC, Tata Steel and NALCO.

Pharma stocks have turned negative with loses from Sun Pharma which shed 4 percent followed by Cadila Healthcare, Aurobindo Pharma, Cipla and GSK Pharma.

However, Nifty Energy is trading in the green led by BPCL, IOC and Reliance Industries.

Realty stocks are also buzzing led by DLF, Sunteck Realty, Godrej Properties and Brigade Enterprises.

The top gainers from NSE include Infosys, Bajaj Finserv, IOC, BPCL and UltraTech Cement.

The top losers included JSW Steel, Sun Pharma, Tata Steel, Hero Moto and Vedanta.

The most active stocks were YES Bank, Infosys, Sun Pharma, Axis Bank and Reliance Industries.

Electrosteel Steels, ICICI Prudential Mutual Fund and Linde India are some of the few stocks which hit new 52-week high on the NSE.

60 stocks have hit new 52-week low including names like Bombay Rayon Fashions, IL&FS Transportation Networks, Jindal Steel & Power, Hindustan Zinc, ONGC, Prabhat Dairy and Steel Authority of India among others.

The breadth of the market favoured the declines with 769 stocks advancing and 863 declining while 426 remained unchanged. On the BSE, 1099 stocks advanced, 1177 declined and 144 remained unchanged.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

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First Published on Nov 27, 2018 12:28 pm
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