Share Market Updates – BSE Telecom index extends losses for the sixth session

Extending its losing-run for the sixth session, the BSE Telecom index was trading 0.20 % down at 1,390 around 11.27 am (IST) in Friday’s trade with shares of Vindhya Telelinks (down 1.83 %), Sterlite Technologies (down 3.04 %), Mahanagar Telephone Nigam (MTNL) (down 1.12%), Reliance Communications (down 0.94 %) and Bharti Airtel (down 0.56%) as the top losers in the index.

stock-market-1459321447-9022300
Reliance Communications saw some selling on reports that the National Company Law Tribunal is set to pronounce its decision on Monday on whether or not to consider the proposal of the merger between Reliance Communications’ wireless business and Aircel.

Stocks such as ITI (up 4.25 %), OnMobile Global (up 3.73 %), Himachal Futuristic Communications (up 2.97 %) and Tata Communications (up 2.95 %) were gaining in the index

Benchmark Nifty50 and Sensex remained low despite a fresh spell of buying emerged in pharma and banking stocks.

Nifty was trading 76 points lower at 9,743, while Sensex was 209 points down at 31,322 around 11.27 am (IST).

Axis Bank, State Bank of India and YES Bank, Lupin and Dr. Reddy’s Laboratories were trading in green in the Nifty chart, whereas Vedanta, hindalco, Hero MotoCorp and Reliance Industries were losing.

Shares of JP Associates, Suzlon Energy, Unitech, HCL Tech, HDIL, NCC, IFCI, Adani Power, South Indian Bank, Union Bank India, Tata Motors and IDFC Bank were among most traded securities on NSE.

In the Nifty50 pack, 14 stocks were trading in green, while 37 stocks were in red.

On BSE, 878 stocks were advancing whereas 1,379 stocks were lagging.

To Get More Trending Market News & Updates Visit – http://marketmagnify.com/freetrial.php Give Miss call @7879881122

Indian ADRs: Dr Reddy’s Lab up 4.2%, Tata Motors gains

wall_street_adr_356_3231_356Indian ADRs ended higher on Monday.

In the IT space, Infosys gained 1.67 percent at USD 18.86.

Wipro added 1.10 percent at USD 11.98.

In the banking space, ICICI Bank advanced 1.34 percent at USD 6.83.

HDFC Bank rose 2.01 percent at USD 64.49.

In the other sectors, Tata Motors was up 1.84 percent at USD 29.30.

Dr Reddy’s Laboratories jumped 4.24 percent to USD 45.

WWW.MARKETMAGNIFY.COM

0731-475-9600

Indian ADRs: ICICI Bank down 3.5%, Infosys, HDFC Bank slip

wall_street_356_5813_356Indian ADRs ended lower on Friday.

In the IT space, Infosys slipped 0.91 percent at USD 18.55.

Wipro declined 0.75 percent at USD 11.85.

In the banking space, ICICI Bank was down 3.58 percent at USD 6.74.

HDFC Bank fell 1.80 percent at USD 63.22.

In the other sectors, Tata Motors was unchanged at USD 28.77.

Dr Reddy’s Laboratories was up 0.72 percent at USD 43.17.

WWW.MARKETMAGNIFY.COM

0731-475-9600

Indian ADRs: Tata Motors, HDFC Bank, Wipro up

wall_street_2310_356Indian ADRs ended higher on Thursday.

In the IT space, Infosys rose 0.32 percent at USD 18.72.

Wipro added 0.34 percent at USD 11.94.

In the banking space, ICICI Bank was down 0.71 percent at USD 6.99.

HDFC Bank was up 0.31 percent at USD 64.38.

In the other sectors, Tata Motors was up 2.20 percent at USD 28.77.

Dr Reddy’s Laboratories added 0.66 percent at USD 42.86.

WWW.MARKETMAGNIFY.COM

0731-475-9600

Indian ADRs: Tata Motors, Wipro gain; Dr Reddy’s Labs slips

wall_street_356_5813_356Indian ADRs ended mixed on Friday.

In the IT space, Infosys remained unchanged at USD 18.40.

Wipro was up 0.04 percent at USD 11.85.

In the banking space, ICICI Bank rose 0.14 percent at USD 6.63.

HDFC Bank was down 0.01 percent at USD 63.50.

In the other sectors, Tata Motors gained 0.56 percent at USD 29.58.

Dr Reddy’s Laboratories fell 1.28 percent at USD 41.90.

WWW.MARKETMAGNIFY.COM

0731-475-9600

1 2 3 8