Mumbai, September 13: Benchmark BSE Sensex opened in red on Wednesday while NSE Nifty opened in green during early morning trade. Sensex was down by over 5 points or 0.02% at 32,152.86 while NSE Nifty was up by just 1 point or 0.01% at 10,094.10. Soon after, the key Indian equity indices started trading in red during early morning trade on Wednesday. The major gainers in BSE Sensex during the early morning trade were M&M, TCS, Tata Motors and Adani Ports while the major losers in BSE Sensex were HDFC, Cipla, ITC, and LT.
At 3.35 PM: After two consecutive sessions of positive trade, benchmark indices closed on a flat note. Sensex was up by over 28 points or 0.09% at 32,186.41 while Nifty closed in red about 13 points low or-0.14% at 10,079.30.The initial public offer (IPO) of Matrimony.com, the online matchmaking portals, was oversubscribed 2.49 times so far on the last day of bidding i.e. today. According to data revealed by NSE, the IPO aims to raise over Rs 500 crore. It received bids for 70,11,855 shares against the total issue size of 28,11,280 shares.
At 2.30 PM: Sensex was up by over 100 points or 0.31% at 32,259.20 while the wider Nifty was up by over 13 points or 0.14% at 10,107.00. The NSE index was steadily recovering from an about 1.6% fall in August and was on track for its fifth consecutive daily increase.
At 12.30 PM: Sensex zoomed by over 127 points or 0.40% at 32,285.86 while the wider Nifty was up by over 23 points or 0.23% at 10,116.75. Foreign portfolio investors (FPIs) sold shares worth a net Rs 1,230.74 crore yesterday, as per provisional data released by stock exchanges.
At 11.30 AM: Sensex was up by over 70 points or 0.22% at 32,229.58 while Nifty was up by over 13 points or 0.14% at 10,106.95. The main gainers during the morning trade were Reliance Industries, Sun Pharma, Dr Reddys Labs, M&M, BHEL, Tata Power and Bank of Baroda are top gainers on the indices.
At 10 AM: Sensex was up by over 82 points or 0.26% at 32,241.30 while the broader Nifty was up by 23.60 points or 0.23% at 10,116.65. On Wednesday, the rupee opened 5 paise up at 63.99 against dollar on fresh selling of the US currency by banks and exporters. Yesterday, the rupee had fallen by 11 paise to 64.04 a dollar on persistent demand for the American currency from banks and importers. Stock markets opened with gains also backed the rupee, they added.
On Tuesday, market brimmed with confidence as the Sensex breached the 32,000 mark again by climbing 276 points to bring up a nearly one-month closing high, with the focus clearly on key macroeconomic data. Sensex on Tuesday remained above the base line throughout the session before settling higher by 276.50 points, or 0.87 per cent, at 32,158.66 on continuous inflow of funds by domestic institutional investors (DIIs). This is the highest closing since August 7 when the figure stood at 32,273.67. The index had rallied 220.19 points in the previous three sessions.