Theequicom : Metal stocks sparkle driven by JSPL; Tata Steel bounces 2%, YES Bank falls

Theequicom : Metal stocks sparkle driven by JSPL; Tata Steel bounces 2%, YES Bank falls 

The top gainers from the NSE incorporate Tata Steel, Vedanta, Hindalco Industries, Sun Pharma and GAIL India while the top failures are Indiabulls Housing Finance, YES Bank, Bharti Infratel, Bajaj Finance and UPL. 

Benchmark records are trading the red with Nifty shedding 61 points and is exchanging at 11,904 while the Sensex is down 217 points and is exchanging at 39,732 dimension. 

Clever Realty is down over a percent hauled by Indiabulls Real Estate, DLF, Prestige Estates and Sunteck Realty. 

IT stocks are likewise trading  the red with top failures being Tata Consultancy Services, HCL Tech, Infosys, Tata Elxsi and Tech Mahindra. 

From the financial space, the top failures are YES Bank, ICICI Bank, Kotak Mahindra Bank, Bank of Baroda, RBL Bank and Federal Bank. 

Specific auto stocks are down driven by Bajaj Auto, Maruti Suzuki, Hero MotoCorp, MRF and Tata Motors DVR. 

Clever Metal is up over a percent driven by Jindal Steel and Power which spiked 4 percent pursued by Hindalco Industries, JSW Steel, NALCO, SAIL and Tata Steel. 

India VIX is down 0.69 percent at 14.39 dimensions. 

The top gainers from the NSE incorporate Tata Steel, Vedanta, Hindalco Industries, Sun Pharma and GAIL India while the top failures are Indiabulls Housing Finance, YES Bank, Bharti Infratel, Bajaj Finance and UPL. 

The most dynamic stocks are Indiabulls Housing Finance, Tata Steel, YES Bank, Just Dial and IndusInd Bank. 

110 stocks have hit 52-week low on BSE including Eros Media, Manpasand Beverages, Mercator, Igarashi Motors, Leel Electricals, Kohinoor Foods, Jet Airways, Peninsula Land, Coffee Day Enterprises, HDIL and Aban Offshore among others. 

The broadness of the market supported the decays as 663 stocks progressed and 942 declined while 489 stayed unaltered on the NSE. On the BSE, 850 stocks progressed, 1024 declined and 104 stayed unaltered. 

Exposure: Reliance Industries Ltd. is the sole recipient of Independent Media Trust which controls Network18 Media and Investments Ltd.

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