Live Stock Market Updates - Sensex, Nifty Open at Report Excessive; Yes Bank Slips 7%

Following the trail of US indices that ended in green, Nifty and Sensex opened at record highs, with shopping for considered in several sectors.

Markets opened on a good note taking the cues from US market beneficial properties. Buying considered in a few sectors, serving to the market preserve its earlier day gains. Banking sector uneven as Yes bank reports a dip of around 7%. Telecom Sector trading weak for the third day.

The S&P BSE Sensex is trading at 33,198, up by 50 points, whereas NSE Nifty is trading at 10,339, dipping by 4 points.

The BSE Mid-cap Index is trading up by way of 0.32% at 16,386 whereas BSE Small-cap Index is trading up by 0.54% at 17,350.

BPCL, Kotak Mahindra Bank, GAIL, Tata Motors, and solar Pharma are among the gainers, whereas Yes Bank, Infratel, ICICI Bank, Bharti Airtel, and HPCL are losing steam on NSE

Some buying seen in common supplies, FMCG, Auto, consumer Durables, and power Sectors, while Tech, Bank Telecom and Finance sectors show weakness on the BSE.The INDIA VIX is up by 4.11% at 12.09.Out of 1,953 stocks traded on the NSE, 1,003 evolved, 502 declined, and 448 remained unchanged today.

A total of 46 stocks registered a fresh 52-week high in trade nowadays, whereas 7 shares touched a new 52-week low on the NSE.

Yes bank stock hits 3-month low; worst performer on Nifty50. The stock slips in trade after reporting divergence collection of Rs 6,355 Cr for FY17.

Cipla's US arm will get final USFDA nod for typical Renvela drugs. Stock advances 1%.

Bajaj Auto says it is unaffected by using the ban put forth via Karnataka high court . Stock up 1%.

Future client (+1%) alloted 14.96 lakh shares to Black River food 2 upon conversion of compulsory convertible debentures.

Aurobindo Pharma will get USFDA nod for Amiodarone Hydrochloride injection. Stock up 1%.United Spirits stock jumps 13% after Q2 FY18 net profit rises.

Sugar stock open strong. Dharani Sugar, Dwarikesh Sugar, Dwarikesh Sugar (+4%), Balrampur Chini (+3%).

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