Monday, 30 January 2017

Sensex Finishes Flat; Idea Zooms 26% on Merger Talks

Share market in India finished the trading day on a flat note after four straight sessions of gains due to caution ahead of the federal budget

At the closing bell, the BSE Sensex closed lower by 33 points, whereas the NSE Nifty finished lower by 9 points. The S&P BSE Midcap finished up by 0.3%, while the S&P BSE Small Cap finished down by 0.3%.

Losses were largely seen in auto stocks and bank stocks.

Here is a complete list of BSE gainers today.

Idea Cellular share price surged 26% in the afternoon session after Vodafone India confirmed that the company was in discussion with the Aditya Birla Group for an all-share merger of Vodafone India and Idea Cellular.  

REC share price finished the trading day down by 1.5% on the BSE.

HDFC share price finished down by 0.4% on the BSE after the company.

The rupee was trading at Rs 68.04 against the US$ in the afternoon session. Oil prices were trading at US$ 53.07 at the time of writing this share market news.

If you have any query, use Equitymaster's online stock screener to scan stocks listed in BSE and NSE stock exchanges in India using various key metrics like share price, market cap, P/E ratio, dividend yield and more.


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