Share Market updates: Indian equities are currently trading on a flat note. S&P BSE Sensex was trading at 38,631, down 61 points, while the broader NSE Nifty50 was at 11,579, slipping 27 points. Nifty Midcap underperformed the market, falling 0.5 percent, while Nifty Smallcap index was flat. Sensex was trading 7 points above at 38,708, Nifty fell 6 points to 11,597.
Here's a look at live updates for the Indian share market today:
11:15 am: Shares of Lakshmi Vilas Bank opened at yesterday's close of Rs. 97.35 and hit the lower circuit by falling almost 5% to day's low in the morning trade. Yesterday the Bank's board approved a scheme of amalgamation with Indiabulls Housing Finance in a proposed share swap deal.
11:00 am: Reliance Communications, Sterlite Technologies, KSS, Mercator and Shoppers Stop hit new 52-week low on NSE.
10:45 am: Infosys, Merck, ICICI Lombard, Seamec and Spacenet Enterprises hit new 52-week high on NSE.
10:40 am: Asian Paints informed that a fire broke out at its paint manufacturing facility in Visakhapatnam, Andhra Pradesh, in the afternoon yesterday. As the announcement was made after trading hours yesterday, the company's share opened today 1.7% lower than yesterday's close and fell as much as 3.7% to day's low of Rs. 1,440.
10:30 am: Nifty is trading up by 15.35 points and Sensex is up by 69.96 points. Market has fallen 0.04% while volumes have fallen by 6.41%. HCL Tech is the top gainer and Bharti Airtel is the top loser on Sensex and Nifty.
10:15 am: Japan-based-Impact HD Inc (IHD) will invest Rs. 1.5 crore for 49% stake in the Coffee Day Enterprises Ltd.'s subsidiary--Coffee Day Consultancy.
10:00 am: Market regulator SEBI approved Bharti Airtel's Rs 25,000 crore fundraising plan.
9:30 am: Benchmark indices Sensex and Nifty opened flat on Tuesday amid subdued global markets and as investors remained cautious ahead of general elections and March-quarter earnings season.
9:25 am: Bharti Airtel, Yes Bank, Zee, Infosys, and Tech Mahindra were top gainers. All sectoral indices except Nifty FMCG and Nifty IT were trading in the red. SGX Nifty up 6 points.
9:20 am: S&P BSE Sensex was trading at 38,631, down 61 points, while the broader NSE Nifty50 was ruling at 11,579, slipping 27 points. Nifty Midcap underperformed the market, falling 0.5 percent, while Nifty Smallcap index was flat.
9:15 am: After opening flat, Sensex gathered momentum and jumped 100 points, Nifty topped 11,600; IT stocks surged, Asian Paints, Indiabulls Housing were the top losers in morning session.
9:10 am: Shares in Asia also remained subdued as investors braced for key events later in the week. While Asian markets like Nikkei, Hong Kong Index are trading flat-to-negative, oil price were up above $71 as Libya civil war threatened supply.
9:05 am: US Dow Jones declined 0.3% while the S&P 500 extended its longest rally since 2017 to eight days. US Futures declined 37 pts or 0.2%.
9:00 am: Indian rupee opened marginally higher at 69.59 per dollar on Tuesday against the US dollar. Markets are expected to open flat on account of global cues.