India Stock Market opens in a red sign

Due to poor global cues, pressure is being witnessed in Domestic Market, Sensex and Nifty is trading with a fall of 0.5 percent. Sensex has come down to 29400,Nifty is trading below 8870.

stock marketThe S&P BSE Sensex openes on a week note with red sign. The BSE 30-share index Sensex below 33 points per head with a decline of 0.14 percent is trading at 29518rs. The NSE Nifty below 15 points per 50 shares or change of 0.20 percent decline in the leading index is trading at 8894 levels.

The S&P BSE Midcap Index was down 0.22 percent and the S&P BSE Smallcap Index slipped 0.10 percent. BSE capital goods was up by 14 points or 1 percent.

Stocks which are in news today:

Coal India: OFS Coal India will open on January 30, the floor price will be announced on January 29. Coal India will sell 31.58 million shares through OfS, 5 percent sell through Grinsu option. Is likely to raise Rs 24,000 crore through it.

HDFC Bank: CCEA grants for HDFC Bank NRI, FPI, to issue shares to FII‘s raise 10,000 crore proposal is approved. HDFC Bank’s foreign holdings to 74 percent proposal has been approved by CCEA.

Lupin: 49 percent of the Lupin’s FPI threshold, CCEA has approved the proposal. The company is 33 percent of the FPI limit.

Tata Power(NALCO): Tata Power NALCO UGS ( unattended ground sensors ) Defence business buy 8.3 crore.

Just Dial: The third quarter of fiscal year 2015, 28.8 percent to Rs 154.42 crore in the Just dial income while in the third quarter fiscal 2014 earnings Just dial was 119.86 crore.