Nifty trades in red; BSE Shares listed at Rs 1089, Stock Tips for Today

On Friday, The Oldest Stock Exchange The BSE has great listed on NSE. Stock listed at Rs 1085 per share against its issue price Rs 806, up 35 percent. The BSE Sensex trading at 28190, lower by 35 points or 0.12 percent, while NSE Nifty down 11 points or 0.13 percent at 8723. The BSE stocks listed on NSE because according to SEBI rules, BSE does not list its own platform. Some buying activity is seen in Consumer Durable, IT and Telecom. Industrials, Auto, and Basic Materials are showing weakness on BSE. Telecom stocks are gaining grounds on bourses with major stocks in the index trading in green on the BSE. MTNL is up by 14.78%, RCom is up by 14.52% and Infratel is up by 3.87%. Infratel contributing 38% to the index gains.

Bharti Infratel, Cipla, Bank of Baroda, BHEL, and IndusInd Bank are the top gainers, whereas ICICI Bank, Zee Entertain, Bosch, Eicher Motors, and ACC are the losers on NSE.