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Sensex, Nifty likely to open lower
February 17, 2021
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Stocks likely to witness some action: APSEZ, Ashok Leyland, Heritage Foods, InterGlobe Aviation, Infosys, KEC International, L&T Finance Holdings, Muthoot Finance, Page Industries and, TVS Srichakra Global cues and SGX Nifty index signal that domestic markets are likely to open in negative territory with at least 0.75 per cent down. The SGX Nifty, which currently rules at 15,240 at Singapore Stock Exchange, indicates an almost 100-point gap-down for Nifty50 index futures, which on Tuesday closed at 15,330.
Markets across Asia-Pacific region are also ruling in red, with benchmarks of Japan, Hong Kong, Australia, the Philippines and Korea declining between 0.5 and 1.5 per cent.
Ashok Leyland Ltd is quoting at Rs 135.7, up 2.57% on the day as on 12:49 IST on the NSE. The stock is up 71.77% in last one year as compared to a 23.82% jump in NIFTY and a 33.5% jump in the Nifty Auto index.
Ashok Leyland Ltd is up for a third straight session today. The stock is quoting at Rs 135.7, up 2.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14832.75. The Sensex is at 50422.04, up 1.25%. Ashok Leyland Ltd has gained around 30.42% in last one month.
Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has gained around 14.83% in last one month and is currently quoting at 10638.6, up 1.66% on the day. The volume in the stock stood at 371.93 lakh shares today, compared to the daily average of 438.73 lakh shares in last one month.