Shares of midcap companies are continue at their upward march for the seven straight trading sessions with the National Stock Exchange (NSE) CNX Mid-cap index hit a fresh record high today.

At 1427 hours, CNX Mid-cap index was up 0.60% at 13,608 points, after hitting a new high of 13,631 in intra-day trade. The CNX Nifty was down 0.20% at 8,761.

Shares of Inox Wind listed at Rs 400, a 23% premium against its issue price of Rs 325 per share, on the National Stock Exchange (NSE).

It touched high of Rs 427 and has seen a combined 4.91 million shares changed hands on the counter on the NSE and BSE. At 1015 hours, the stock was trading at Rs 411 on the NSE.

BSE Sensex, NSE Nifty are closed on Thursday and Friday due to public holidays. Trading will resume on Monday.

The benchmark BSE Sensex on Wednesday began the new fiscal year on a promising note by gaining more than 300 points to settle the day at 28,260.14, recording first weekly gain in three weeks while Sun Pharmaceutical Industries and Ranbaxy Laboratories surged ahead of a planned merger.

As many as 189 companies or nearly 13% of the 1,457 NSE -companies missed the March 31 deadline of appointing a single woman director on their boards, according to a compilation by Prime Database.

The number stood at 245 companies as on 4:30pm on March 31. More than 50 companies including Adani Enterprises on Wednesday announced the appointment of women directors, even as many others including some state-run giants lagged behind in getting a female member on their board to comply with a new regulatory requirement.

Markets recovered from day's lows but continued to remain volatile helped by a rebound in bank and information technology shares even as select index heavyweights capped upside gains.

At 2:30PM, the 30-share Sensex was up 6 points at 27,463 and the 50-share Nifty was down 8 points at 8,334.

Benchmark share indices extended losses for the third straight day as investors booked profits at higher levels with ICICI Bank and FMCG majors leading the decline.

The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.

BSE Sensex and NSE Nifty closed more than 1% lower on Friday as the retail inflation data dampened hopes of a rate-cut by the Reserve Bank of India (RBI) in April and fear of a US Fed rate-hike in June put emerging market currencies under pressure.

“There are no key triggers for the markets, currently. While markets opened higher amid optimism from the passage of the insurance bill in the Rajya Sabha, it doesn’t come across as a great surprise as it was a long-pending issue.

India’s broader NSE Nifty index rose to a record high on Tuesday led by gains in Reliance Industries after CLSA said the conglomerate could report a record profit for the fourth quarter, while hopes of higher weightage in the MSCI index also helped.

The 50-share index rose as much as 0.45 pct to 8,996.80, surpassing its previous record high of 8,996.60 hit on Jan. 30.

ITC has dipped 9% to Rs 358 on National Stock Exchange (NSE) after the finance minister proposed to some changes in excise duty on cigarettes.

The stock has fallen nearly 13% from its record high of Rs 410 touched during intra-day trade today.

ITC has dipped 9% to Rs 358 on National Stock Exchange (NSE) after the finance minister proposed to some changes in excise duty on cigarettes.

The stock has fallen nearly 13% from its record high of Rs 410 touched during intra-day trade today.

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