Markets Turn Red, Capital Goods And IT Stocks Plunge
Suparna / 16 Apr 2014
Due to a heavy selloff in major sectors the markets are still trading in the red zone. Capital Goods and IT shares are down by 204 and 194 points respectively. The Nifty index is negative by 44 points at 6689 and the BSE30 is down by more than 100 points to trade at 22337.
The Indian markets witnessed heavy sell-off in mid-session and moved into negative zone from positive zone in mid-morning trades. Nifty went down by 44 points at 6689 and the Sensex by 145 points at 22337. Both the indicators were down by more than 0.60% each.
The advance-decline ratio is on the negative side. On the NSE, 1303 shares are in the green and 2052 shares are in red.
Top Nifty Gainers: ITC is leading the gainer’s list so far and is up by 1.50%, followed by Bank of Baroda, IndusInd Bank, PNB and Maruti Suzuki.
Top Nifty Losers: DLF is leading the losers list so far down by 4.61%, followed by BHEL, Infosys, Wipro and NTPC.
All most all the sectors are trading in red. Capital Goods was the top loser down by 204 points. IT and Auto were down by 194 and 98 points respectively. Mid-Caps and Small-Caps also tumbled in this negative scenario and are down by 45 points and 80 points respectively.
Asian markets were trading on a positive note. The Nikkei market was up by 420 points, followed by the Hang Seng which was up by 24 points. The Straits Times and the KOSPI were trading with nominal gain.
Buzzer:- Just Dial, stock surges 4.91% and made intraday high at Rs 1283.40.
Nifty future is trading at 6715 and fell down below 6730 level which is indicating more pain ahead.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.