Benchmark Indices Remain Positive, Capital Goods Surges

Suparna / 21 Apr 2014

Benchmark Indices Remain Positive, Capital Goods Surges

At the current hour, barring IT all the sectoral indices are trading in the positive zone. The Nifty50 is up by 17 points to trade at 6799 and the BSE30 is trading at 22700, up by 68 points in the mid-session trading. Capital Goods have surged by 350 points in the intraday trade.

After a positive opening, the indices continued to trade on the positive flat note in mid-session. Currently, Nifty is up by 17 points at 6799 and Sensex has moved up by 68 points to 22700. The indices have moved higher in the range of 0.30% each.

The advance-decline ratio also continues to be positive. On the NSE, 1935 shares are in the green and 1409 shares are in red.

Top Nifty Gainers: Larsen is leading the gainers list, up by 4.06%. M&M, PNB, BHEL and BPCL are the other stocks trading higher.

Top Nifty Losers: Wipro is down by 5.56% so far, followed by Cairn India, DLF, Asian Paints and HUL.

Barring IT all of the sectoral indices are on the positive side. Capital Goods and Bankex are up by 350 points and 135 points respectively. Metals and Auto are also trading positive in the range of 130 points to 129 points. Mid-Caps and Small-Caps also surged more than 85 points. 

In the Asian markets, Hang Seng maintained the morning gain and trading up by 64 points. However Nikkei, is down by 3 points. KOSPI and the Shanghai Composite were trading with nominal loss in mid session.

Buzzer: Maruti Suzuki has gained around 2.17 % to Rs 1,988.45 on the bourses, making an intraday high and 52 week high of Rs 2001 so far. It may see more up-move in the counter.

If Nifty Future is trading at 6815 level, may see closing around 6820 level.

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