Benchmark Indices Trades In Green, Bankex Gains In Early Trade
Suparna / 08 May 2014
Tracking on positive Asian cues the markets in India opened in the green and are currently trading with positive sentiments. The Nifty is up by 33 points at 6686 and Sensex is higher by 116 points at 22440 level. The Indian rupee opened higher by 18 paise at 59.95 against per USD. Bankex is the leading sector this morning, up by 141 points.
The India markets are trading with positive sentiment after tracking firm global cues. At present the Nifty and Sensex are up by 33 and 116 points respectively to trade at 6686 and 22440 respectively.
The advance-decline ratio is tilted towards the positive side in the morning session. On the NSE, 1898 shares are trading in gains while 1547 shares are trading in red.
Top Nifty Gainers: Cipla is the top gainer in today’s morning session up by 2.14 % followed by ICICI Bank, Hindalco, Tata Motors and Bharti Airtel.
Top Nifty Losers: GAIL is the top loser in the morning session down by 1.68 % followed by BPCL, Ambuja Cements, DLF and Hero Motocorp.
On the sectoral front, all the sectors are trading in green. Bankex is top gainer trading higher by 141 points. It is followed by Auto and Metals indices which are up by 94 points and 62 points respectively. Broader markets Mid-Caps and Small-Caps are up by 35 points and 56 points respectively.
On the global front, the Asian markets are giving out positive vibes to trade in positive zone. Nikkei is top gainer in the morning session up by 120 points. The Hang Seng and Taiwan index is trading higher by 79 points and 37 points respectively.
Buzzers: - Procter & Gamble after Q4FY14 results announcement, surged by over 6.32%, hitting 52-week high of Rs 3719.90.
Nifty future is trading at 6699 with major support at 6650-6670 levels and resistance at 6730.
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