Indices End On A Lower Note, IT And Healthcare Stay Positive
Suparna / 11 Jun 2014
Indian markets today witnessed sluggish trading sessions, as investors were caught up with profit booking. Most of the sectors closed on the negative side barring IT and Healthcare who provided some support on the lower side. The Nifty index closed down by 29 points at 7626 and Sensex was lower by 109 points to trade at 25473.
The Indian markets witnessed some profit booking trade on today’s trading session. Most of the sectoral indices closed on the lower side. On the other hand IT and Healthcare provided some support to the indices. The Nifty ended down by 29 point at 7626 and Sensex closed down by 109 points at 25473.
The advance-decline ratio on NSE was on the positive side as the day ended with 1908 shares in green and 1694 shares in the red zone.
Top Nifty Gainers: Infosys gained 3.84% in today’s trade, followed by Kotak Mahindra, TCS, Dr Reddy’s Labs and Hero Motocorp.
Top Nifty Losers: DLF closed the day lower by 5.29%, followed by Tata Power, Hindaco, NMDC and Coal India.
Most of the sectoral indices closed on a negative note. Metals and Consumer Durables witnessed some profit booking trade by 390 points and 258 points respectively. Oil & Gas and Auto saw down move around 200 points each. However, IT and Health Care saw some upward move.
All the major Asian markets closed the day in the positive territory. Hang Seng closed down by 58 points, whereas Taiwan Index closed up by 7 points. KOSPI and Shanghai Composite closed in the positive territory, Nikkei closed up by 74 points.
Buzzer: DLF was down by more than 5% on the bourses today and closed near the technical level of Rs 220. If the stock opens below this level, it may touch the Rs 210/195 mark in the next few sessions.
Nifty Future closed around 7620 level. Going ahead 7580 and 7550 levels will be an immediate supports.
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