Sensex, Nifty Stuck At Higher Level, Auto Surges
Suparna / 01 Jul 2014
A positive trading day ended with indices being stuck on the higher side. Today most of the sectors traded in the positive territory with Auto being the out performer of the lot and up by more than 460 points. The Nifty index closed the day up by 23 points at 7634 and Sensex ended higher by 102 points at 25516.
The Indian markets witnessed a positive trading session today, but the movement of indices was stuck around the higher levels. Auto was the out performer of today’s trading session up by 480. The Nifty saw an up move by 23 points at 7634 and Sensex was up by 102 points at 25516.
The advance-decline ratio on NSE was positive, as the day ended with 1817 shares in green and 1107 shares in the red zone.
Top Nifty Gainers: Hindalco gained 6.97% in today’s trade, followed by Maruti Suzuki, Tata Motors, M&M and Tata Steel.
Top Nifty Losers: Tech Mahindra closed the day lower by 2%, followed by Asian Paints, TCS, Wipro and BPCL.
Most of the sectoral indices closed on a positive note. Auto stocks witnessed rally in today’s trading session and went up by around 460 points. Capital Goods and Metals also saw uptrend around 200 points each, while Bankex, Mid-Caps and Small-Caps closed on the positive side.
All the major Asian markets had a mixed session on the bourses today and ended the day in the positive territory. The Nikkei witnessed up move by 164 points, the Hang Seng market closed down by 30 points, while Taiwan and Shanghai closed on the negative side as well.
Buzzer: Hindalco was up by more than 6% on the bourses today and closed up at the technical level of Rs 175. If the stock opens above this level, it may touch Rs 182/190 mark in the next few sessions.
From last couple of days, Nifty future closed to give bullish crossover above 7650 mark. If it opens above this level it may see more positive trend.
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.