Sensex, Nifty Zoom On Closing Buzz.

The Indian markets witnessed massive buying on closing buzz after the fall of trade deficit data more than expected. As a result Auto sector outperform in today’s trade and was up by 266 points. Bankex, Consumer Durables and Oil & Gas also appreciated by more than 80 points each. The Nifty end on positive note, up by 40 points and closed at 8430 and Sensex closed 131 points higher at 28177.

The advance-decline ratio on NSE was on the positive side as the day ended with 1963 shares in green and 1750 shares in the red zone.

Top Nifty Gainers: SBI gained 5.48% in today’s trade, followed by Bank Of Baroda, Tata Motors, Asian Paints and PNB.

Top Nifty Losers: Jindal Steel closed the day lower by 2.62%, followed by Ultra Tech Cement, DLF, NMDC and Tech Mahindra.

Most of the sectoral indices closed on a positive note. Mid-Caps and Small-Caps also closed in positive territory up by 92 points and 120 points respectively. However Metals and Health Care saw some profit booking scenario down by 62 points and 22 points respectively.  

All the major Asian markets closed the day on a negative note. Nikkei closed down by 517 points, whereas Hang Seng Index closed down by 290 points. Taiwan and Straits Times also closed in the negative territory, down by 98 points and 27 points respectively.   

Buzzer: Bank Of Baroda was up by more than 4.2% on the bourses today and closed near the technical level of Rs 1050. If the stock opens above this level tomorrow, it may touch the Rs 1075/1090 mark in the next few sessions.

Nifty Future Closed above 8450 mark which is the fresh bullish breakout on Intra-day chart. Going ahead if it’s open above this level may see trade above 8500 mark.