Indices Surges, Nifty Above 8600 Mark
Suparna / 11 Feb 2015
The Indian markets has been witnessing good recovery from last couple of session. Today Capital Goods and Bankex stocks saw massive amount of buying, and were up by 322 points and 225 points respectively. This was followed by Metals, Mid-Caps and Small-Caps index that too gained by 150 points each. The Nifty recovered from the lower end, and closed up by 61 points at 8627 while Sensex was up by 178 points and closed at 28533 level.
The advance-decline ratio on NSE was mixed side, as the day ended with 1730 shares in green and 1076 shares in the red zone.
Top Nifty Gainers: Jindal Steel closed the day higher by 5.96%, followed by Tech Mahindra, Axis Bank, L&T and Bank Of Baroda.
Top Nifty Losers: ONGC closed the day lower by 2.74%, followed by BHEL, Zee Entertain, Tata Motors and Cairn India.
All the sectoral indices were positive in today’s trading session. Capital Goods and Bankex stocks witnessed massive amount of buying in today’s trade and were up by 322 points and 225 points respectively. This was followed by Metals, Mid-Caps and Small-Caps stocks also were up by 150 points. While Consumer Durables, FMCG and Oil & Gas stocks closed in positive territory.
All the Asian markets saw mixed session in today’s trade. The Hang Seng market saw negative move by 213 points. While the Taiwan and Shanghai market closed on the positive note, up by 68 points and 16 points respectively.
Buzzer: Jindal Steel was up by more than 5.96% on the bourses today and closed up at the technical level around Rs 150. If the stock opens above this level, it may touch Rs 165/175 mark in the next few sessions.
Nifty Future cross and closed above 8650 mark, which is the positive indicator for tomorrows trade.
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