Markets Ends On A Positives Note

DSIJ Intelligence / 15 Jun 2015

Markets Ends On A Positives Note

The Indian markets witnessed good strength in today’s trade. Auto and Healthcare indices were top gainer of the day and surged by 197 points and 147 points respectively. The Nifty moved up by 31 points to close at 8013 and Sensex was up by 161 points and closed at 26586.

 

The Indian markets witnessed a good strength in today’s trade. Auto and Healthcare indices were top gainer of the day and surged by 197 points and 147 points respectively. The Nifty moved up by 31 points to close at 8013 and Sensex was up by 161 points and closed at 26586.

The advance-decline ratio ended positive for the day. On the NSE, 1433 shares closed in green, while 1219 shares were in the red.

Top 5 Nifty Gainers: Cairn India closed the day up by 3.85% as the top gainer. Idea Cellular, Sun Pharma, M&M and IDFC were among the others that ended higher.

Top 5 Nifty Losers: Power Grid ended as the top loser, down by 2.89%, followed by Bank of Baroda, ACC, Hindalco and IndusInd Bank.

9 out of the 13 sectoral indices ended on a negative note. Auto sector index surged by 197 points and Healthcare ended up by 147 points. Capital Goods and Oil & Gas also appreciated around 75 points today. While IT, FMCG and Small-Caps maintained their positive bias. However Bankex and Consumer Durabals ended on negative note and were down by 80 points each.

The Asian markets closed on a negative note. Hang Send was the top loser, down by 418 points. The Shanghai Composite ended lower by 103 points, and Straits Times and Taiwan Weighted were also in negatives territory.

Buzzers: The stock of HDFC was up by more than 2% and made a high of Rs 1218. If its opens ans sustains above this level may see 1230/1245 in next couple of sessions.  

The Nifty managed to close above the 8000 mark. We hope that it may see a recovery from current  level.

 

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