Nifty Crosses 8400 Mark, Bankex Up By 1%
DSIJ Intelligence / 01 Jul 2015
The headline Indian indices are holding their morning gains at their current levels. All the sectoral indices are trading on a positive note. The Nifty is trading up by 67 points at 8436 and Sensex is 195 points higher at 27976. Both the indices are trading up in the range of 0.71-0.81 percent.
The headline Indian indices are holding their morning gains at their current levels. All the sectoral indices are trading on a positive note. The Nifty is trading up by 67 points at 8436 and Sensex is 195 points higher at 27976. Both the indices are trading up in the range of 0.71-0.81 percent.
The advance-decline ratio is on the positive side. On the NSE, 1715 shares are trading in the green and 707 shares are in red.
Top Nifty Gainers: Ambuja Cement is leading the gainers list so far, up by 3.91%. Cipla, bank Of Baroda, HCL tech and PNB are also trading higher.
Top Nifty Losers: Zee Entertain is trading lower by 0.73%, followed by Hero Motocorp, Bajaj Auto, NMDC and HDFC.
All of the 13 sectoral indices are trading in the green. Capital Goods is the top gainer, up by 263 points. Bankex, Healthcare and Auto also surged more than 150 points each. Mid-Caps and Small-Caps have gained around 100 points. Consumer Durables, Metals, IT and FMCG also were trading in positive territory.
The Asian markets are trading with positive results. Hang Seng is the top gainer, up by 283 points. The Nikkei, is up by 93 points. The Shanghai, KOSPI and Taiwan Weighted are all on higher note.
Buzzers: Bank Of Baroda opened trades on a positive note today, and made a new high of Rs 150.30. Mid-session, the stock broke a major resistance at Rs 150. If it closes above this level, the stock may see a further up-move.
Nifty Future given bullish crossover after breaking the technical level of 8400. Going ahead, 8455/8480 will be the major resistance level.
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