Indices end in Nominal Gains

DSIJ Intelligence / 13 Aug 2015

Indices end in Nominal Gains

The NSE 50 and the BSE 30 indices opened in the positive but remained flat till the end of day’s trades. There were no major triggers to take them in any direction as such. The Nifty ended 6 points higher on 8355, while the Sensex was up by 37 points at 27549. The indices ended up by 0.08-0.14 percent respectively.

The NSE 50 and the BSE 30 indices opened in the positive but remained flat till the end of day’s trades. There were no major triggers to take them in any direction as such. The Nifty ended 6 points higher on 8355, while the Sensex was up by 37 points at 27549. The indices ended up by 0.08-0.14 percent respectively.

The advance-decline ratio ended on the negative side in the closing session. On the NSE, 1018 shares closed in green, while 1832 shares ended the day in red.

Top 5 Nifty Gainers: M&M closed with the highest gains, up by 3.9%. Cipla, Tata Power, Lupin and BPCL were among the others trading positive.

Top 5 Nifty Losers: Vedanta finished the day down by 9.1%, followed by Tata Steel, Hindalco, Bharti Airtel and NMDC.

10 out of the 13 sectors closed in the red. Metals was the top loser down by 217 points. This was followed by Consumer Durables index, down by 109 points, and Capital Goods, which lost 47 points. Mid-Caps and Small-Caps were also down by 97 points. However Bankex and Health Care were seen in trading higher by 140 points each.

The Nikkei market was the top gainer among its Asian peers, up 202 points. Hang Seng was up by 102 points, and Shanghai and Taiwan Weighted also remained in the green.

Buzzer: M&M saw higher stocks as it has been surging higher the past few days. Today, it saw some strength to move up by 3.7% and close at Rs 1339.

The Nifty traded in a very narrow range for today’s session. Tomorrow’s opening may decide some direction for the index.

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