Indices Recover from Lower End

DSIJ Intelligence / 03 Nov 2015

Indices Recover from Lower End

The Indian markets witnessed some choppy action mid-session today. However the market saw some dipped dives. In the current scenario, the Nifty was up by 15 points to 8065 and the Sensex by 59 points to 26618. Both the indices were seen trading higher around 0.17-0.22 percent.

The Indian markets witnessed some choppy action mid-session today. However the market saw some dipped dives. In the current scenario, the Nifty was up by 15 points to 8065 and the Sensex by 59 points to 26618. Both the indices were seen trading higher around 0.17-0.22 percent.

On the NSE, the advance-decline ratio is still on the positive side with 1478 advances and 1130 declines.

Top Nifty Gainers: NTPC is leading the gainer lists so far and is up by 2.4%. It is followed by Hindalco, M&M, Hero Motocorp, and Vedanta.

Top Nifty Losers: GAIL is leading the losers list so far and is down by 2.1%. It is followed by Asian Paints, Tata Motorsa Adani Port and Lupin.

Most of the sectors regained but still 10 out of 13 sectors trading in green at mid-session. IT remains the top gainer, trading higher by 117 points. It was followed by Oil & Gas, Healthcare and Auto, which were up around by 50 points. Mid-caps and Small-caps were positive in this scenario.  

The Asian market continued with some buying. The Hang Seng was up by 198 points. It was followed by the Taiwan which had up 98 points. The Nikkei were trading with nominal losses.

Buzzer: IT companies like Infosys, Mid Tree, Oracle and TCS saw good amount of buying, up in the range of 1.5%-3%.

Nifty Futures continued to sustain above the 8000 mark which indicate vital support on lower levels. 

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