Markets Flat, Nifty Hovering Around 8100 Mark

The Indian markets witnessed directionless movement from this morning. However, the market witnessed some profit booking on the higher level. On the current scenario the Nifty index was up by 6 points at 8066 and the Sensex was up by 50 points at 26641. Both the indices were seen trading at flat note by .01% each.

On the NSE, the advance-decline ratio is indicating some positive cues as 1350 advanced and 1205 declined.

Top Nifty Gainers: Tata Motors is leading the gainer lists so far and is up by 5.9%. It is followed by Hero Motocorp, Bajaj Auto, SBI and M&M.

Top Nifty Losers: Bosch is leading the losers list so far and is down by 1.5%. It is followed by Tech Mahindra, ICICI Bank, Asian Paints and Kotak Mahindra.

Some sectors lost their gain around mid-session. 5 out of 13 sectors was trading in red. IT the top loser, trading down by 49 points. It was followed by Bankex, Healthcare and Capital Goods, which were showing some downward movement. However, Mid-caps and Small-caps sustained on positive note. Auto is the top gainer up by 332 points.

The Asian market continued with the morning trade trading in the positive scenario. The Hang Seng was up by 485 points. It was followed by the Nikkei which had up 243 points. The Straits Times and KOSPI were trading with positive note.

Buzzer: Tata Motors stock opened in positive sentiment, as stocks continue to sustain above the technical  level of Rs 400. If the stock closes above this the technical level may see more up move in further trading session.

Nifty Futures is volatile, closing level will decide further move.