Benchmark Indices Trade in Green, Metal Index shines by 2.5%
DSIJ Intelligence / 14 Dec 2015

The Indian markets witnessed some relief from today’s opening session and have been able to sustain in the positive territory. The indices like Metals, Healthcare and Bankex pulled the benchmark higher than expected. At present the Nifty and Sensex are up by 39 and 113 points respectively to trade at 7649 and 25157 respectively. Both the indices opened up with a gain of around 05 percent.
The Indian markets witnessed some relief from today’s opening session and have been able to sustain in the positive territory. The indices like Metals, Healthcare and Bankex pulled the benchmark higher than expected. At present the Nifty and Sensex are up by 39 and 113 points respectively to trade at 7649 and 25157 respectively. Both the indices opened up with a gain of around 05 percent.
The advance-decline ratio is tilted towards the positive side in the morning session. On the NSE, 1509 shares are trading in gains while 946 shares are trading in red.
Top Nifty Gainers: Adani Ports is the top gainer in today’s morning session up by 4.4% followed by Tata Steel, HUL, Hindalco and Idea Cellular.
Top Nifty Losers: Tata Motors is the top loser in the morning session down by 1.8% followed by Axis Bank, Cairn India, ONGC and Bharti Airtel.
On the sectoral front, 13 out of 13 sectors are trading in the green zone. Metal is the top gainer trading higher by 160 points. It is followed by Healthcare and Consumer Durables which are up by 117 points and 81 points respectively. Broader markets Mid-Caps and Small-Caps are up in the range of about 80 points. While Bankex, Consumer Durables, Auto and Capital Goods index are trading in the green.
On the global front, the Asian markets are giving out negative vibes. Nikkei is the top loser in the morning session down by 347 points. The Hang Seng is trading lower by 154 points. The Shanghai Composite and the KOSPI are also trading on negative note.
Buzzers:- Tata Steel opened on a positive note and broke the major hurdle at around Rs 245. Going ahead if the stock manages to cross Rs 250, may see more up move above this level.
The Nifty future is sustaining above the technical level of 7600, indicating vital support at this level.
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