Markets act cheeky: Indices end with nominal gains
DSIJ Intelligence / 01 Jun 2016
The Indian markets witnessed choppy trade on June’s first session. Sectors like Bankex, Auto and Capital Goods witnessed some profit booking; on the other hand FMCG and IT provided some strength. The Nifty ended with gains of 19 points at 8179 and Sensex was up by 45 points at 26713.
The Indian markets witnessed choppy trade on June’s first session. Sectors like Bankex, Auto and Capital Goods witnessed some profit booking; on the other hand FMCG and IT provided some strength. The Nifty ended with gains of 19 points at 8179 and Sensex was up by 45 points at 26713.
The advance-decline ratio ended on the positive side at the closing session. On the NSE, 1321 shares closed in green, while 1308 shares ended the day in red.
Top 5 Nifty Gainers: Adani Ports closed the day with the top gains on the NSE, up by 5.2%. Asian Paints, Bharti Airtel, ITC and Bharti Infratel were the others that ended higher.
Top 5 Nifty Losers: SBI was the top loser, down by 3.2%, followed by Bank of Baroda, Tata Motors, Hindalco and ICICI Bank.
Most of the indices ended in the green. Bankex was the top loser for the day, down by 240 points. Followed by Auto and Capital Goods, which were down by 116 points and 88 points, respectively. Metals and Consumer Durables also saw some selling pressure, and ended down by 40 points each. However FMCG and IT closed on a positive note.
In the Asian markets, the Nikkei ended lower by 279 points. On the other hand, the Hang Seng closed down by 54 points. The Shanghai Composite and KOSPI ended on a negative note.
Buzzers: Adani Ports. The stock surged by 5.2 per cent to close above the technical level of Rs 200. If it continues with the current momentum, it may see 215/220 levels soon.
The Nifty Future closed near the pivot level which is 8200. Tomorrow’s opening will decide further direction that the markets will navigate in.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.