Trades Higher But Sluggish
Suparna / 10 Jan 2013
The benchmark indices for Indian equities opened higher today on the back of strong global cues. The Nifty is currently at 5987 and Sensex is at 19728.
The benchmark indices for Indian equities opened higher today on the back of strong global cues. The Nifty opened at 5998.80, touched a high of 6005.15 and a low of 5980.55 and is currently trading up by 16 points at 5987. The Sensex opened at 19770.21, saw a high of 19808.06 and a low of 19765.66 and is currently at 19728. Both indices are trading up in the range of 0.31%-0.36%.
The advance-decline ratio is in favour of the bulls in the morning trading session. On the NSE, 831 shares have advanced and 438 shares have declined.
Top 5 NSE Gainers: ONGC is the top gainer on the NSE, trading up by 2.65%, followed by Tata Motors, Coal India, GAIL and Wipro.
Top 5 NSE Losers: ACC is down by 1.41%. Others in the losers list include Bharti Airtel, Sun Pharma, ICICI Bank and BHEL.
10 out of the 13 sectoral indices are trading firm this morning. PSU and Oil & Gas are higher by 1.08%-1.20%.
The Asian markets are trading higher. The Nikkei 225 has gained 0.94%, and Hang Seng and Taiwan Weighted are both up around 0.85%.
Buzzers: Gujarat NRE Coke has touched an intraday high of Rs 23.65 and a low of Rs 22.45. The stock is currently trading up by 7% at Rs 23.20. The company reported a strong set of Q3FY13 numbers.
BPCL has touched its new 52-week high in today’s trade. It is now trading up by 0.16% at 386. The stock has surged on reports that the government will hike diesel and LPG prices shortly.
After a strong opening, the Nifty has been trading rather sluggishly. This indicates that the market is in no mood to cross the hurdle of 6020. So, we expect range-bound trades for the rest of the day. Strong support stands at 5970 and 5930.
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.