Nifty Holds 5950, Ends Flat

The Indian markets saw a volatile move post noon, with the Nifty registering a low of 5953. At the end of the day, it managed to close with a marginal gain of 2 points at 5959.5 and Sensex closed in at 19639.7 down by 20.1 points. 

The advance–decline ratio ended on a positive side at the end of the day. On the NSE, 723 shares closed in green and 697 shares closed in red. 

Top 5 Gainers on NSE: Jindal Steel and Power ended up by 2.66% as the top gainer on NSE, followed by Kotak Mahindra Bank, Ambuja Cement, UltraTech Cement and Maruti Suzuki.

Top 5 losers on NSE: Jaiprakash Associates ended the day as top loser on NSE down by 3.75% followed by NTPC, Coal India, Hindustan Unilever and Siemens. 

7 out of 13 sectors ended up. Realty, Teck and IT were top gainers among the sectoral indices at the end of the day. Consumer Durables and Power witnessed profit booking, while both the sectors closed down by 0.68%-1.17%.

The European markets are trading on a flat note. FTSE 100 and Dax are trading in a positive zone in the range of 0.13%-0.42%. CAC 40 is trading flat with a negative bias. 

On the global front, the Asian shares closed on a positive note. Japan’s Nikkei 225 is closed up by 3.64%, followed by Hong Kong’s Hang Seng and Taiwan Weighted. 

Buzzers: Venky’s soared more than 10%, ahead of quarterly results closed at Rs 192. The stock touched an intraday high of Rs 491 and a low of Rs 433.50. It saw an up move over a heavy volume. The company will present its quarterly result on February 7, 2013.

McLeod Russel saw a good momentum in the last hour of trade. The stock opened at 356.95 and went on to hit a low of Rs 350.55.

The markets saw a lackluster trading session and there were no major cues from the European market. Going ahead, the levels of 5940 will be closely monitored and on an upside the levels of 6020.