Market Trades In Green

Nifty opened at 6065 touching a high of 6071.95 and a low of 6053.30. Sensex opened at 20,014.80 hitting a high of 20,073.46 and a low 20,000.32.

The advance-decline ratio is positive in the morning trading session. On the NSE, 696 shares have advanced and 472 shares have declined.

Top 5 Gainers on NSE: Hindustan Unilever is the top gainer on NSE trading up by 1.97% followed by Reliance Industries, DLF, ICICI Bank and Axis Bank.

Top losers on NSE: Punjab National Bank is among the top losers on NSE trading lower by 1.27% followed by HDFC, HDFC Bank, ITC and Tata Motors.

Among the sectoral indices, most of the sectors are trading firm. The Oil & Gas Index moved 1.25% higher, the Realty index has moved 0.99% higher, and the CG sector has moved 0.67% higher. Power, Auto and FMCG are trading in a negative zone.

The Asian markets have inched up. Japan’s Nikkei 225 is trading higher by 1.46% followed by Hong Kong’s Hang Seng, Strait Times and KOSPI. Shanghai Composite is trading flat with a positive bias. 

Buzzers: Crompton Greaves dipped more than 7% in today’s trade. The stock made a new 52 week low of Rs 99.80. It has moved down after reporting a consolidated net loss of Rs 189 crore in Q3 against a profit of Rs 77 crore in last year’s quarter. The stock has recovered from intraday low and is now trading at Rs 104. 

Shashun Pharma is extending its previous day’s gains of 13% and is now trading at 108.5 up by 5.5%. The stock has seen an upward move along with a rise in the volume in the first hour of trade.

Nifty has a strong intraday support around the levels of 6045 and 6015. Resistance on the higher side stands at 6075 and 6095.