Markets Trading Firm Tracking Strong Global Cues
Suparna / 20 Feb 2013
The Indian markets have started the trading session on a higher note over strong global cues. The Nifty is trading higher at 5957 and Sensex is at 19,698. Reliance Industries is the top gainer so far, trading up by 1.97%.
The Indian markets have started the trading session on a higher note over strong global cues. The Nifty is trading up by 17 points at 5957 and Sensex is up by 60 points at 19,698. Both indices are trading up in the range of 0.28%-0.31%.
The advance-decline ratio is on the positive side in the morning trading session. On the NSE, 801 shares are trading in the green and 353 shares are down.
Top 5 NSE Gainers: Reliance Industries is the top gainer so far, trading up by 1.97%. Ambuja Cements, Bharat Petroleum, DLF and HCL Technologies are the others higher in the positives.
Top 5 NSE Losers: Maruti Suzuki has dipped 1.39% this morning, followed by Cipla, NTPC, Kotak Mahindra Bank and Bharti Airtel.
11 out of the 13 sectors are trading firm in the morning trade. Oil & Gas and Realty has seen good momentum and is trading higher by 1%-1.35%. On the flip side, Consumer Durables and Auto are flat with a negative bias.
The Asian markets are currently trading firm. KOSPI is trading higher by 1.66% and Nikkei 225 is 0.79% higher at 11,463. Taiwan Weighted and Hang Seng are also in gains. Shanghai Composite is trading flat with a negative bias.
Buzzers: Reliance Industries (RIL) has surged up by 1.84%. The stock has registered a high of Rs 867.75 and a low of 856.60, and is now at Rs 864. RIL and BP plan a joint investment of over USD 5 billion over the next 3-5 years to boost declining output at a key natural gas field off India’s east coast.
Tech Mahindra has touched a fresh 52-week high on the NSE. The stock is trading higher by 2.38% along with a jump in volumes.
The Nifty is trading in a crucial zone of 5950-5970. If the index sustains above 5970, it can rally up to the 5990-6025 levels.
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.