Nifty Makes A New High, Realty Shines
Vinaya Patil / 15 May 2013
The India markets have reached a near day’s high in the afternoon trading session led by strong buying among the financials and auto stocks. Nifty is trading at its highest levels since January 5, 2011. It is trading up at 6111 and Sensex is trading up at 20,101.
The India markets have reached a near day’s high in the afternoon trading session led by strong buying among the financials and auto stocks. Nifty is trading at its highest levels since January 5, 2011. In the afternoon trading session at 12:30 PM, the Nifty is trading up by 116.70 points at 6111 and Sensex is trading up by 376 points at 20,101.
The advance-decline is on a positive side in the afternoon trading session. On the NSE, 863 shares are trading in green and 366 shares are trading in red.
Top 5 NSE Gainers: Punjab National Bank is the top gainer on the NSE, trading up by 5.03%, followed by DLF, IDFC, HDFC and Jai Prakash Associates.
Top NSE Losers: HCL Technologies is trading down by 0.11% and is among the top losers on the NSE, followed by Ambuja Cement trading lower by 0.08%.
On the sectoral front, all the sectors are trading in green in the afternoon trading session. Realty, Auto, Bankex and Capital Goods are trading higher in the range of 2.12%-3.10%.
On the global front, the Asian markets are trading in green. Japan’s Nikkei 225 surged to a new high is and is trading up by 2.24% at 15,096, followed by Taiwan Weighted, Hang Seng, Shanghai Composite and KOSPI.
Buzzers: IVRCL surged by 5% to Rs 20.35 after the company announced that its various divisions have bagged fresh orders amounting to Rs 639 crore.
SBI is trading near its day’s high. The stock is trading up by 3.36% on hopes of a rate cut in the next monetary policy. It opened at Rs 2310 and made a high of Rs 2375 in today’s trading session.
Nifty going ahead will face resistance around 6125-6130 zone. Support for nifty will come in at 6090.
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