IT Sparkles Amidst Listless Trades
DSIJ Intelligence / 22 May 2013
The Indian markets continued to remain range-bound in the afternoon trading session, led by gains in IT and Banking stocks. The nifty is trading up by 15 points at 6129 and Sensex is 62 points higher at 20,174.
The Indian markets continued to remain range-bound in the afternoon trading session, led by gains in IT and Banking stocks. The nifty is trading up by 15 points at 6129 and Sensex is 62 points higher at 20,174.
The advance-decline is on the negative side as of now. On the NSE, 644 shares are trading in the red and 579 shares are in green.
Top 5 Nifty Gainers: Dr Reddy’s is the top gainer, trading up by 2.28%. Sun Pharma, Bharti Airtel, Coal India and Jindal Steel & Power are the others on a high note.
Top 5 Nifty Losers: BPCL is trading down by 3.82%, followed by DLF, Jaiprakash Associates, Ranbaxy and GAIL.
Most of the sectors are trading in the green. TECk, FMGC and IT are up in the range of 0.71%-0.93%. Realty and Oil & Gas, though, are in negatives.
Most of Asian markets are trading in the green. The Nikkei 225 is trading up by 1.58%, and KOSPI, Straits Times and Taiwan Weighted are also positive. Hang Seng and Shanghai Composite are lower in the range of 0.30%-0.64%.
Buzzers: Dr Reddy’s Labs is trading higher by 2.23% at Rs 2068. The stock opened at Rs 2026 and made a high of Rs 2073.40 on the NSE. It is trending up along with a rise in volumes.
BPCL has slipped down by 5.15% to Rs 381 on the back of heavy volumes. The stock opened at Rs 403.75 on the NSE. In the last hour of trade, it has witnessed heavy selling.
The Nifty is trading in a tight range of 20 points. If it breaks the 6120 levels on the lower side, it can slide down to 6090.
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.