Sensex Down 150 Points, Auto Dips 1.5%
Vinaya Patil / 13 Jun 2013
The Indian markets have been opening on a negative note for the last 4 days. The Nifty opened lower by 42 points at 5717 today and Sensex was 163 points down at 18,870. Both the indices opened lower in the range of 0.57%-0.70%.
The Indian markets have been opening on a negative note for the last 4 days. The Nifty opened lower by 42 points at 5717 today and Sensex was 163 points down at 18,870. Both the indices opened lower in the range of 0.57%-0.70%.
The advance-decline ratio is negative in the morning session. On the NSE, 360 shares are trading in gains and 940 shares are down.
Top 5 Nifty Gainers: Bharti Airtel is the top Nifty gainer so far, up by 2.3%, followed by Ranbaxy Labs, SBI, Axis Bank and Hindalco.
Top 5 Nifty Losers: PNB is the top loser this morning, trading down by 2.8%, followed by Tata Motors, Bank of Baroda, Sun Pharma and Jindal Steel.
Twelve out of 13 sectors are trading in the red zone. Auto is the top loser, trading down by 164 points. Banks and FMCG are also down by 72 points and 68 points. Healthcare and IT are losers down by 70 points and 65 points.
On the global front, the Asian shares are trading with a negative sentiment. The Nikkei market is the top loser for today’s session, down by 598 points. Hang Seng is down by 572 points, Taiwan is down by 145 points, as KOSPI, and Shanghai are also trading on a negative note.
Buzzers: Sun Phamra opened with some negative sentiment and crashed by 3.2%. The stock reached a low at Rs 915.70. It broke its stiff support in the morning session at Rs 925. If it breaks this level, we will see a down-move up to Rs 700 for the further trading sessions.
Nifty broke its strong support at the 5740 level. We may see a move up to the 5670 level for the further trading session.
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