Markets Recover, Nifty Closes Above 5800
Suparna / 19 Jun 2013
The Indian markets saw a negative opening in the morning session, saw range bound trading in the mid-session and managed to close on a positive note. The Nifty was up by 9 points to close the day at 5822 and the Sensex closed at 19,240 up by 22 points.
The Indian markets saw a negative opening in the morning session, saw range bound trading in the mid-session and managed to close on a positive note. The Nifty was up by 9 points to close the day at 5822 and the Sensex closed at 19,240, up by 22 points. Both the indices ended in green by 0.15% and 0.12% respectively.
The advance–decline ratio was balanced at the end of day. On the NSE, 716 shares closed in green, while 643 shares ended the day in red.
Top 5 Nifty Gainers: Hindalco closed the day with gains of 2.9% as the top Nifty gainer, followed by Sesa Goa, Bharti Airtel, Ambuja Cement and Jindal Steel.
Top 5 Nifty Losers: Tata Motors ended the day as the top Nifty loser, down by 1.8%, followed by UltraTech Cement, Dr Reddy’s Labs, NTPC and Coal India.
In the sectoral pack, 8 out of the 13 sectors ended on a positive note. Consumer Durables is the top gainer, up by 129 points, Metals and Oil & Gas are up by 102 points and 47 points respectively, Mid-Caps and Small-Caps are up by 32 points and 29 points correspondingly. Bankex also ended on a positive note.
The Asian markets closed on a mixed note. Nikkei closed up by 237 points. Hang Seng ended on a negative note, down by 238 points, while Shanghai Composite, Straits Times, and Taiwan indices ended on a negative note.
Buzzers: IDFC , the infrastructure finance company, had on Tuesday decided to apply for a new banking license and is all prepared to meet the RBI’s norms relating to new banking licenses, “the most important step being the creation of a non-operating holding finance company (NOHFC)”, says Vikram Limaye, MD & CEO of IDFC. The stock made a high at Rs 147.65 today.
Since the last few days, Nifty has been managing to close above the 5800 level. This level is a strong support for the Nifty.
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.