Nifty Loses Mid-Market Gains, Closes Around 5600
Vinaya Patil / 25 Jun 2013
The Indian markets saw volatile trades throughout the day. The index witnessed a pullback in the mid-market trading session. Nifty closed the day at 5609 and Sensex closed at 18,603. Both the indices ended in green by 0.34% and 0.34% respectively.
The Indian markets saw volatile trades throughout the day. The index witnessed a pullback in the mid-market trading session. Nifty was up by 18 points to close the day at 5609 and Sensex closed at 18,603, up by 62 points. Both the indices ended in green by 0.34% and 0.34% respectively.
The advance–decline ratio ended on the negative side at the end of day. On the NSE, 532 shares closed in green, while 808 shares ended the day in red.
Top 5 Nifty Gainers: ONGC closed the day with gains of 4.3% as the top Nifty gainer, followed by Bharti Airtel, IndusInd Bank, Kotak Mahindra Bank and M&M.
Top 5 Nifty Losers: Cairn India ended the day as the top Nifty loser, down by 3.2%, followed by Lupin, NTPC, Power Grid and NMDC.
In the sectoral pack, 6 out of the 13 sectors ended on a positive note. Oil & Gas was the top gainer, up by 125 points, Capital Goods and Auto were up by points 59 and 53 points respectively, while Healthcare and Consumer Durables were down by 47 points and 43 points correspondingly. Metals also ended on a negative note, down by 39 points.
The Asian markets closed on a mixed note. Nikkei was the top loser, down by 93 points. Hang Seng ended on a positive note, up by 15 points, while Shanghai Composite, Straits Times, and Taiwan indices ended on a negative note.
Buzzers: ONGC is leading the indices as it is up 4.5 % on the Mozambique deal with Videocon. The stock made an intraday high at Rs 314.50.
As we had mentioned in our last update, the Nifty managed to close above 5600. We hope that it witnesses a recovery from this level.
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