Markets Open Flat With A Positive Bias, RCom Up 4%
Vinaya Patil / 01 Jul 2013
The Indian markets have opened flat in the morning trading session. The global markets are seen trading on a mixed note this morning. The Nifty opened with a positive bias at 5852 and Sensex was up at 19,430. Both the indices opened up in the range of 0.18%-0.19%.
The Indian markets have opened flat in the morning trading session. The global markets are seen trading on a mixed note this morning. The Nifty opened with a positive bias of 10 points at 5852 and Sensex was up by 36 points at 19,430. Both the indices opened up in the range of 0.18%-0.19%.
The advance-decline ratio is on the positive side in the morning session. On the NSE, 936 shares are trading in gains and 421 shares are down.
Top 5 Nifty Gainers: Ranbaxy Labs is the top gainer for today’s session, up by 3.3%, followed by BHEL, IndusInd Bank, L & T and Jindal Steel.
Top 5 Nifty Losers: TCS is the top loser this morning, trading down by 1.7%, followed by Infosys, Bajaj Auto, ICICI Bank, and HCL Tech.
On the sectoral front, 10 out of the 13 sectors are trading in the green zone. Capital Goods is the top gainer, trading up by 164 points. Oil & Gas and Mid-Caps are also up by 62 points and 59 points respectively. Bankex and Small- Caps are trading on a positive note.
On the global front, the Asian shares are trading with a mixed sentiment. The Hang Seng market is the top gainer for today’s session, up by 363 points. Nikkei is up by 143 points while Taiwan and KOSPI are trading on a negative note.
Buzzers: RCom opened with a positive sentiment, up by 5.2%. The stock made a new high at Rs 124.80 and broke its support level at Rs 120. If it breaks this level, we will see an up to move up to Rs 128.
Nifty faces major hurdles between 5865-5880. If it crossed these levels, we may see the level of 5920.
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