Markets Sluggish At Closing, Oil & Gas Up 1.4%
Suparna / 05 Jul 2013
The Indian markets saw a gap-up opening in today’s trading session and saw low volumes in the afternoon. The Nifty, however, closed on a positive note, up by 30 points at 5867. Sensex closed at 19,495, up by 85 points.
The Indian markets saw a gap-up opening in today’s trading session and saw low volumes in the afternoon. The Nifty, however, closed on a positive note, up by 30 points at 5867. Sensex closed at 19,495, up by 85 points. Both the indices ended in green by 0.53% and 0.44% respectively.
The advance–decline ratio was balanced at the closing. On the NSE, 1661 shares closed in green, while 1645 shares ended the day in red.
Top 5 Nifty Gainers: IDFC closed the day with gains of 4.17% as the top Nifty gainer, followed by JP Associates, Jindal Steel, NMDC and Asian Paints.
Top 5 Nifty Losers: GAIL ended the day as the top Nifty loser, down by 2.1%, followed by Lupin, Bharti Airtel, ICICI Bank and M&M.
In the sectoral pack, 11 out of the 13 sectors ended on a positive note. Oil & gas is the top gainer, up by 130 points, FMCG and Bankex are up by 60 points and 53 points respectively, while Metals and Capital Goods are up by 46 points and 44 points correspondingly. Mid-Caps and Small-Caps also closed on a positive note.
The Asian markets closed on a mixed note. Hang Seng closed as the top gainer, up by 386 points. However, Nikkei closed on a positive note, up by 291 points. Shanghai Composite and Straits Times ended on a positive note too.
Buzzers: Wockhardt Pharma tumbled down by 8% in the closing session. The stock made a new low at Rs 895.10.
In the oil & gas sector,ONGC and Reliance were up by more than 2%.
The Nifty managed to cross 5900, but could not sustain above this level. The level of 5910 will be a major hurdle for the next trading session.
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