Markets Open Positive, Small-Caps Up 1%
Suparna / 09 Jul 2013

The Indian markets opened higher this morning. The Nifty opened with a positive bias of 36 points at 5848 and Sensex was up 98 points at 19422. The global markets also saw buying.
The Indian markets opened higher this morning. The Nifty opened with a positive bias of 36 points at 5848 and Sensex was up 98 points at 19422. Both indices opened up in the range of 0.51%-0.61%. The global markets also saw buying.
The advance-decline ratio is positive as of now. On the NSE, 1914 shares are trading in gains and 1402 shares are down.
Top 5 Nifty Gainers: IndusInd Bank is the top gainer so far, up by 2.6%. Bajaj Auto, Bank Baroda, Sun Pharma and HDFC Bank are also trading higher.
Top 5 Nifty Losers: Maruti Suzuki is the top loser this morning, trading down by 1.3%, followed by HUL, ACC, Bharti Airtel and Tata Motors.
All the 13 sectoral indices are trading in the green zone. Bankex is the top gainer, up by 126 points. Capital Goods has gained 116 points and Healthcare is also up 80 points. Small-Caps are looking more positive than Mid-caps on today’s morning session.
The Asian shares are in gains. The Nikkei market is the top gainer, up by 354 points and the Hang Seng market
is up 109 points. Shanghai Composite and KOSPI markets are also in positives.
Buzzers: Bajaj Auto has opened the day higher by 2.2%. The scrip crossed its major hurdle of Rs 1900 on opening. If it manages to break today’s high of Rs 1915, it may touch Rs 1928 ahead.
The Nifty is consolidating around 5860-5870. If the index breaks the 5875 level, it may touch 5900 on a closing basis.
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