Index Witnesses Flat Trade, Major Hurdles Ahead
Vinaya Patil / 09 Jul 2013
The India markets saw some flat trade after seeing positive trade in the morning trading session. The Nifty is trading at 5860 and Sensex is trading up at 19,415. Both the indices are trading up in the range of 0.84%-0.66%.
The India markets saw some flat trade after seeing positive trade in the morning trading session. The Nifty is trading at 5860, up by 48 points and Sensex is trading up by 127 points at 19,415. Both the indices are trading up in the range of 0.84%-0.66%.
The advance-decline ratio is on the positive side. On the NSE, 1782 shares are trading in the green and 1538 shares are in red.
Top 5 Nifty Gainers: Sun Pharma is leading the gainers’ list so far, up by 4.3%. Power Grid Corporation, Bank Of Baroda, Reliance Infra and BHEL are also in gains.
Top 5 Nifty Losers: Jindal Steel is trading lower by 1.6%, followed by JP Associates, HUL, M&M, ACC and Maruti Suzuki.
All the sectors are trading in green in the afternoon trading session. Healthcare is the top gainer, up by 149 points, followed by Bankex and Capital Goods, which are up by 142 points and 124 points respectively. Mid-Caps and Small-Caps are also trading on a positive note.
All the Asian markets are trading in a positive zone since the morning trading session. Nikkei is the top gainer of the day, up by 363 points. Hang Seng is up by 100 points. Shanghai and Taiwan indices are trading on a positive note.
Buzzers: IndusInd Bank was up by 2.5% from the morning trading session. The stock made a new high at Rs 506. If the scrip closes above Rs 505, we will see an upmove up to Rs 512.
The Nifty struggled around 5860. If it closes above 5890, it will be a positive scenario for the next trading session.
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