Markets Directionless, Trading On A Flat Note
Vinaya Patil / 10 Jul 2013
The Indian markets opened flat with a positive bias in the morning trading session. The market volume is low in the opening session. The Nifty opened with a positive bias at 5865 and Sensex was up at 19,445. Both the indices opened up in the range of 0.11%-0.04%.
The Indian markets opened flat with a positive bias in the morning trading session. The market volume is low in the opening session. The Nifty opened with a positive bias of 5 points at 5865 and Sensex was up by 5 points at 19,445. Both the indices opened up in the range of 0.11%-0.04%.
The advance-decline ratio is positive in the morning session. On the NSE, 1714 shares are trading in gains and 1570 shares are down.
Top 5 Nifty Gainers: Lupin is the top gainer for today’s opening session, up by 2.06%, followed by UltraTech Cement, Kotak Mahindra Bank, JP Associates and NMDC.
Top 5 Nifty Losers: Tata Steel is the top loser for today’s opening session, down by 1.9%, followed by BPCL, Cairn India, Tata Motors and Jindal Steel.
Among the 13 sectors, 8 are trading in the green zone. Consumer Durables is the top gainer, trading up by 131 points. Bankex and Healthcare are also up by 47 points and 42 points respectively. Mid-caps and Small-Caps are up in the range of 20 points in today’s morning session. However, Auto and Metals are losers in the morning trading session, down by 71 points and 61 points correspondingly.
On the global front, the Asian shares are trading with a mixed sentiment. The Nikkei market is the top loser for today’s morning session, down by 151 points. The Hang Seng market is down by 5 points. However, Shanghai Composite and Taiwan markets are trading on a positive note.
Buzzers: Tata Motors opened on a negative note, down by 1.6%. The scrip broke its major support as it opened at Rs 285. If it breaks today’s low at Rs 284, it may touch Rs 278 in the further trading sessions.
Nifty consolidated around 5850-5870. A major hurdle for it will be 5895-5910.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.