Trades Remain Range-Bound, Consumer Durables Up 1.9%
Suparna / 10 Jul 2013
The Indian markets are continuing to trade in a similar range as was seen in morning trades. The Nifty is trading 1 point higher at 5858 and Sensex is down by 22 points at 19415.
The Indian markets are continuing to trade in a similar range as was seen in morning trades. The Nifty is trading 1 point higher at 5858 and Sensex is down by 22 points at 19415. The indices are trading in the wide range of 0.01%-0.11%.
The advance-decline ratio remains positive. On the NSE, 1744 shares are trading in the green and 1556 shares are in the red.
Top 5 Nifty Gainers: Lupin is leading the gainers list so far, up by 3.3%. Kotak Mahindra Bank, NMDC, UltraTech Cement and JP Associates are also in gains.
Top 5 Nifty Losers: HUL is trading lower by 1.8%, followed by BPCL, Tata Steel, Tata Motors and Cairn India.
7 of the 13 sectoral indices are trading higher in the afternoon session. Consumer Durables is the top gainer, up by 122 points, Heathcare has gained 62 points and Bankex is up 54 points. Mid-Caps and Small-Caps are also in positives.
The Asian markets are trading on a mixed note. While the Nikkei is down by 56 points, the Hang Seng has 
gained 221 points. Shanghai Composite and Taiwan are in positives.
Buzzers: Lupin opened the day’s trades higher. The scrip crossed a major hurdle at Rs 860, and rose by 3.1% to touch Rs 862. If it continues with these volumes, it may see the Rs 865 level on a closing basis.
The Nifty is continuing its struggle around 5870. If it closes above the 5890 level, this will be a positive for the index ahead.
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