Bulls Party, Bankex Up 2.3%
Vinaya Patil / 11 Jul 2013
The Indian markets opened gap-up in the morning trading session after witnessing positive moves in the global markets. The rupee also saw an upmove yesterday during closing. The Nifty opened with a positive bias at 5922 and Sensex was up at 19,631. Both the indices opened up in the range of 1.75%-1.81%.
The Indian markets opened gap-up in the morning trading session after witnessing positive moves in the global markets. The rupee also saw an upmove yesterday during closing. The Nifty opened with a positive bias of 104 points at 5922 and Sensex was up by 336 points at 19,631. Both the indices opened up in the range of 1.75%-1.81%.
The advance-decline ratio is positive in the morning session. On the NSE, 1996 shares are trading in gains and 1332 shares are down.
Top 5 Nifty Gainers: Sesa Goa is the top gainer for today’s morning session, up by 3.9%, followed by Hindalco, Coal India, Bank of Baroda and Axis Bank.
Top Nifty Losers: Ranbaxy Labs is the only loser for today’s morning session, down by 0.04%.
Out of the 13 sectors, 12 are trading in a green zone. Bankex is the top gainer, trading up by 335 points. Metals and Capital Goods are also up by 214 points and 191 points respectively. Oil & Gas and Heathcare are also trading up. Mid-caps and Small- Caps are up in the range of 60 points this morning.
On the global front, the Asian shares are trading with a positive sentiment. The Hang Seng market is the top gainer for today’s morning session, up by 534 points. The Nikkei market is up by 44 points for today’s morning session, while Shanghai Composite and Taiwan markets are also trading on a positive note.
Buzzers: Sesa Goa opened on a positive note, up by 4.6%. The scrip broke its major support at Rs 135. If it breaks today’s high at Rs 148, it may touch Rs 153 in the further trading sessions.
USD/INR made an intraday low at Rs 59.4325. It broke the psychological level of 59.50 in the morning session.
Nifty broke all major hurdles at 5920- 5940. If it holds these levels, it will be a positive sign for the further session.
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