Nifty Dips 75 Points, Bankex Down 4.6%
Suparna / 16 Jul 2013
After seeing a gap-down opening today, the Nifty struggled around 5950 mid-session and is lower by 82 points at 5948. The Sensex has dropped 209 points and is at 19825. Among the sectoral indices, Bankex is sharply down by 610 points.
After seeing a gap-down opening today, the Nifty struggled around 5950 mid-session and is trading down by 82 points at 5948. The Sensex has dropped 209 points and is at 19825. The indices are trading negative in a range of 1.37%-1.03%.
The advance-decline ratio is on the negative side. On the NSE, 1265 shares are trading in the green and 2052 shares are in red.
Top 5 Nifty Gainers: Bharti Airtel is leading the gainers list, up by 2.3%. BPCL, ITC, Ambuja Cements and ONGC are also in gains.
Top 5 Nifty Losers: IndusInd Bank is trading lower by 8.1%, followed by IDFC, DLF, JP Associates and Kotak Mahindra Bank.
9 of the 13 sectoral indices are trading in losses as of now. Bankex is the top loser, down by 610 points, Capital Goods has dipped by 200 points and Metals are127 points lower. Mid-Caps and Small-Caps are also in negatives, down by 80 points and 40 points respectively.
The Asian markets are seeing mixed trades. The Nikkei is the top gainer for the day, up by 92 points and the Hang Seng has gained 9 points. Straits Times and Taiwan Weighted, though, are in negatives.
Buzzer: Swiss cement manufacturer Holcim plans to carry out a substantial restructuring of its Indian operations, which could include a merger of Ambuja Cements, in which it holds a stake. Ambuja Cements’ scrip is up by 1.3% at Rs 200.
If the Nifty sustains above 5960 by closing, it may see the 6000 level in the next trading session.
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.