Markets Open With Nominal Gains, Nifty Around 6000
Vinaya Patil / 17 Jul 2013
The Indian markets opened positive in the morning trading session. The Nifty opened with a positive bias of 23 points at 5979 and Sensex was up by 90 points at 19,940. Both the indices opened up in the range of 0.46%-0.48%.
The Indian markets opened positive in the morning trading session. The Nifty opened with a positive bias of 23 points at 5979 and Sensex was up by 90 points at 19,940. Both the indices opened up in the range of 0.46%-0.48%.
The advance-decline ratio is positive in the morning session. On the NSE, 1764 shares are trading in gains and 1523 shares are down.
Top Nifty Gainers: Asian Paints is the top gainer for today’s morning session, up by 2.3%, followed by Ambuja Cement, Dr Reddy’s Labs, Reliance Infra and TCS.
Top Nifty Losers: Axis Bank is the top loser for today’s morning session, down by 2.1%, followed by Tata Motors, Ranbaxy Labs, IndusInd Bank and Tata Steel.
Out of the 13 sectors, 9 are trading in the green zone. Capital Goods is the top gainer, trading up by 97 points, followed by Consumer Durables and FMCG, up by 90 points and 87 points respectively. The IT sector is also up by 76 points.
Mid-Caps and Small-Caps were both up in the range of 40 points in today’s morning session. However, Bankex was down by 100 points.
On the global front, the Asian shares are trading with a mixed sentiment. The Hang Seng market is the top gainer this morning, up by 79 points. However, the Nikkei market is trading on a weak note, down by 20 points, followed by Shanghai Composite and Taiwan Weighted.
Buzzers: Reliance Industries is one of the biggest heavyweights in the market, up by 1.1% from the opening session. The stock broke its major resistance at Rs 910 and made a new high at Rs 913.90.
Nifty traded around the major psychological level of 6000. Going ahead, 6020-6040 are the important hurdles for Nifty.
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