Markets Hold Morning Gains, FMCG Shines
Suparna / 23 Jul 2013
The Indian markets remained positive till closing. All the global and European markets were seen making a move up. The Nifty ended at 6077, up by 46 points. The Sensex closed at 20,302, up by 142 points.
The Indian markets remained positive till closing. All the global and European markets were seen making a move up. The Nifty ended at 6077, up by 46 points. The Sensex closed at 20,302, up by 142 points. The indices ended in gains, up by 0.76% and 0.71% respectively.
The advance–decline ratio ended on the positive side in the closing session. On the NSE, 1728 shares closed in green, while 1570 shares ended the day in red.
Top Nifty Gainers: Bank Of Baroda closed the day up by 5.2%, followed by Kotak Mahindra Bank, IDFC, HUL and DLF.
Top Nifty Losers: Asian Paints closed the day down by 2.1%, followed by Bharti Airtel, Lupin, Power Grid Corporation and Jindal Steel.
As many as 12 sectors ended in green today. Consumer Durables was the top gainer, up by 234 points, followed by Bankex and FMCG, which were up by 163 points and 113 points respectively. Metals was also up by 58 points.
The Asian markets closed on a positive note. The Hang Seng market closed as the top gainer, up by 496 points, followed by Nikkei (up by 120 points). The Taiwan and Shanghai Composite markets ended on a positive note too.
Buzzers: DLF ended 2.7% higher from yesterday’s closing and made a new high at Rs 177. The stock has continued its upmove of the last 2 days. If it trades above Rs 180, we may see an upmove for the next trading session.
The Nifty managed to close above the 6050 level. This is a good sign for the further trading sessions.
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