Nifty At Day’s Low, FMCG & Bankex Down
Vinaya Patil / 29 Jul 2013
The India markets witnessed selling in the afternoon session after seeing a fall in the global markets. The Nifty is trading at 5832 and Sensex is trading down at 19,595. The indices are trading in a negative range of 0.92%-0.77%.
The India markets witnessed selling in the afternoon session after seeing a fall in the global markets. The Nifty is trading at 5832, down by 52 points and Sensex is trading down by 153 points at 19,595. The indices are trading in a negative range of 0.92%-0.77%.
The advance-decline ratio is on the negative side. On the NSE, 1329 shares are trading in green and 1976 shares are in red.
Top Nifty Gainers: Jindal Steel is leading the gainers’ list so far, up by 3.1%, followed by Sun Pharma, Tata Motors, NTPC and Hero MotoCorp.
Top Nifty Losers: Hindalco is leading the losers’ list so far, down by 4.98%, followed by Sesa Goa, HUL, Ambuja Cement and BPCL.
On the sectoral front, 11 of the 13 sectors are trading in red in the afternoon trading session. FMCG was the top loser, down by 204 points, followed by Bankex and Oil & Gas, which were down by 128 points and 108 points respectively. Metals was witnessed a selling pressure, down by 105 points. Mid-Caps and Small-Caps were down by 70 points and 30 points respectively.
All the Asian markets are trading on a mixed note since the morning trading session. Nikkei is the top loser of the day, down by 468 points. However, Hang Seng is down by 118 points, while Shanghai Composite and Taiwan markets were trading on a negative note.
Buzzers: Hindalco witnessed a continous fall from the last 3 days. Today, the stock was down by 5% and made a low of Rs 90.30. If it breaks its 52-week low, which is at Rs 86.90, it may see a downfall up to Rs 83.
Nifty has a vital support around the 5870 level. If it sustains this level, we may see a closing above 5800.
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.