Nifty Range-Bound Around 5750
Suparna / 02 Aug 2013
The Nifty is down by 9 points at 5718 and Sensex has dropped 12 points to trade at 19304. While most of the sectoral indices are trading lower, Consumer Durables and IT are in positives.
The Indian markets opened on a positive note, and the Nifty is hovering around the 5725 level. Currently, the Nifty is down by 9 points at 5718 and Sensex has dropped 12 points to trade at 19304. Both indices opened down in the range of 0.02%-0.09%.
The advance-decline ratio is negative in the morning session. On the NSE, 1395 shares are trading in gains and 1995 shares are down.
Top 5 Nifty Gainers: Ranbaxy Labs is the top gainer for the morning session, up by 4.6%. Among the other trading higher are ACC, IndusInd Bank, Ambuja Cements and Axis Bank.
Top 5 Nifty Losers: Power Grid Corp is down by 14.2%, followed by Jindal Steel, Bank of Baroda, Coal India and BPCL.
The sectoral indices are trading in on a mixed note. Metals were down by 228 points in the morning session, Auto dropped 92 points, Bankex was down 60 points and FMCG was 52 points lower. On the other hand, Consumer Durables and IT are in positives, up by 258 points and 115 points respectively.
The Asian shares are currently in the green zone. The Nikkei market is the top gainer so far, up by 460 points and Hang Seng has gained 108 points. The Taiwan and KOSPI markets are also in positives.
Buzzer: Wipro saw gains at opening and made a new high of Rs 450 in the morning. It has a major hurdle at Rs 450 for the next session. If the stock manages to cross this level, it may see a new 52-week high.
Nifty Futures is trading in a small range of 5740-5755. It could see move in either direction once it breaks one of these levels.
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.