Sensex Climbs 245 Points, Metals Shine
Suparna / 12 Aug 2013
The Indian markets saw a rally mid-session today. All the sectors are trading in the green zone, with Metals, FMCG and Healthcare pulling the indices higher. The Nifty is trading up by 72 points at 5639 and Sensex has gained 74 points to trade at 19044.
The Indian markets saw a rally mid-session today, with Metals, FMCG and Healthcare being the majors pulling the indices higher. The Nifty is trading up by 72 points at 5639 and Sensex has gained 74 points to trade at 19044. The indices are in a range of 1.3%-1.3%.
The advance-decline ratio is on the positive side. On the NSE, 1862 shares are in the green and 1435 shares are in red.
Top 5 Nifty Gainers: Tata Steel is leading the gainers list so far, up by 8.5%. Sun Pharma, NMDC, Jindal Steel and BHEL are also in gains.
Top 5 Nifty Losers: SBI is down by 2.4%, followed by Dr Reddy’s Labs, TCS, Tata Power and Axis Bank.
All the sectors are trading in the green zone. Metals was the top gainer, up by 341 points. Capital Goods were up by 203 points and FMCG was 131 points higher. Mid-Caps and Small-Caps were also both up by 90 points.
In the Asian markets, the Hang Seng has seen a good up-move, higher by 463 points. Straits Times and KOSPI are also trading positive. Nikkei is the top loser so far, down by 95 points.
Buzzer: Aurobindo Pharma is the outperformer for the day after the company announced a consolidated net profit of Rs 18.6 crore in Q1FY14. The scrip has moved up by 13.5% and is currently trading at Rs 184.
Nifty Futures has given a fresh breakout at the 5625 level. If it sustains above 5650, there is the possibility of a further up-move.
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