Benchmark Indices Trade in Green, Auto Index Up 1.5%
Suparna / 13 Aug 2013
The India markets have seen gap up opening in today’s session and has been able to sustain the morning gains. At present the Nifty and Sensex are up by 52 and 174 points to trade at 5664 and 19121 respectively.
The India markets have seen gap up opening in today’s session and has been able to sustain the morning gains. At present the Nifty and Sensex are up by 52 and 174 points to trade at 5664 and 19121 respectively. Both the indices opened up with a gain of around 1%.
The advance-decline ratio is tilted towards the positive side in the morning session. On the NSE, 1815 shares are trading in gains while 1472 shares are trading in red.
Top 5 Nifty Gainers: Axis Bank is the top gainer in today’s morning session up by 3.7% followed by M&M, IndusInd Bank, DLF and Lupin.
Top 5 Nifty Losers: Hindalco is the top loser in the morning session down by 3.8% followed by Ambuja Cement, Coal India, ONGC and Jindal Steel.
11 out of 13 sectors are trading in the green zone. Auto is the strongest gainer, trading higher by 203 points. This is followed by Bankex and IT, which have gained 182 points and 123 points respectively. In the broader markets, Mid-Caps and Small-Caps are both up in the range of about 44 points. However, Consumer Durables index is trading in the red, down by 42 points.
On the global front, the Asian markets are giving out positive vibes to trade in the positive zone. Nikkei is the top gainer in morning session, up by 347 points. The Hang Seng is trading higher by 251 points. Shanghai Composite and KOSPI also trade on positive note.
Buzzer: M&M opened on a positive note and broke the major hurdles around Rs 880. Going ahead if stock manage to cross Rs 900, may see more up move above this level.
Nifty Futures broke the 5650-5660 level with good volumes. We may see it trading above the 5700 level in today’s session.
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