Indices Trim Morning Losses, Metals Rise 3%
Suparna / 20 Aug 2013
The Indian markets recovered from the lower end in the mid-market session, with Metals and Banking stocks contributing majorly. The Nifty index is 5365 points lower and Sensex is down by 169 points at 18137.
The Indian markets recovered from the lower end in the mid-market session, with Metals and Banking stocks contributing majorly. The Nifty index is 5365 points lower and Sensex is down by 169 points at 18137. Both indices are trading down by 0.91%.
The advance-decline ratio is on the negative side. On the NSE, 1537 shares are in the green and 1828 shares are in red.
Top 5 Nifty Gainers: Sesa Goa is leading the gainers list so far, up by 12.5%. JP Associates, Tata Steel, DLF and Kotak Mahindra Bank are among the others trading higher.
Top 5 Nifty Losers: ONGC is down by 4.9%, followed by Tata Motors, HCL Tech, Lupin and ACC.
Among the sectoral indices, Auto and Consumer Durables are the top losers, down by 243 points and 199 points respectively. Heathcare has lost 150 points and IT is 106 points lower. Mid-Caps has lost 45 points and Small-Caps are down by 3 points.
In the Asian markets, Hang Seng is the top loser, down by 493 points. Nikkei has also fallen by 361 points. Straits Times and KOSPI are trading on a negative note.
Buzzer: With the legal hurdles involve in the stake sale cleared, Hind Zinc has surged by 9% on the bourses and made a new high at Rs 119.25.
The USDINR has made a new 52-week low at 64.22. It is currently trading around the 63.50 mark.
Nifty Futures has recovered some of its losses and crossed 5380, indicating some short-term positive trades if it sustains above this level.
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