Sensex Nears 19K, Metals Gain 2.5%
Suparna / 02 Sep 2013
The Indian markets are continuing to trade in positives. The Nifty is currently trading up by 67 points at 5538 and Sensex has gained 250 points to move to 18870.
The Indian markets carried on with their upward movement mid-session. The Nifty is currently trading up by 67 points at 5538 and Sensex has gained 250 points to move to 18870. Both the indices have gained over 1.2%.
On the NSE, the advance-decline ratio is positive, with 1804 advances and 1506 declines.
Top 5 Nifty Gainers: JP Associates is leading the gainers lists so far, up by 6.5%. Others trading higher include Ranbaxy Labs, IndusInd Bank, Tata Steel and ITC.
Top 5 Nifty Losers: Kotak Mahindra Bank has dipped by 2.5%, followed by Mahindra & Mahindra, Tata Power, ACC and HDFC Bank.
All the sectors are also still in gains. FMCG is the top gainer, up by 220 points, the Metals index is 200 points higher, Oil & Gas has moved up by 144 points and Bankex by 100 points. Mid-Caps and Small-Caps are also in positives, trading higher by 57 points and 49 points respectively.
The Asian markets continue to trade in the green. The Hang Seng is up by 443 points, Nikkei has gained 184 points and Straits Times and Shanghai Composite are also in positives.
Buzzer: JP Associates opened strong this morning, made a high at Rs 35.55 and is trading near its major hurdle of Rs 36. If it closes above this technical level, we may see a good northbound move in the upcoming trading sessions.
We had mention in our last update that if Nifty Futures crosses the 5525 level, it may see more positive moves. Sure enough, it has continued to see an uptrend and has registered a high at 5568.
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.