Range Bound Trades For The Morning Session
Suparna / 06 Sep 2013
After witnessing heavy buying in couple of sessions the India markets seems to take some breathe in trade this morning. The Nifty trades on a flat note at 5593 and the Sensex up by mere 12 points to trade at 18990.
After witnessing heavy buying in couple of sessions the India markets seems to take some breathe in trade this morning. The Nifty trades on a flat note at 5593 and the Sensex up by mere 12 points to trade at 18990.
The advance-decline ratio is the positive side at morning session today. On the NSE, 1799 shares are trading in gains and 1514 shares are down.
Top Nifty Gainers: ICICI Bank is the top gainer for today’s morning session which is up by 3.73%. It is followed by Power Grid Corporation, Cipla, Asian Paints and Bharti Airtel.
Top Nifty Losers: Coal India is the top loser for today’s morning session and is trading lower by 4.1%. It is followed by UltraTech Cements, Mahindra & Mahindra, Bank of Baroda and Tata power.
On the sectoral front, 7 out of 13 sectors trading in green. Healthcare is the top gainer this morning which is trading higher by 133 points. It was followed by Capital Goods and Bankex, which were up by 90 points and 65 points respectively. IT is also up by 41 points. Mid-Caps and Small-Caps are trading up by 30 points each in this morning session.
On the global front Asian markets are giving out mixed cues. Hang Seng is showing strength up by 53 points. Nikkei is down by 187 points. KOSPI and the Taiwan were trading with a nominal positive bias.
Buzzers: ICICI Bank is up by 4.4% at Rs 933. The stock having a major hurdle at Rs 950, if crossed we may see more up move.The Nifty Future is trading in small range major resistance at 5630-5650 level.
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