Sensex Near 19500, Ranbaxy Up 6%
Suparna / 01 Oct 2013
The Indian markets have continued in positives after the morning trades. The Bankex and Auto indices managed to make gains in mid-session. The Nifty is trading up by 30 points at 5765 and Sensex has moved up 106 points to 19490.
The Indian markets continued in positives after the morning trades. The Bankex and Auto indices managed to make gains in mid-session. The Nifty is trading up by 30 points at 5765 and Sensex has moved up 106 points to 19490. The indices are trading higher between 0.45%-0.50%.
The advance-decline ratio has turned into positives. On the NSE, 1194 shares are in the green and 904 shares are in red.
Top 5 Nifty Gainers: DLF is leading the gainers list so far, up by 5.8%. Ranbaxy, BHEL, IndusInd Bank and Axis Bank are also trading higher.
Top 5 Nifty Losers: Tata Power has dipped by 3.2%, followed by BPCL, Sesa Goa, NTPC and ONGC.
The sectoral indices remain in positives. Bankex is the top gainer, moving up by 209 points. Capital Goods and Auto have gained 80 points each and Health Care is up by 20 points. Mid-Caps and Small-Caps have moved up by 30 points and 25 points respectively. Metals and Oil & gas were in negatives, moving down by 45 points and 30 points respectively.
In the Asian markets, the Nikkei markets are up 28 points so far, and Taiwan and Straits Times remain in the green zone.
Buzzer: The shares of Ranbaxy are trading around their major hurdle at Rs 350. If they close above this level, they may move higher in further trading sessions.
Nifty Futures is trading above the 5820 level. If it breaks today’s intraday high, it may close above 5850.
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