Indices See Sideways Moves Today
Suparna / 10 Oct 2013
The Indian markets hovered around their opening range in today’s session, witnessing low volumes. The Nifty ended the day flat, up by 13 points at the 6020 level, while Sensex ended 23 points higher at 20272.
The Indian markets hovered around their opening range in today’s session, witnessing low volumes. The Nifty ended the day flat, up by 13 points at the 6020 level, while Sensex ended 23 points higher at 20272. Both the indices ended positive in the range of 0.12%-0.22%.
The advance-decline ratio was in positives. On the NSE, 1672 shares closed in green, while 1302 shares ended the day in red.
Top 5 Nifty Gainers: Tata Motors closed the day with the highest gains on the index, up by 4.9%. Ranbaxy Labs, NMDC, Lupin and Grasim were among the others that ended higher.
Top 5 Nifty Losers: Tata Power ended down by 2.4% today. Hindalco, Kotak Mahindra, HUL and HDFC Bank also closed in negatives.
Among the sectoral indices, Auto closed higher by 223 points. Metals and Health Care moved up by 43 points and 35 points respectively. Mid-Caps and Small-Caps also ended in green zone. Bankex was under some selling pressure, down by 45 points.
The scenario remained unchanged in the Asian markets too. Nikkei ended higher by 156 points and Hang Seng was down 82 points. Taiwan and Shanghai Composite also closed in the red zone.
Buzzer: NMDC moved up by 2.9%, making an intraday high of Rs 131.80 today and closing above the technical level of Rs 130. If the stock will continues with its current momentum, it may touch the Rs 145 level in the next few trading sessions.
Nifty Futures closed at the 6070 level. 6020-6050 will be a major support for tomorrow’s trades.
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