Sensex Holds Morning Gains, IT Index Up 1.8%
Suparna / 14 Oct 2013
The Nifty has managed to hold its gains of 16 points to trade at 6112 and Sensex has moved up 74 points to 20603. The IT index continues to surge and make new intraday highs.
The Indian markets have seen flat, positive trades so far today. The IT index continues to surge and make new intraday highs. The Nifty has managed to hold its gains of 16 points to trade at 6112 and Sensex has moved up 74 points to 20603. The indices are trading higher between 0.30%-0.36%.
The advance-decline ratio continues to remain positive. On the NSE, 1630 shares are in the green and 1396 shares are in red.
Top 5 Nifty Gainers: TCS is leading the gainers list so far, up by 3.5%. Other stocks trading higher include Wipro, Ambuja Cements, ACC and Axis Bank.
Top 5 Nifty Losers: Asian Paints is leading the losers list, dipping by 2.67, followed by Hindalco, BHEL, Tata Steel and GAIL.
Among the sectoral indices, IT has shot up by 166 points, Bankex and Auto have gained more than 50 points each, and Oil & Gas is trading 35 points higher. The Mid-Cap and Small-Cap indices have moved up by 44 points and 40 points respectively. Metal has moved down by 21 points and Capital Goods is trading 18 points lower.
The scenario has remained pretty much the same in the Asian markets since the morning session. The KOSPI, Straits Times and Taiwan indices are all nominally in negatives.
Buzzer: Wipro has surged by around 2.9%. The stock is trading above its major hurdle of Rs 500 and may continue with its upward journey if it closes above this level.
Nifty Futures is hovering around 6130. The closing level will decide its further movement.
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