Nifty Stuck Around 6200, Tata Power Up By 2.5%
Suparna / 22 Oct 2013
The Indian markets saw low volume on second consecutive day. Most of the sectors witnessed trade in small range in today’s session. The Nifty ended on a flattish note, down by 2 points at the 6202 level, while Sensex ended 28 points lower at 20864.
The Indian markets saw low volume on second consecutive day. Most of the sectors witnessed trade in small range in today’s session. The Nifty ended on a flattish note, down by 2 points at the 6202 level, while Sensex ended 28 points lower at 20864.
The advance-decline ratio was in positives. On the NSE, 1791 shares closed in green, while 1355 shares ended the day in red.
Top Nifty Gainers: Tata Power closed the day with the highest gains on the index, up by 2.5%.Power Grid Corp, HCL Tech, Axis Bank and GAIL were among the others that ended higher.
Top Nifty Losers: Hindalco closed the day down by 1.6%. Hero MotoCorp, Ranbaxy Labs, DLF and M&M are the others.
Among the sectoral indices, most of the sectors were managed to close in the green, Capital Goods index is the outperformer today up by 96 points. IT and Bankex moved up by 42 points and 23 points respectively. Healthcare and Metals indices also saw small up move. Mid-Caps and Small-Caps ended in green zone. However the sectors like Auto and Consumer Durables ended on negative note down by 67 points and 51 points respectively.
The scenario remained unchanged in the Asian markets too. Hang Seng ended higher by 122 points and Shanghai Composite index was down by 18 points. However Nikkei and Straits time closed in the green zone up around 15 points each.
Buzzer: Tata Power one of the largest power industry in the India surges 2.5% today. It broke all the major hurdles and closed above the technical level of Rs 82. If sustain above this level may see more positive trade in next few days.
Nifty Futures took support 6180 level on the other hand its stuck around 6230 level. Tomorrow’s opening may decide further direction.
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.