Sensex Trading Weak
Suparna / 25 Oct 2013
The Indian markets continued to see selling pressure in mid-session. The Nifty is down by 26 points at 6139 and Sensex has moved 55 points lower to 20670. All the global markets are also trading in the red.
The Indian markets continued to see selling pressure in mid-session. The Nifty is down by 26 points at 6139 and Sensex has moved 55 points lower to 20670. The indices are trading lower between 0.24%-0.37%. All the global markets are also trading in the red.
The advance-decline ratio is in the negatives as of now. On the NSE, 1386 shares are in the green and 1752 shares are in red.
Top 5 Nifty Gainers: HCL Tech is leading the gainers list so far, up by 1.7%. Other stocks trading higher include TCS, Power Grid, Maruti Suzuki and NTPC.
Top 5 Nifty Losers: Hindalco is leading the loser list so far, down by 4.3%, followed by NMDC, DLF, Tata Steel and BPCL.
Most of the sectoral indices have moved into the negative zone. Capital Goods has lost 167 points, Metals have dipped by 147 points and Auto is 133 points lower. The Mid-Cap and Small-Cap indices also have moved down by around 20 points each.
The Asian markets have also remained lower. The Nikkei is down by 398 points, followed by Hang Seng, Taiwan Weighted and KOSPI.
Buzzer: Hindalco has fallen by around 4%. The stock is trading below its major support of Rs 109. If it closes below this level, it may continue with the current trend.
Nifty Futures is hovering around the opening level, and may see big moves in the closing session.
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