Indices Continue To Trade Positive
Suparna / 30 Oct 2013
The Indian markets are trading on a higher side after witnessed massive rally on yesterday’s session. Nifty is at the 6229 mark, up by 9 points, and the Sensex has moved up by 30 points to 20950. Both the indices are trading higher by 0.11%-0.14%.
The Indian markets are trading on a higher side after witnessed massive rally on yesterday’s session. Nifty is at the 6229 mark, up by 9 points, and the Sensex has moved up by 30 points to 20950. Both the indices are trading higher by 0.11%-0.14%. The key global indices are also trading in the green.
Top 5 Nifty Gainers: Bharti Airtel is the highest gainer so far, up by 2.6%. Among the other stocks trading higher are BHEL, Dr. Reddy’s Labs, Lupin and ICICI Bank.
Top 5 Nifty Losers: Ranbaxy Labs has dipped by 3.6% so far, followed by Wipro, M&M, Sesa Sterlite and Tata Motors.
Among the sectoral indices, Healthcare has moved up by 71 points so far. Bankex and FMCG indices are trading higher by 55 points and 30 points respectively. IT index has gained 20 points. Both Mid-Caps and Small-Caps are trading marginally in positive. However Auto and Metals indies saw some selling pressure down by 43 points and 29 points respectively.
The Asian markets are trading lower at this hour. Nikkei is the top loser, down by 62 points, while Hang Seng has lost 30 points. Taiwan Weighted and KOSPI are also in negatives.
Buzzer: Ranbaxy Labs is trading lower by 2.7% after the announcement disappointing Q2 numbers. The stock is below its psychological level of Rs 380. If the scrip remains below this level, it may touch Rs 360 by the closing session.
The Nifty Futures took support around 6200-6180 level. Going ahead major resistance level will be at 6255.
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