Sensex Below 21K, Bankex 1% Lower
Suparna / 06 Nov 2013
The markets saw some selling pressure in mid-session today. Most of the downside was seen in the Banking index, which has lost over 1%. At present, the Nifty is down by 17 points at 6235 and Sensex has moved 35 points lower to 20938.
The markets saw some selling pressure in mid-session today. Most of the downside was seen in the Banking index, which has lost over 1%. At present, the Nifty is down by 17 points at 6235 and Sensex has moved 35 points lower to 20938. The indices are trading lower between 0.17%-0.28%.
The advance-decline ratio remains on the positive side. On the NSE, 1694 shares are in the green and 1534 shares are trading in the red.
Top 5 Nifty Gainers: NTPC is leading the gainers list, trading up by 3.7%. Other stocks trading higher include TCS, Sun Pharma, Ranbaxy Labs and Tata Power.
Top 5 Nifty Losers: Sesa Sterlite is down by 2.9% so far, followed by Ambuja Cements, HDFC, DLF and SBI.
Among the sectoral indices, Bankex has lost 158 points, Metals is down by 94 points, while Oil & Gas has dipped by 50 points. IT and Healthcare are trading 123 points and 80 points higher respectively. The Mid-Cap and Small-Cap indices are nominally in positives.
The Asian markets continue to trade on a mixed note. Nikkei has gained 111 points and Taiwan Weighted is up by 19 points. Hang Seng and Shanghai Composite have moved down.
Buzzer: NTPC has gained around 3% and made an intraday high at Rs 153.25. The stock is trading above its major resistance of Rs 150. If the scrip closes above this level, it may continue with the positive momentum.
Nifty Futures is trading in a small range. Its closing levels will decide its further moves.
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