Markets Surge, Metals Gain 1.5%
Suparna / 07 Nov 2013
The Indian markets made a sudden recovery in mid-session, with most of the participation coming in from the Metal and IT sectors. At present, the Nifty is up by 50 points at 6265 and Sensex has moved up by 173 points to 21070.
After seeing flattish trades earlier in the day, the Indian markets made a sudden recovery in mid-session, with most of the participation coming in from the Metal and IT sectors. At present, the Nifty is up by 50 points at 6265 and Sensex has moved up by 173 points to 21070. The indices are trading higher between 0.77% - 0.81%.
The advance-decline ratio is on the positive side at this hour. On the NSE, 1689 shares are in the green and 1505 shares are trading in the red.
Top 5 Nifty Gainers: Tata Steel is leading the gainers list, trading up by 4.3%. Other stocks trading higher include HCL Tech, Hindalco, TCS and Infosys.
Top 5 Nifty Losers: BHEL is down by 3.7% so far, followed by Bank of Baroda, BPCL, Power Grid Corp and IndusInd Bank.
The sectoral indices have moved into the positive zone. IT has gained 185 points and Metals is up by 130 points. FMCG and Healthcare are also up by 25 points each. Mid-Caps and Small Caps are trading 11 points and 15 points higher respectively. Consumer Durables is the only index in the red, down by 96 points.
The Asian markets continued to trade in negatives in mid-session. Hang Seng has lost 155 points and Nikkei is down by 108 points. KOSPI and Shanghai Composite also have moved down.
Buzzer: HCL Tech has gained around 3% and made an intraday high at Rs 1116. The stock is trading above its major resistance level of Rs 1100. If it closes above this level, it may continue with this positive momentum.
Nifty Futures has moved above the technical level of 6300, indicating some strength above this level.
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.