Day’s Trades Open In Red
Suparna / 03 Dec 2013
Unsupportive global cues saw the Indian stock markets opening lower today. Nifty is currently down by 10 points at 6207 and Sensex is 24 points lower at 20873. Jindal Steel is the top gainer for the morning session, up by 3.50%.
The Indian stock markets started trades on a negative note, as the global cues look unsupportive. Nifty is currently down by 10 points at 6207 and Sensex is 24 points lower at 20873. Both indices opened down in the range of 0.39%-0.16%.
The advance-decline ratio, however, is positive as of now. On the NSE, 1717 shares are trading in gains and 1528 shares are down.
Top 5 Nifty Gainers: Jindal Steel is the top gainer for the morning session, up by 3.50%, followed by Hindalco, GAIL, Asian Paints and Maruti Suzuki.
Top 5 Nifty Losers: HDFC is the strongest loser so far, down by 1.27%. Dr Reddy’s Labs, NTPC, Kotak Mahindra Bank and HCL Tech are among the other stocks trading lower.
Almost all the sectoral indices are in positives. Metals is the top gainer this morning, trading higher by 91 points. Capital Goods is up by 77 points and IT has gained 36 points. The Oil & Gas index has recovered from yesterday and is up by 33 points this morning. Mid-Caps and Small-Caps are trading up by 38 points and 28 points respectively.
Among the Asian markets, Nikkei is trading strongly up by 124 points, while Hang Seng is down 109 points and Taiwan Weighted has lost 22 points.
Buzzer: Jindal Steel has gained 3.76% this morning. The scrip has broken its vital resistance of Rs 265 and is expected to trade around Rs 280.
Nifty Futures is trading in a small range, with a major resistance at the 6230-6250 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.