Nifty Hovering Around 6350
Suparna / 10 Dec 2013
The Indian markets maintained their morning losses in mid-session, with Nifty trading down by 32 points at 6330 and Sensex 81 points lower at 21247. IT is still the leading sectoral index, while NTPC’s stock continues to trade down.
The Indian markets maintained their morning losses in mid-session, with Nifty trading down by 32 points at 6330 and Sensex 81 points lower at 21247. The indices are trading negative between 0.53%-0.37%.
The advance-decline ratio is also in negatives. On the NSE, 1389 shares are in the green and 1862 shares are in red.
Top 5 Nifty Gainers: TCS is leading the gainers list so far, up by 3.3%. Wipro, Lupin, HCL Tech and Sesa Sterlite are also trading higher.
Top 5 Nifty Losers: NTPC is down by 10.39%, followed by BHEL, L&T, Power Grid Corp and IndusInd Bank.
9 out of the 13 sectors are trading in the green zone. IT remains in the lead, up by 160 points. FMCG is trading higher by 41 points and Auto is up by 24 points. Mid-Caps and Small-Caps are in the red, down by 34 points and 24 points respectively.
The Asian markets have all been in negatives since morning. Nikkei is down by 39 points and Hang Seng has dipped 37 points at this hour. Straits Times and Taiwan Weighted are also in the red.
Buzzer: NTPC’s stock continues to trade lower. The counter has dipped after CERC's draft five-year tariff regulations were released.
Nifty Futures have been able to sustain above 6350 so far in today’s session. The markets are hoping for some recovery from the current levels to touch 6365.
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