Sensex Hovers Around 21K
Vishal Sawant / 12 Dec 2013
The Indian markets witnessed some consolidation in a wide range in mid-session. Nifty is trading down by 40 points at 6266 and Sensex is 147 points lower at 21022.
The Indian markets witnessed some consolidation in a wide range in mid-session. Nifty is trading down by 40 points at 6266 and Sensex is 147 points lower at 21022. The indices are trading negative between 0.70%-0.65%.
The advance-decline ratio is negative. On the NSE, 1469 shares are in the green and 1794 shares are in red.
Top 5 Nifty Gainers: Tata Power is leading the gainers list so far, up by 4.71%. Jaiprakash Associates, HDFC, Ranbaxy Labs and BHEL are also in the green.
Top 5 Nifty Losers: Tata Motors is down by 3.71%, followed by Ambuja Cements, ONGC, Bajaj Auto and Coal India.
All the sectors are trading in the red zone. Auto is the top loser, down by 219 points, Bankex is down by 149 points and Metal index is trading lower by 97 points. Mid-Caps and Small-Caps gained some marginal to flattish points.
The Asian markets have all been in negatives since morning today. Nikkei is the top loser so far, down by 173 points and Hang Seng is down by 120 points. Straits Times and Taiwan also remained in the red.
Buzzer: ICICI Bank, India's largest private sector bank, has declined over 5% over the last 3 days.
Nifty has broken a major support at the 6300 level in the opening session. The markets are hoping for some recovery from the current levels to 6290.
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