Yet Another Lower Opening
Suparna / 13 Dec 2013
The Indian markets have seen a negative opening, with most of the selling witnessed in the Banking and Capital Goods segments. Currently, Nifty is down by 47 points to trade at 6190 and Sensex has moved 142 points lower to 20780. Tata Motors is the top gainer so far, up by 2.66%. Most of the Asian markets, though, are trading in positives.
Today is the third consecutive day that the Indian markets have seen a negative opening. Most of the selling has been witnessed in the Banking and Capital Goods segments. Currently, Nifty is down by 47 points to trade at 6190 and Sensex has moved 142 points lower to 20780.
The advance-decline ratio is also in negatives at this hour. On the NSE, 1560 shares are trading in gains and 1692 shares are down.
Top 5 Nifty Gainers: Tata Motors is the top gainer so far, up by 2.66%, followed by Coal India, Wipro, Bharti Airtel and Dr Reddy’s Labs are among the other stocks trading in green.
Top 5 Nifty Losers: IndusInd Bank has dipped by 2.98% this morning. BHEL, ICICI Bank, BPCL, Bank of Baroda are among the other stocks in the red.
Most of the sectoral indices are in the positive zone as of now. Capital Goods is the top gainer so far, up by 52 points. Auto, Bankex and Oil & Gas are all up in the range of 30 points, while Mid-Caps and Small-Caps have both gained around 20 points. FMCG and Consumer Durables, though, are seeing some negative trades.
The Asian markets are in gains today. Nikkei has moved up by 115 points, and Hang Seng is 31 points higher. Taiwan Weighted is also in positives, while Shanghai Composite and KOSPI are nominally lower.
Buzzer: Wipro has moved higher by 1.8% in today’s opening session, making an intraday high of Rs 519 so far. If the stock continues to trade around these levels, it may break the psychological mark of Rs 525 by close of day.
Nifty Futures is trading in a narrow range. The major support levels for the day will be 6200 and 6170.
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.