A Positive Start To The Day
Suparna / 20 Dec 2013
The Indian markets opened on a positive note, triggered by weak Asian stocks. Nifty is trading up by 21 points at 6187 and Sensex is 84 points higher at 20793. Wipro is the top gainer in today’s morning session, up by 1.89%.
The Indian markets opened on a positive note, triggered by weak Asian stocks. Nifty is trading up by 21 points at 6187 and Sensex is 84 points higher at 20793. Both indices opened up by around 0.40%.
The advance-decline ratio is on the positive side this morning. On the NSE, 1829 shares are trading in gains and 1350 shares are down.
Top Nifty Gainers: Wipro is the top gainer in today’s morning session, up by 1.89%. TCS, ONGC, Reliance and Cairn India are among the other stocks trading higher.
Top Nifty Losers: Sun Pharma is lower by 1.42%, followed by Grasim, IDFC, Larsen & Toubro and Sesa Sterlite, all trading down.
10 out of 13 sectors are trading in the green. Auto is the highest gainer so far, up by 127 points, Oil & Gas is 123 points higher and IT is trading in gains of 86 points. Mid-Caps and Small-Caps are also trading with a positive bias, higher by 46 points and 52 points respectively. Capital Goods is currently down by 70 points.
Among the Asian markets, Hang Seng is the top loser so far, trading down by 108 points. Nikkei is up by 30 points, and KOSPI and Straits Times are trading in nominal gains.
Buzzer: Reliance Industries has jumped almost 3% as the Cabinet Committee on Economic Affairs (CCEA) allowed RIL to raise the prices of natural gas produced from its KG-D6 block to USD 8.4 a million British thermal unit (mBtu) starting April 2014.
Nifty Futures is trading at 6195 and has a resistance around the 6200 level. We may see the index trading in a range.
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