Still Trading Strong
Vishal Sawant / 20 Dec 2013
The Indian markets continued to climb in mid-session. Currently, Nifty is trading 66 points higher at 6233 and Sensex is up 228 points at 20936. The Asian markets are still seeing mixed trades.
The Indian markets continued to climb in mid-session today. Currently, Nifty is trading 66 points higher at 6233 and Sensex is up 228 points at 20936. Both the indices were seen trading higher by more than 1.5%.
The advance-decline ratio on the NSE is positive, with 1846 advances and 1343 declines.
Top Nifty Gainers: Cairn India is leading the gainer lists so far, up by 2.73%. Among the other stocks trading higher are Wipro, HUL, Reliance and Maruti Suzuki.
Top Nifty Losers: Sun Pharma is trading down by 1.5%, followed by Sesa Sterlite, Bharti Airtel, L&T and Grasim.
All the sectoral indices are trading on a positive note. Auto remains the highest gainer, up by 230 points, followed by Oil & Gas up 175 points and Bankex with gains of 153 points. Mid-Caps and Small-Caps are also in positives, higher by 94 points and 65 points respectively.
Among the Asian markets, Hang Seng is down by 90 points and Shanghai Composite is down 43 points. On the other hand, Nikkei, Straits Times and KOSPI are trading on a positive note.
Buzzer: Maruti Suzuki opened trades higher this morning, and hit its 52-week high of Rs 1829.90. The scrip made a high on reports that the company’s foreign promoter is planning to raise its holding. We may see good northward movement in the upcoming sessions.
Nifty Futures continues to see an uptrend and is trading around the 6255 level.
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