Markets Open 2014 In Positives
Vishal Sawant / 01 Jan 2014
The Indian markets opened in gains this morning, and are currently trading flat, positive. Both Sensex and Nifty are up by 0.10%. Healthcare and Capital Goods stocks have pulled the headline indices northward.
The Indian markets opened in gains this morning, and are currently trading flat, positive. Both Sensex and Nifty are up by 0.10%. Nifty is trading up by 10 points at 6313 and Sensex is at 21201 up by 31 points. Healthcare and Capital Goods stocks have pulled the headline indices northward.
The advance-decline ratio is on the positive side. On the NSE, 897 shares are trading in gains and 328 shares are down, while 2217 shares remain unchanged.
Top Nifty Gainers: Asian Paints is the top gainer so far, and is trading higher by 2.12%, followed by Ranbaxy Labs, Lupin, DLF and Coal India.
Top Nifty Losers: Tata Power is down 1.37%. UltraTech Cements, Wipro, BHEL and Infosys are among the other stocks seeing losses.
12 out of the 13 indices are trading in green. Healthcare is seeing the strongest gains, up by 67 points, Metal has gained 56 points and Capital Goods is 52 points higher. Auto is also trading higher by 49 points. Mid-Caps and Small-Caps are up by 40 points and 48 points respectively.
The global markets are closed on account of the new year holiday.
Buzzer: The stock of Adani Power has touched Rs 39.70, gaining 2% on the news that its Mundra plant has set a record in power generation, achieving a full load of 4620 MW.
Nifty is currently trading at 6357 and is likely to face resistance around the 6360 level.
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