Indices Remain Flat

Suparna / 01 Jan 2014

Indices Remain Flat

The indices continued to trade on a flat note in mid-session. Currently, Nifty is up by 6 points at 6310 and Sensex has moved up by 18 points to 21188. United Breweries Holdings has gained around 20% on the bourses so far today.

After a positive opening, the indices continued to trade on a flat note in mid-session. Currently, Nifty is up by 6 points at 6310 and Sensex has moved up by 18 points to 21188. Both the indices have moved higher in the range of 0.10%.

The advance-decline ratio also continues to be positive. On the NSE, 1428 shares are in the green and 726 shares are in red.

Top Nifty Gainers: Asian Paints is leading the gainers list, up by 2.45%. Ranbaxy Labs, Lupin, DLF and Bharti Airtel are the other stocks trading higher.

Top Nifty Losers: Wipro is down by 1.01% so far, followed by BHEL, TCS, Power Grid Corp and Kotak Mahindra Bank.

All the sectoral indices except for IT are on the positive side. Healthcare and Auto remain in the lead, up by 67 points and 62 points respectively. Metal and Consumer Durables are trading higher in the range of 49 points to 51 points. Mid-Caps and Small-Caps have also surged by over 50 points.

The Asian markets are closed today to mark new year’s day.

Buzzer: United Breweries Holdings has gained around 20% on the bourses so far today, making an intraday high of Rs 37.40 to hit the upper circuit. The counter may see more for an up-move ahead.

If Nifty Futures crosses a major hurdle of 6330, it may close around the 6360 level.

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