Market Remain In Green
Suparna / 08 Jan 2014
After a positive opening, the indices continued to trade on the positive note in mid-session. Currently, Nifty is up by 18 points at 6181 and Sensex has moved up by 54 points to 20748.
After a positive opening, the indices continued to trade on the positive note in mid-session. Currently, Nifty is up by 18 points at 6181 and Sensex has moved up by 54 points to 20748. The indices have moved higher in the range of 0.30% each.
The advance-decline ratio also continues to be positive. On the NSE, 1698 shares are in the green and 1244 shares are in red.
Top Nifty Gainers: Coal India is leading the gainers list, up by 4.68%. NMDC, Cairn India, Cipla and GAIL are the other stocks trading higher.
Top Nifty Losers: Larsen & Toubro is down by 1.79% so far, followed by Sesa Sterlite, BPCL, Axis Bank and Ranbaxy Labs.
All of the sectoral indices are trading on a positive note except the Capital Goods index. Healthcare and Oil & Gas indices are up by 113 points and 74 points respectively. Mid-Caps and Small-Caps were also up by 56 points and 22 points.
On the Asian front, Nikkei maintained the morning gain and trading up by 307 points. Hang Seng, is up by 238 points. KOSPI and the Shanghai Composite were trading with nominal loss in midsession.
Buzzer: Apollo Tyres has gain nearly 6% to Rs113.50 on the bourses, making an intraday high and 52 week high of Rs113.55 so far. It may see more up-move in the counter.
Nifty Futures is trading around the 6207 level. If it maintain to trade at current level we may see some further strength.
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