Markets Hold Morning Gains
Suparna / 13 Jan 2014
After a positive opening, the indices continued to trade on the higher side in the mid-session.Currently, Nifty is up by 72 points at 6244 and Sensex has moved up by 276 points to 21035.
After a positive opening, the indices continued to trade on the higher side in the mid-session. Currently, Nifty is up by 72 points at 6244 and Sensex has moved up by 276 points to 21035. The indices have moved higher in the range of 1.33%-1.18%.
The advance-decline ratio is negative. On the NSE, 1483 shares are in the green and 1571 shares are in red.
Top Nifty Gainers: TCS is leading the gainers list, up by 3.25%. Infosys, HCL Tech, ONGC and Reliance are the other stocks trading higher.
Top Nifty Losers: Ranbaxy Labs is down by 5.51% so far, followed by Tata Power, Lupin, Jaiprakash Asso and Maruti Suzuki only.
On the sectoral front, 10 out of 13 sectoral indices are on the positive side. IT and Bankex indices are up by 242 points and 160 point respectively. Oil & Gas index is trading higher by 159 points. Mid-Caps are down by 35 points and Small-Caps are up by 19 points.
In the Asian markets, Hang Seng turns positive up by 42 points. Taiwan and Nikkei are up by 36 points and 65 points respectively. However, Strait Times down by 12 points.
Buzzer: TCS has gained around 3.25% on the bourses, making an intraday and 52 week high of Rs 2364.95 so far. If the scrip closes above the technical level of Rs 2363, it may see more up-move in the counter.
If Nifty Future crossed major hurdle at 6230, may see closing around 6250 level.
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