Markets Post Biggest Gain This Year
Suparna / 13 Jan 2014
The Indian markets witnessed a superb rally in today’s closing. The sectors like Bankex, IT and Oil & Gas were the major factors that pulled indices on the higher side. The Nifty closed the day up by 101 points at 6272 and Sensex was 375 points higher at 21134.
The Indian markets witnessed a superb rally in today’s closing. The sectors like Bankex, IT and Oil & Gas were the major factors that pulled indices on the higher side. The Nifty closed the day up by 101 points at 6272 and Sensex was 375 points higher at 21134.
The advance-decline ratio on the NSE was in mixed by day’s end, with 1531 shares in green and 1549 shares in the red zone.
Top Nifty Gainers: TCS gained 3.8% in today’s trades, followed by HCL Tech, Infosys, ONGC and ICICI Bank.
Top Nifty Losers: Ranabxy Labs closed the day lower by 5.4%, and Tata Power, Lupin, Sun Pharma and HUL also ended in negatives.
Among the sectoral indices, IT and Bankex indices were the top gainer for today’s session up by 271 points and 251 points respectively. Oil & Gas index up by 191 points and Capital Goods index closed 145 points lower. Mid-Caps and Small-Caps also ended in gains. However Healthcare closed the day in red.
The Asian markets closed on a positive note. Hang Seng ended higher by 42 points and Nikkei closed 31 points higher. KOSPI and Taiwan were also in positive.
Buzzer: Gati gained more than 9.5% on the bourses today and closed above the technical level of Rs 60. If the stock remains above this level, it may touch the Rs 68 mark in the next few sessions.
Nifty Futures are giving a bullish cross over on intraday charts, as it closed above 6300 level. If it sustains above this level it may appreciate further.
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