The Indian markets opened on a positive note today backed by positive global cues. Nifty is trading up by 51 points at 6294 and the Sensex is up by 172 points to trade at 21205. Both indices are trading up by 0.85%.
The Indian markets opened on a positive note today backed by positive global cues. Nifty is trading up by 51 points at 6294 and the Sensex is up by 172 points to trade at 21205. Both indices are trading up by 0.85%.
The advance-decline ratio is on positive side in the morning session today. On the NSE, 1755 shares are trading in gains and 1322 shares are down.
Top Nifty Gainers: Hindalco is the top gainer in today’s morning session and is up by 2.97%. It is followed by Coal India, NMDC, Sesa Sterlite and Jindal Steel.
Top Nifty Losers: Ranbaxy Labs is the top loser for today’s morning session and is trading lower by 0.69%. It is followed by Axis Bank, Cairn India, Lupin and ITC.
On the sectoral front, all the sectors are trading in the green. Metal index is the top gainer this morning session as it gained 155 points. It was followed by Bankex and IT indices, which were up by 121 points and 90 points respectively. Mid-caps and small-caps are also trading with a positive bias. They were higher by 53 points and 43 points respectively, this morning.
Global Market witnessed buying in morning session. Nikkei is the top gainer for so far as it is trading up by 345 points. It is followed by Hang Seng, which is up by 71 points. The KOSPI and the Straits Times too are trading with a positive bias.
Buzzers: Coal India opened on a positive note and surged by more than 2%. Coal India board of directors approved payment of interim dividend of Rs 29 per share for the financial year ending March 2014.
Nifty Future is trading above its resistance of 6300. If it manages to sustain above this level one can expect further gain.
