Markets Under Pressure In Noon Trade
Suparna / 16 Jan 2014
The Indian markets remained under pressure in the noon trade. The Nifty is trading up by 2 points at 6322 and Sensex is trading 14 points lower at 21272.
The Indian markets remained under pressure in the noon trade. The Nifty is trading up by 2 points at 6322 and Sensex is trading 14 points lower at 21272. The indices are trading on a volatile note in the mid-session.
The advance-decline ratio is negative. On the NSE, 1364 shares are in the green and 1711 shares are in red.Top 5 Nifty Gainers: HCL Tech is leading the gainers list so far, up by 3.51%. NMDC, BHEL, Coal India and UltraTech Cement are also in gains.
Top 5 Nifty Losers: Bharti Airtel is down by 3.77%, followed by ONGC, Tata Motors, Sun Pharma and M&M.
On sectoral front, 9 out of the 13 sectors are trading in the green zone. Metal index is the top gainer, up by 176 points. Auto index is down by 89 points. Mid-Caps and Small-Caps are in red and down by 16 points and 2 points respectively.
The Asian markets are trading on a mixed note since morning today. Nikkei is the top loser so far, down by 61 points and Hang Seng is up by 84 points. KOSPI and Taiwan remained in the green.
Buzzer: HCL Tech, stock hit fresh 52 week high today at Rs 1383.90 and moved up by 3.50%.
Nifty futures have been able to sustain above 6300 in today’s session. The markets are hoping for some recovery from the current levels to 6325.
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