Nifty Closes Above 6300 Mark, IT Index Up By 2.8%
Suparna / 20 Jan 2014
The Indian markets witnessed a bullish breakout at the closing buzz. IT Index saw excellent up move in today’s session. As a result the Nifty closed the day up by 42 points at 6304 and Sensex was 141 points higher at 21205
The Indian markets witnessed a bullish breakout at the closing buzz. IT Index saw excellent up move in today’s session. As a result the Nifty closed the day up by 42 points at 6304 and Sensex was 141 points higher at 21205.
The advance-decline ratio on the NSE was in the positive by day’s end, with 1624 shares in green and 1475 shares in the red zone.
Top Nifty Gainers: TCS gained 5.66% in today’s trades, followed by HCL Tech, Wipro, Sesa Sterlite and IndusInd Bank.
Top Nifty Losers: Reliance closed the day lower by 1.7%, followed by NMDC, Tata Power, Grasim and Coal India.
Most of the sectoral indices closed on a positive note, IT index was the top gainer for today’s session which surged by 265 points. Bankex and Auto indices also witnessed buying, up by 90 points each. Mid-Caps and Small-Caps also saw up-move by 65 points and 51 points respectively. Consumer Durables, Capital Goods and Healthcare indices closed in positive territory. However Oil & Gas saw some loss in today’s session.
The Asian markets closed on a negative note. Nikkei ended lower by 92 points. Hang Seng closed 204 points down. However KOSPI and Taiwan were in positive territory.
Buzzer: TCS gained more than 5% on the bourses today and closed above the technical level of Rs 2338. If the stock remains above this level, it may touch the Rs 2400 mark in the next few sessions.
Nifty Futures saw fresh intraday break out and also manage to closed above 6310 which is indicating more buying above this level.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.