Markets Trade Positive
Suparna / 21 Jan 2014
The Indian markets opened in gains this morning, and are currently trading flat on a positive note. Both Sensex and Nifty are up by 0.25%. Nifty is trading up by 15 points at 6319 and Sensex is at 21258 up by 53 points. Auto and Bankex stocks have pulled the headline indices northward.
The Indian markets opened in gains this morning, and are currently trading flat on a positive note. Both Sensex and Nifty are up by 0.25%. Nifty is trading up by 15 points at 6319 and Sensex is at 21258 up by 53 points. Auto and Bankex stocks have pulled the headline indices northward.
The advance-decline ratio is on the positive side. On the NSE, 1749 shares are trading in gains and 1346 shares are down, while 352 shares remain unchanged.
Top Nifty Gainers: Tata Motors is the top gainer so far, and is trading higher by 2.76%, followed by Sesa Sterlite, Bank of Baroda, PNB and ICICI Bank.
Top Nifty Losers: Asian Paints is down 2.61%. Coal India, TCS, Kotak Mahindra and UltraTech Cement are among the other stocks seeing losses.
10 out of the 13 indices are trading in green. Auto index has seen strongest gains this morning and is up by 183 points, Bankex index has gained 166 points and Capital Goods index is trading 95 points higher. Metal index is also trading higher by 93 points. Mid-Caps and Small-Caps are up by 32 points and 27 points respectively.
Asian markets are trading higher on Tuesday, Nikkei is highest gainer up by 225 points. It is followed by Hang Seng up by 199 points. KOSPI and Shanghai are trading on positive note.
Buzzer: The stock of Asian Paints has declined 1.65% on weak Q3 result.
Nifty is currently trading at 6333 and is likely to face resistance around the 6360 level.
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