Indices move into a positive zone

Suparna / 23 Jan 2014

Indices move into a positive zone

The Indian market is at flattish movement in mid trading session. Presently, the Nifty is trading up by 5 points at 6343 and the Sensex is up by 31 points at 21368. Both the indices are trading at a higher level by more than 0.10% each.

The Indian market is at flattish movement in mid trading session. Presently, the Nifty is trading up by 5 points at 6343 and the Sensex is up by 31 points at 21368. Both the indices are trading at a higher level by more than 0.10% each.

On the NSE, the advance-decline ratio is negative with 1475 advances and 1688 declines.

Top Nifty Gainers: Larsen is leading the gainers list so far and is up by 2.69%. It is followed by GAIL, HDFC, Sun Pharma and Bharti Airtel.

Top Nifty Losers: HCL Tech is leading the losers list so far and is down by 3.02%. It is followed by M&M, ONGC, IndusInd Bank and NTPC.

On the sectoral front, 4 out of the 13 indices are trading positively. Capital Goods remained the top gainer and is trading higher by 172 points. It is followed by FMCG which are up by 22 points. Mid-caps are negative down by 20 points and Small-caps are positive trading higher by 8 points.

The Asian markets continued to trade in negative. The Hang Seng is down by 348 points. Nikkei is down by 125 points. Straits Times and KOSPI too were trading on a negative note.

Buzzer:  Infosys, stock hits 52 week record high of Rs 3790 in intraday trade.

Nifty Futures is trading at 6364 level. If we see a closing above the mentioned level, it will be indicative of more positive movement ahead.

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