Indices Positive Ahead Of RBI Policy
Suparna / 28 Jan 2014
At the forefront of the RBI’s third quarter monetary policy review, the Indian markets opened on a positive note with marginal gains as investors adopted a wait and watch stance before the monetary policy review.
Indian markets open today's session with marginal gains ahead of the Reserve Bank of India's mid-quarter policy review which is to be announced later in the day today. Nifty is up by 15 points to trade at 6151 and the Sensex is up by 42 points to trade at 20750. Both indices are trading in the range of 0.24%.
The advance-decline ratio is also indicating strength in the morning session today. On the NSE, 1604 shares are trading in gains and 1543 shares are down.
Top Nifty Gainers: Bank of Baroda is the top gainer in today’s morning session and is up by 3.05%. It is followed by DLF, PNB, Jaiprakash Asso and Ranbaxy Labs.
Top Nifty Losers: HUL is the top loser for today’s morning session and is trading lower by 3.07%. It is followed by ITC, Sun Pharma, Infosys and Jindal Steel.
On the sectoral front, 10 out of 13 sectors are trading in the green zone. Auto is the top gainer this morning and is trading higher by 131 points. It was followed by Bankex and Capital Goods, which were up by 114 points and 99 points respectively. Mid-caps and small-caps also traded with a positive bias up by 29 points and 49 points respectively.
Global Markets are giving out mixed cues this morning. Nikkei is up by 35 points. Hang Seng, is trading up by 22 points. KOSPI and the Straits Times are trading with a positive bias.
Buzzers: Just Dial down by 6.07% and lay low at Rs 1370 after the company's Q3 December 2014 result was announced on Monday, 27 January 2014.
Nifty Future trading at 6157 level, if it crosses this level we may see 6200 on closing basis.
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.