Indices Remain Under Stress
Suparna / 29 Jan 2014
After witnessing a volatile day of trading in the morning and mid-session the markets remained under stress till the close of the day. Nifty closed 6 points down at 6120 and Sensex was 19 points lower at 20663.
The Indian markets witnessed a narrow range trade till mid-session. But Market closed in negative territory which is the on-going performance from last three consecutive trading sessions. However some sectorial index saw small recovery from their respective lows. Nifty at the close of the day was down by 6 points at 6120 and Sensex was 19 points lower at 20663.
The advance-decline ratio on NSE was negative as the day ended with 1517 shares in green and 1668 shares in the red zone.
Top Nifty Gainers: Maruti Suzuki gained 6.89% in today’s trade, followed by BHEL, BPCL, Ranbaxy Labs and Hero Motocorp.
Top Nifty Losers: Sesa Sterlite closed the day lower by 3.15%, followed by IndusInd Bank, Tata Steel, Bank of Baroda and Hindalco.
The sectoral indices also closed on a mixed note. Capital Goods and Health Care indices witnessed buying by 86 points and 76 points respectively. IT was also up by 52 points. However Metals, Bankex and Consumer Durables saw a downward move. Mid-Caps and Small-Caps closed on mixed note.
The Asian markets closed on a positive note. Nikkei ended higher by 403 points. Hang Seng closed 180 points up. However Taiwan and Straits Times were in negative territory.
Buzzer: Sesa Sterlite lost more than 3% on the bourses today and closed below the technical level of Rs 200. If the stock remains below this level, it may touch the Rs 180 mark in the next few sessions.
Nifty Futures continued to close below the psychological level of 6150, which is a negative indicator for next trading session.
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.