Markets Remain Weak At The Start
Suparna / 03 Feb 2014
The markets started trading for the new month on a weak note. Sensex was down by 62 points at 20446 level and Nifty was down by 20 points at 6069 level. The rupee too opened on a flat note at Rs 62.59 per dollar on Monday as against Friday’s closing value of Rs 62.65.
The India Market opened in negative sentiment after tracking weakness in the Asian region. As a result the Indices tanked the Nifty down by 20 points at 6069 level and Sensex down by 62 points at 20446 levels. The rupee is trading at Rs 62.59 against the dollar.
The advance-decline ratio is flat and slightly on the positive side in the morning session. On the NSE, 1630 shares are trading in gains and1527 shares are down.
Top Nifty Gainers: Lupin is the top gainer for today’s morning session up by 2.08% followed by Sun Pharma, Dr Reddys Labs, Ambuja Cements and Hero Motocorp Only.
Top Nifty Losers: Hindalco is the top loser for today’s morning session down by 2.60% followed by Jindal Steel, M&M, Bharti Airtel and BPCL.
On the sectorial view 7 out of 13 sectors are trading in red. Metals were top loser trading in morning session down by150 points. IT and Bankex were down by 51 points and 46 points respectively. Mid-Caps and Small-Caps are trading in positive by 5 points and 15 points. Healthcare is showing some strength up by 128 points.
On the global front, the Asian shares are trading on negative sentiment. The Nikkei market is the top loser for today’s morning session down by 261 points, followed by Hang Seng which is down by 106 points. The KOSPI and the Straits Times trade on some negative note too.
Buzzers: Oberoi Realty, stock slumps over 4.15% after the consolidated Q3 net profit down by 40% in the quarter ended December 31, 2013.
Nifty support around 5960 – 6010 level and now trades around 6090. Below this level may see more down fall.
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.