Markets Trading In Green, Nifty Crosses 6100 Mark
Suparna / 18 Feb 2014
Indian markets rallied to push the BSE Sensex up by 199 points at 20662 and Nifty by 62 points to stand at 6135 in the mid session. Bankex and Capital goods sector are the biggest gainer up by 296 points and 150 points respectively. The advance decline ration is also on the positive side with 1684 shares in green and 1548 shares in red.
The indices continued to trade on the positive note in mid-session. Currently, Nifty is up by 62 points at 6135 and Sensex has moved up by 199 points to 20662. The indices have moved higher in the range of 0.98% each.
The advance-decline ratio also continues to be positive. On the NSE, 1684 shares are in the green and 1548 shares are in red.
Top Nifty Gainers: Jindal Steel is leading the gainers list, up by 7.28%. Kotak Mahindra, Axis Bank, HDFC and ICICI Bank are the other stocks trading higher.
Top Nifty Losers: HCL Tech is down by 0.89% so far, followed by GAIL, ITC, Cipla and Coal India.
All of the sectoral indices are trading on a positive note. Bankex & Capital Goods are up by 296 points and 150 points respectively. Mid-Caps and Small-Caps were also up by 63 points and 42 points.
On the Asian front, Nikkei maintained the morning gain and trading up by 450 points. Hang Seng, is up by 51 points. Straits Times and the Shanghai Composite were trading with nominal loss in midsession.
Buzzer: ABB India has gained nearly 13.72% to Rs 669.70 on the bourses, making an intraday high of Rs 677.30 so far on strong Q3 results. It may see more up-move in the counter.
Nifty Futures is trading around the 6150 level. If it maintains to trade at current level we may see some further strength.
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