Benchmark Indices Trade In Green, Bankex In Focus

Suparna / 21 Feb 2014

Benchmark Indices Trade In Green, Bankex In Focus

The Indian market bounced back owing to favourable global signs, with Nifty up by 53 and Sensex by 170 points to trade at 6145 and 20707 respectively. Bankex index is the top gainer, followed by Auto and Metals indices. 

Indian markets started off on a positive note, backed by favourable global cues. At present, the Nifty and Sensex are up by 53 and 170 points respectively to trade at 6145 and 20707 respectively. 

The advance-decline ratio is tilted towards the positive side in the morning session. On the NSE, 1555 shares are trading in gains while 876 shares are trading in red.

Top Nifty Gainers: ICICI Bank is the top gainer in today’s morning session up by 2.02% followed by Axis Bank, GAIL, Tata Steel and Jindal Steel.

Top Nifty Losers: Ranbaxy Labs is the top loser in the morning session down by 0.79% followed by Bharti Airtel and DLF.

On the sectoral front, all the sectors are trading in green. Bankex index is top gainer, trading higher by 150 points. It is followed by Auto and Metals indices, which are up by 98 points and 86 points respectively. Broader markets Mid-Caps and Small-Caps are up by 42 points and 87 points respectively.  

On the global front, the Asian markets are giving out positive vibes to trade in positive zone. Nikkei is top gainer in the morning session, up by 385 points. The Hang Seng and Taiwan index is trading higher by 120 and 53points respectively. However, the Shanghai Composite is trading on a negative note, down by 20 points.

Buzzers: - Monsanto India surged by over 3.56%, hitting 52-week high of Rs 1313.

Nifty future trading at 6154 with major support at 6200-6230 levels and resistance at 6250.

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