Markets Open In Red, Tata Power Gains In Early Morning Trade, Up By 4.06%
Suparna / 24 Feb 2014
Indian Markets opened the week on a negative note as Nifty opened down by 9 points at 6146 level and BSE was down by 19 points to trade at 20680 level. The Indian rupee was also flat against the dollar. The exchange rate today is Rs 62.10 against one USD. Capital goods is the top gainer of the morning session, up by 189 points.
The India Market opened in the negative sentiment after witnessing weakness in the Asian region. Nifty is currently trading down by 9 points at 6146 level and Sensex down by 19 points at 20680 level.
The advance-decline ratio is positive in the morning session. On the NSE, 1226 shares are trading in gains and 1186 shares are down.
Top Nifty Gainers: Tata Power is the top gainer for today’s morning session up by 4.06% followed by BHEL, Larsen, Axis Bank and Sun Pharma.
Top Nifty Losers: NTPC is the top loser for today’s morning session down by 10.34% followed by Tata Steel, TCS, NMDC and HDFC.
On the sectoral front 8 out of 13 sector indices are trading in green. Capital Goods is the top gainer in morning session up by 189 points. Healthcare index is up by 123 points. Mid-Caps and Small-Caps are trading in positive up by 25 points and 13 points. IT index is down by 44 points.
On the global front, all Asian shares are trading with a negative bias. The Hang Seng market is top loser for today’s morning session down by 289 points. Nikkei is down by 183 points. The KOSPI and the Straits Times too trade with a negative note.
Buzzers: - Tata Power stock surged 4.45% and hit the day’s high at Rs 84.50.
Nifty supports around 6130 – 6150 level and now trade around 6152. Below this level may see more down fall.
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