Indices Hovering In Positive Zone, Metal Indices Trading Down
Suparna / 25 Feb 2014
After witnessing a positive start in the morning session Indian markets are currently trading on a flattish movement. Nifty is up 12 points at 6198 and Sensex is up by 32 points at 20843. Metal indices have lost more than 127 points in the mid session. Consumer Durables remained the top gainer up by 163 points.
The Indian market is at flattish movement in mid trading session with indices trimming gains. Presently, the Nifty is trading up by 12 points at 6198 and the Sensex is up by 32 points at 20843. Both the indices are trading higher by more than 0.16% each.
On the NSE, the advance-decline ratio is negative with 1500 advances and 1741 declines.
Top Nifty Gainers: Ambuja Cements is leading the gainers list so far and is up by 2.87%. It is followed by BPCL, Bajaj Auto, Ranbaxy Labs and BHEL.
Top Nifty Losers: Coal India is leading the losers list so far and is down by 2.46%. It is followed by NMDC, Tata Power, GAIL and Sesa Sterlite.
On the sectoral front, 12 out of the 13 indices are trading positively. Consumer Durable remained the top gainer and is trading higher by 163 points. It is followed by IT and Auto which are up by 78 points and 40 points respectively. Metal is down by 127 points. Mid-caps and Small-caps are positive and higher by 11 points and 5 points respectively.
The Asian markets continued to trade on mixed note. The Nikkei is up by 213 points. Taiwan Index is up by 15 points, whereas Hang Seng is down by 71 points.
Buzzer: Petron Engineering Construction surged by 4.86% today. As per reports, it has received an order worth approximately Rs 196 crore from JBF Petrochemicals.
Today Nifty Futures is trading at 6209. If we see a closing above the mentioned level, it will be indicative of more positive movement ahead.
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