Markets Trade Positive, Sensex Crosses 21000 Mark
Suparna / 28 Feb 2014
Indian markets opened in green this morning with both Nifty and Sensex trading in positive territory. The 30 share BSE Sensex is currently up by 95 points at 21084 and the 50 share Nifty is up by 22 points to trade at 6261. Indian rupee opened lower at 61.10 as against previous day’s closing of 61.98 against one USD. The Gross Domestic Product (GDP) data for Q3FY14 will be unveiled by the government after the trading hours today.
Indian markets are trading higher in the morning deals owing to positive global cues ahead of data on Gross Domestic Product (GDP) for Q3 December 2013, which will be announced today after trading hours. The Indian markets are trading higher, with Sensex and NSE Nifty up by 0.45% in today's early morning trade. Nifty is trading up by 22 points to trade at 6261 and the Sensex trades at 21084 up by 95 points.
The rupee opened lower at 62.10 per dollar on Friday as against previous day's closing value of 61.98 a dollar on Wednesday.
The advance-decline ratio is on the positive side in the morning session. On the NSE, 1814 shares are trading in gains and 1420 shares are down.
Top Nifty Gainers: Hindalco is the top gainer in today’s morning session and is trading higher by 3.76%. It is followed by Tata Motor, Jaiprakash Asso, Dr Reddy’s Labs and TCS.
Top Nifty Losers: Maruti Suzuki is the top loser for today’s morning session and is trading lower by 4.24%. It is followed by HDFC Bank, Grasim, Power Grid Corp and NTPC.
On the sectoral front 11 out of 13 indices are trading in green. Healthcare is the top gainer this morning as it surged by 174 points. It was followed by Metals and IT, which were up by 92 points and73 points respectively. Mid-Caps and Small-Caps are up by 54 points and 31 points respectively in the morning session.
Global Markets are trading in negative this morning. Nikkei is trading down by 153 points. Hang Seng, lost 53 points. KOSPI and the Shanghai Composite were trading with nominal losses this morning.
Buzzers: Tech Mahindra stock is up by 2.65% and trade day high at Rs 1875 as stock will be inclusion to the Nifty.
Nifty Future is trading at 6278 level above its support level which is at 6250.
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