Indices Positive But Directionless, All Eyes On IIP Data And CPI Inflation Data
Suparna / 12 Mar 2014
Markets are trading amid a bundle of volatility in morning session. Indices are trading in the positive zone but directionless. At the current hour the BSE is trading up 101 points at 21928 and the Nifty is up by 21 points at 6533. The imperative IIP data for the month of January and the CPI inflation data of February will be announced today. Major rally is currently witnessed in L&T Finance Holdings and Just Dial as NSE decides to add these two stocks for trading in F&O segment. Rupee is trading lower by 10 paise at Rs 61.04 against one USD.
Indian markets open today's session in the negative zone and turned positive high volatility, ahead of the IIP data for January and CPI inflation data for February which is to be announced later in the day. Nifty is up by 21 points to trade at 6533 and the Sensex is up by 101 points to trade at 21928. Both indices are trading up in the range of 0.44%.
Indian rupee is trading lower by 10 paise at Rs 61.04 against the USD in the foreign exchange market compared to its close of Rs 60.95 on Tuesday 11 March 2014.
Foreign investors bought Indian shares worth rupees Rs 1471.23 crore in the secondary markets on Tuesday, as per the exchange data.
The advance-decline ratio is also indicating strength in the morning session today. On the NSE, 1707 shares are trading in gains and 1638 shares are down.
Top Nifty Gainers: Sun Pharma is the top gainer in today’s morning session and is up by 3.03%. It is followed by ITC, Wipro, ICICI Bank and Hero Motocorp.
Top Nifty Losers: IDFC is the top loser for today’s morning session and is trading lower by 2.42%. It is followed by BHEL, Bank of Baroda, IndusInd Bank and UltraTechCement.
On the sectoral front, 10 out of 13 sectors are trading in the green zone. Healthcare is the top gainer this morning, trading higher by 124 points. It is followed by FMCG and Consumer durable, which were up by 95 points and 77 points respectively. Mid-caps and small-caps also traded with a positive bias up by 9 points and 19 points respectively, this morning.
Global Markets are giving out negative cues this morning. Nikkei is down by 384 points. Hang Seng, is trading lower by 377 points. KOSPI and the Straits Times are trading with a negative bias.
Buzzers: Just Dial is up by 4.89% and day high at Rs1750, after the National Stock Exchange (NSE) decided to include stock for trading in the Futures and Options (F&O) segment with effect from Thursday, 13 March 2014.
Nifty Future trading at 6566 level, if it crosses this level we may see 6580 on closing basis.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.