Markets Trading On A Flat Positive Note, Metals Shine
Suparna / 21 Mar 2014
The Indian market is at flattish movement in mid trading session as indices have trimmed gains. Presently, the Nifty is trading up by 10 points at 6493 and the Sensex is up by 15 points at 21755. Both the indices are trading higher by more than 0.16% each.
On the NSE, the advance-decline ratio is positive with 1756 advances and 1619 declines.
Top Nifty Gainers: Tata Steel is leading the gainers list so far and is up by 4.01%. It is followed by Sesa Sterlite, Wipro, Jindal Steel and HCL Tech.
Top Nifty Losers: ONGC is leading the losers list so far and is down by 1.80%. It is followed by Reliance, IDFC, Hero Motocorp and Sun Pharma.
On the sectoral front, 12 out of the 13 indices are trading positively. Metals remained the top gainer and are trading higher by 222 points. It is followed by Bankex and Auto which are up by 100 points and 76 points respectively. Oil & gas is down by 109 points. Mid-caps and Small-caps are positive are higher by 60 points and 51 points respectively.
The Asian markets continued to maintain their momentum. The Hang Seng is up by 254 points. Shanghai Composite Index is up by 54 points. However, Nikkei were trading down by 238 points.
Buzzer: Wipro rose 4.09% to hit day high at Rs 577.50 in intraday trade. We may see stock to move northward in few trading session.
Today Nifty Futures trading at 6523 level. If we see a closing above the mentioned level, it will be indicative of more positive movement ahead.
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