A Sluggish Day Ends, Reliance Down By 2.8%.
Suparna / 25 Mar 2014
The 50 share Nifty index closed a lethargic day higher by 6 points at an all time high closing of 6589, whereas the Bombay Stock Exchange ended flat, lower by 0.27 points at 22055. Owing to global cues the Asian markets ended their trading session in the negative zone. BHEL was the biggest gainer of the day, up by 4.52%.
The Indian markets witnessed a slow and steady movement in today’s session. Capital Good saw some positive trade, however IT and Oil & Gas made some deep dives. The Nifty closed positive by 6 points at 6589 and Sensex was 0.27 points lower at 22055.
The advance-decline ratio on NSE was on the negative side as the day ended with 1427 shares in green and 1922 shares in the red zone.
Top Nifty Gainers: BHEL gained 4.52% in today’s trade, followed by DLF, Hero Motocorp, BPCL and Power Grid Corp.
Top Nifty Losers: Reliance closed the day lower by 2.88%, followed by Wipro, Sesa Sterlite, M&M and Ambuja Cement.
Most of the sectoral indices closed on a positive note. Capital Goods and Consumer Durables witnessed a good recovery by 193 points and 81 points respectively. Bankex and Auto also recovered, around 40 points each. Mid-Caps and Small-Caps witnessed a nominal positive trade. However, Oil& Gas and IT closed in the negative territory.
All the major Asian markets closed the day on a negative note. Nikkei closed down by 52 points, whereas Hang Seng closed down by 114 points. Taiwan and Shanghai Composite also closed in the positive territory.
Buzzer: Hero Motocorp was up by more than 3.3% on the bourses today and closed near the technical level of Rs 2200. If the stock opens above this level, it may touch the Rs 2240 mark in the next few sessions.
Nifty Future is above the technical level of 6600, indicating good strength at lower level which is around 6580.
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.