Benchmark Indices Trade In Green
Suparna / 31 Mar 2014
Indian markets started off on a positive note backed by favourable global cues. At present, Nifty and Sensex are up by 14 and 71 points to trade at 6711 and 22414 respectively.
The advance-decline ratio tilted towards positive side in the morning session. On the NSE, 1984 shares are trading positive while 1375 shares are trading in red.
Top Nifty Gainers: Jindal Steel is the top gainer in today’s morning session, up by 2.23% followed by Bharti Airtel, Maruti Suzuki, Hindalco and Sun Pharma.
Top Nifty Losers: Tech Mahindra is the top loser in the morning session, down by 1.82% followed by Wipro, Dr. Reddys Labs, IDFC and Tata Power.
On the sectoral front, 12 out of 13 sectors are trading in green. Consumer Durable index is top gainer which is trading higher by 177 points. It is followed by Metals and Auto indices which are up by 125 points and 116 points respectively. Broader markets, Mid-Caps and Small-Caps are up by 44 points and 61 points respectively.
On the global front, the Asian markets are giving out positive vibes to trade in a positive zone. Nikkei is the top gainer in the morning session, up by 89 points. The Hang Seng is trading higher by 50 points and Taiwan index is higher by 36 points.
Buzzers: Suzlon Energy surged by over 12.18%, hitting a day high of Rs. 11.35 after the company announced its plans to list, re-power and restructure its capital.
Nifty future is trading at 6747 with major support at 6680-6720 levels.
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