Markets Turn Negative
Suparna / 31 Mar 2014
The Indian markets turn negative in mid-session. Nifty is trading down by 20 points at 6674 and Sensex is 46 points lower at 22293. The indices are trading negative in a range of 0.30%-0.20%.
The Indian markets turn negative in mid-session. Nifty is trading down by 20 points at 6674 and Sensex is 46 points lower at 22293. The indices are trading negative in a range of 0.30%-0.20%.
The advance-decline ratio is positive. On the NSE, 1865 shares are in the green and 1488 shares are in red.
Top 5 Nifty Gainers: So far, Hindalco is leading the gainers list, up by 5.27%. Jindal Steel, Tata Steel, UltraTech Cement and ACC are also positive.
Top 5 Nifty Losers: IDFC is down by 3.18%, followed by Bank of Baroda, Dr Reddys Labs, ONGC and Tech Mahindra.
On the sectoral front, 7 out of the 13 sectors are trading positively. Metals were top gainers, up by 295 points, Consumer Durables were up by 185 points and Auto was 113 points higher. Mid-Cap is up by 32 points, while small-cap is up by 46 points.
The Asian markets continue to give positive signals since morning. Nikkei is the top gainer so far, up by 131 points, while Hang Seng is up by 85 points. Strait Times and Taiwan also remained in green.
Buzzer: Hindalco Industries stock gained 7% and hit 52-week high at Rs. 140.35.
Nifty futures have been able to sustain above 6700 levels in today's mid-session. The markets are hoping for some recovery from the current levels to reach a level of 6717.
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