Markets trade frimly in the positive territory : 20/05/2014

Markets trade frimly in the positive territory
20/05/2014 10:34
The Indian markets continue trade firmly higher in the early trade, although gains remain modest after recent sharp gains. Investors await economic policy revival that will make quick fixes to revive the investment cycle. The markets elsewhere across Asia are trading mixed amid a lack of fresh triggers.

At 10:14AM BSE SENSEX was at 24498.06 up by 135.01 points or by 0.55 percent and then NSE Nifty was at 7304.45 up by 40.9 points or by 0.56 percent.

The top gainers of the BSE Sensex pack were Sesa Sterlite Ltd. (Rs. 238.10,+4.64%), Tata Steel Ltd. (Rs. 467.05,+3.50%), Hindalco Industries Ltd. (Rs. 156.80,+3.12%), Wipro Ltd. (Rs. 493.55,+2.50%), Bharti Airtel Ltd. (Rs. 345.20,+2.04%), among others.

The top losers of the BSE Sensex pack were Oil And Natural Gas Corporation Ltd. (Rs. 403.40,-3.12%), Coal India Ltd. (Rs. 378.50,-2.86%), Hero MotoCorp Ltd. (Rs. 2402.25,-1.72%), Reliance Industries Ltd. (Rs. 1101.75,-1.65%), GAIL (India) Ltd. (Rs. 425.15,-1.22%), among others.

The top gainers of the NSE Nifty pack were IDFC Ltd. (Rs. 136.65,+4.35%), Power Grid Corporation of India Ltd. (Rs. 126.15,+3.19%), Sesa Sterlite Ltd. (Rs. 235.00,+3.18%), Tata Steel Ltd. (Rs. 464.60,+3.07%), Bharat Heavy Electricals Ltd. (Rs. 273.65,+2.66%), among others.

The top losers of the NSE Nifty pack were Oil And Natural Gas Corporation Ltd. (Rs. 404.50,-2.94%), Coal India Ltd. (Rs. 380.50,-2.17%), Punjab National Bank (Rs. 995.00,-1.86%), Hero MotoCorp Ltd. (Rs. 2404.00,-1.81%), Reliance Industries Ltd. (Rs. 1100.00,-1.79%), among others. In BSE, BSE Realty index was at 1812.5 up by 96.03 points and BSE_CDS index was at 7819.41 up by 191.27 points. The Market breadth, indicating the overall strength of the market, was positive. On BSE out of total shares traded 2187, shares advanced were 1653 while 466 shares declined and 68 were unchanged.