Wednesday, 19 March 2014

Market Witnessing Choppy Trade, IT Sector In Focus

The Indian markets opened on a positive flat note, triggered by firm Asian stocks. However, markets are currently witnessing a volatile trade as heavy weights witness selling pressure ahead of the US Federal Reserve policy review later today. As a result the Indices tanked the Nifty up by 14 points at 6531 level and Sensex up by 30 points at 21863 levels. Both indices are up in the range of 0.24%.

The advance-decline ratio is on the positive side in the morning session. On the NSE, 1782 shares are trading in gains and 1555 shares are down.

Nifty future is currently trading at 6554 level. Below this level may see more down fall. -

Top Nifty Gainers: Hindalco is the top gainer for today’s morning session up by 3.79% followed by Tata Steel, Axis Bank, Lupin and Sesa Sterlite Only. 

Top Nifty Losers: TCS is the top loser for today’s morning session down by 4.10% followed by Tata Power, Infosys, ONGC and Wipro.

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