Monday 21 October 2013

Sensex trading flat; Capital goods, realty stocks major gainers

The Sensex and Nifty were trading marginally in the green in the pre-close session on Monday amid mixed European cues.

At 3.20 p.m., the 30-share BSE index Sensex was up 32.22 points (0.15 per cent) at 20,915.11 and the 50-share NSE index Nifty was up 25.8 points (0.42 per cent) at 6,215.15.

On the BSE, capital goods and realty indices were the star-performers and were up 4.04 per cent and 3.1 per cent, respectively, followed by metal 1.76 per cent and power 1.00 per cent.

On the other hand, FMCG index fell the most by 1.08 per cent, followed by IT 0.35 per cent and TECk 0.14 per cent.

Among 30-share Sensex, L&T, Hindalco, Maruti, Tata Steel and SSLT were the top five gainers, while the top five losers Jindal Steel, ITC, TCS, BHEL and Bharti Airtel.

European stocks were trading mixed and Asian stocks were up amid speculation that the US Federal Reserve will delay the stimulus cuts.

A report by Angel broking said: “Asian markets are trading higher amid speculation that the US Federal Reserve will delay stimulus cuts. US markets moved mostly higher over the course of the trading day on Friday, extending the upward trend seen in recent sessions.”

Stoxx 50 was down 8.19 points or 0.27 per cent at 3,025.12, FTSE 100 rose 15.34 points or 0.23 per cent to 6,637.92 and DAX fell 11.03 points or 0.12 per cent to 8,854.07.

Japan's Nikkei rose 132.03 points or 0.91 per cent to 14,693.60, Hong Kong's Hang Seng was up 26.31 points or 0.11 per cent at 23,366.40 and Australia's S&P/ASX 200 rose 30.31 points or 0.57 per cent to 5,351.77

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