Tuesday 13 January 2015

Nifty steady, up 28 points

The Indian equity market continues to trade on a mixed note. The NSE Nifty is out-performing the BSE Sensex, the Nifty index is up 28 points at 8,351, while, the BSE benchmark index is up 20 points at 27,650.

The India VIX (Volatility) index has pared gains, but still holds gain of around over a per cent at 16.3075. 

The Small-cap and Nifty Junior indices are still trading with a gain of 0.5 per cent each at 5,361 and 18,813, respectively.

The Mid-cap index is slightly up at 3,383. In sectors, the Metal, FMCG, Pharma and Bank Nifty indices are the major gainers - up 0.5 per cent each.

On the other hand, the Realty index has dropped over a per cent at 198 and the Energy index has also declined nearly a per cent at 8,404.

The breadth remains positive - out of 1,734 stocks traded on the NSE so far 865 stocks have advanced, while 619 stocks are declining.

The European markets start in red, the CAC index has declined over 0.5 per cent at 4,202 and the FTSE index has moved down 0.4 per cent at 6,477.

In the Metal space, Hindustan Copper has zoomed almost 5 per cent to Rs. 73.70.

Orissa Minerals has surged 2.5 per cent at Rs. 3,270. NMDC has jumped over 2 per cent at Rs. 136. 

Jindal Steel has spurted almost 2 per cent at Rs. 152. GMDC, Hindalco and Sesa Sterlite have also climbed over a per cent each. On the losing side, SAIL has slipped 2 per cent at Rs. 78.40. National Aluminium has dropped 1.5 per cent at Rs. 48.90.

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