Markets are trading firm in the noon deals of Tuesday with the benchmark index Sensex gaining 164 points or 1.1 per cent. It is trading at 15,560 levels.
Broader market index Nifty also gained 36 points or 0.8 per cent and it is trading at 4608 levels.
“Markets are moving in line with crude movement and I expect it to be range bound in the coming days. We are witnessed huge selling on rise. I won’t advice sugar stocks at the current levels,” said Sandeep Wagle, Chief Technical Analyst, Angel Broking.
Buying is evident in realty, capital goods, IT and banking stocks by over 0.4 per cent each.
Other Asian markets are trading weak on Tuesday. South Korea's Kospi and Japan's Nikkei are trading in red territory by over 0.4 per cent each.
HDFC Bank at Rs 1211 jumped 5.3 per cent or Rs 60 and it is the biggest gainer among the BSE-30 scrips. Other major gainers in this pack are Housing Development Finance, State Bank of India and L&T.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment