May 29, 2013

Market Pulse - 29 May, 2013

Wed, May 29, 2013 at 10:00 AM
Markets opened flat, weighed by banking sector shares.
Markets after opening marginally positive slipped into negative zone. Sensex opened up by 41.69 points or 0.21% at 20,202.51 is current at 20,111.64 down by 49.18 points or 0.24%, while Nifty opened up by 9.20 points or 0.15% at 6,120.45 is down by 15.55 points or 0.25% at 6,095.70.

Sectoral wise, IT index is up by 0.80%, HEalthcare index up by 0.60%, while Bankex fell by 0.70%, Power, Capital Goods and Oil & Gas indices declined around 0.30% each.

Major stock movers were, Coal India Limited up by 1.1%, Sun Pharmaceuticals surged by 3%, Tata Consultancy Services and Wipro Limited gaining 0.50% and 1%, while Hindalco Industries Limited slipped by 1.50%, Dr Reddys Laboratories fell by 1.20%.

Overall market breadth is neutral with 804 shares advanced compared to 802 shares declined.

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