MARKET ANALYSIS
The market rallied for the seventh consecutive session on Friday, spiking nearly 2000 points on the Sensex (in seven days). The Sensex today gained 272.82 points or 0.94 percent at 29278.84 and the Nifty jumped 60.15 points or 0.69 percent to 8821.55 on ECB stimulus.
About 1140 shares have advanced, 1803 shares declined, and 253 shares are unchanged on the BSE. Tata Power saw huge buying interest in late trade, up nearly 7 percent.
Tata Motors and Bharti Airtel rallied close to 4 percent. DLF spiked 5.5 percent, and Cairn India jumped over 4 percent on rise in crude oil prices. Cipla, L&T, HDFC Bank, HUL, M&M and Sesa Sterlite gained 2-3 percent whereas PNB, GAIL, BHEL, HCL Technologies and ONGC were down 1-2.7 percent.
ECONOMY ANALYSIS
Sensex up 273 pts, Nifty ends above 8800 for 1st time ever
Sensex up 273 pts, Nifty ends above 8800 for 1st time ever
ENIL up 5%, govt to e-auction 135 channels of pvt FM radio
Colgate Q3 profit rises 16% to Rs 131 cr on strong EBITDA
No comments:
Post a Comment