DAILY MARKET ANALYSIS
- The market made a strong closing on late buying. The Sensex ended up 219.39 points or 0.8 percent at 27396.38 and the Nifty was up 71.80 points or 0.9 percent at 8285.60. About 1650 shares advanced, 1086 shares declined and 146 shares were unchanged.
- In a major boost to the market, World Bank estimates India’s GDP growth at 7.5 percent in FY16 and 7.9 percent in FY17. It says that India needs to further rationalise subsidies. World Bank thinks tax-to-GDP ratio may rise after India implements GST but land acquisition remains hurdle in the country's efforts to boost infrastructure.
Markets @ close
Sensex at 27,396.38; up 219.39 points. Nifty @ 8,285.60; up 71.80 points.
Top Gainers
icici bank (7.5%), maruti (5.1%), bhel (2.3%), ntpc (2.0%), axis bank (1.9%)
icici bank (7.5%), maruti (5.1%), bhel (2.3%), ntpc (2.0%), axis bank (1.9%)
Top Losers
Itc (-2.4%), cil (-1.6%), infosys (-1.6%), ril (-1.3%), hul (-1.0%)
Itc (-2.4%), cil (-1.6%), infosys (-1.6%), ril (-1.3%), hul (-1.0%)
Hey, I just visited your blog and it looks like you had done quite good work, i m looking for Free Commodity Tips.
ReplyDelete