India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
Markets Today
The trend deciding level for the day is 20186 / 6040 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 20368 – 20480 / 6088 – 6115 levels. However, if NIFTY
trades below 20186 / 6040 levels for the first half-an-hour of trade then it may
correct up to 20074 – 19892 / 6013 - 5965 levels
Dealer’s Diary
The Indian benchmark indices opened the session in green, taking cues from
overnight US markets and Asian indices, which traded positive in the morning.
The market traded in a narrow band of 0.4% for the first two hours but soon
picked up momentum in the afternoon session. Strong buying across the
counters took the market higher without much selling pressure. While minor
sell-off was seen at the onset of the final session, buying soon resumed, taking
indices higher to close at the day’s high. The market breadth was strong. All the
13 sectoral indices on the BSE were in green. The BSE Sensex and Nifty ended
the session with gains of 1.2% and 1.1%, respectively. BSE mid-cap and smallcap
indices also closed with gains of 0.5% and 1.1%, respectively. Among the
front liners, HUL, Bharti Airtel, Sterlite Industries, HDFC Bank and ITC gained
2–3%, while Cipla, Wipro and RCOM lost 0–1%. Among mid-caps, Gujarat
Fluorochemicals, MindTree, Ruchi Soya, Greaves Cotton and HCC gained
4–7%, while Money Matters, Shree Ashtavinayak, United Breweries, Amtek Auto
and Sterling International lost 3–5%.
No comments:
Post a Comment