Markets trades in positive after 3 sessions on firm global cues :: HDFC Securities

Please Share::

�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��

��

-->
Statistics

The 30-share Sensex ended up 366 points at 27,275 and the 50-share Nifty ended up 133 points at 8,235. In the broader market, the BSE Mid-cap and Small-cap indices ended up 1.8% each. Market breadth ended strong with 2,050 gainers and 825 losers on the BSE. NSE cash turnover was at Rs. 17621.

Sectors & Stocks

All the sectoral indices ended in the green. BSE Realty index was the top sectoral gainer up 2.6% followed by Bankex, FMCG, Power, Auto and Capital Goods among others.

ICICI Bank, HDFC Bank, HDFC, SBI and Axis Bank ended up 0.8-2.5% each. Infosys ended up 0.7%.Coal India ended 0.8%.Berger Paints, Asian Paints and Kansai Nerolac Paints ended up between 4-10% each.

Way forward

Nifty closed up by 1.64%  after 3 days of fall. Nifty in todays session made higher top higher bottom formation on intraday basis. If  in coming session Nifty sustains  above 8225 level then traders could expect  Nifty to trade up to 8240 level followed by 8260. If Nifty  trades & sustains below 8225 level for 15 mins  then traders could expect down move up to 8145 followed by 8075 level.