Monday, 16 February 2015

Market Make a positive starts of The New Week


History repeate itself as in yesterday india won with 76 run against Pakistan a great victory.

same as The Indian markets extending their bull run surged in last session and both the major indices added gains of about a percent. Today, the start of the new week is likely to be in green on supportive global cues.

 

Realty, automobile and FMCG stocks are among the prominent gainers this morning. Select stocks from banking, power, oil and information technology sectors have also edged higher, while capital goods, consumer durables and healthcare stocks are a bit weak.

Tata Motors, Sesa Sterlite, Bharti Airtel, Coal India, Tata Consultancy Services, State Bank of India, Hindustan Unilever, Mahindra & Mahindra, Hindalco and ITC are up 1% - 2%

 

HDFC Bank has moved up 1% on strong results.BPCL, up 3.2%, is the top gainer in the Nifty index.Meanwhile, Sun Pharmaceutical Industries has shed over 3%

 

BHEL and Jindal Steel & Power are down 1.4% and 1.2%, respectively. Asian Paints, Lupin and Larsen & Toubro are lower by 0.5% - 0.7%.

 

The BSE benchmark Sensex, which rose to 29,249.23 in early trades, gaining around 230 points in the process, is currently up 154.46 points or 0.53% at 28,246.10 The Nifty index of the National Stock Exchange is up 45.70 points or 0.52% at 8851.20, after rising to 8870.10 earlier.

 

The US markets made a modestly positive closing in last session supported by some upbeat economic news from Europe and rise in crude oil prices.


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