Tuesday, 10 February 2015

indian indices was green today

The 30-share Sensex was gain 22.70 (0.11%) points at 28,256 and the 50-share Nifty also rises 10.20 (0.16%)points at 8,540.

Benchmark indices have trimmed some of the early gains but are still trading firm helped primarily by the rebound in banks, metals and select auto shares.
At 2:46, the 30-share Sensex was gain22.70 (0.11%) points at 28,250 and the 50-share Nifty also rises points at 8,540.
In the broader market, both the BSE Midcap and Smallcap indices, up 0.7% each have performed marginally better than the front-liners.
The government on Monday estimated India’s economic growth this financial year at 7.4%, against 6.9% in 2013-14, as the country changed its definition of gross domestic product (GDP) and the base year for calculating it.
The estimated growth for 2014-15 is the same as China’s growth for 2014.
Earlier, both the International Monetary Fund and the World Bank had said India’s growth would exceed China’s by 2016-17. Capital Goods and Power shares will be in focus.
Meanwhile, foreign portfolio investors continued to remain sellers in Indian equities with net sale of Rs 660.30 crore on Monday, as per provisional data


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