ECONOMY ANALYSIS
Sensex, Nifty hit record high; Oil & Gas, Realty gain 5%
ONGC at record high, up 9.5% on natural gas price hike hope
Sugar stocks rally 5-17% on hopes of import tax hike
Infosys falls 2.5%, senior VP Prasad Thrikutam resigns
Signals, roadmaps to be watched in Jaitley's maiden Budget
Tea prices set to climb as poor weather hurting output
MARKET ANALYSIS
The S&P BSE Sensex rallied 400 points to touch its fresh lifetime high of
25,419.14 in trade on Friday. Tracking the momentum, as much as 773
stocks rose to their fresh 52-week high on the Bombay Stock Exchange.
The 50-share Nifty index also rose over 100 points to touch its fresh
record high of 7592.70 and as much as 449 stocks rose to their fresh 52-
week high on the National Stock Exchange.
Following the momentum, as much as 13 stocks out of 50 rose to their
fresh 52-week high on the NSE index which include names like Axis
BankBSE 1.39 %, Cairn India LtdBSE 2.31 %, HindalcoBSE -0.32 %,
DLF, Jindal Steel & Power, NMDCBSE -1.45 %, NTPCBSE 0.70 %,
SesaBSE -2.53 % Sterlite etc.
The S&P BSE Sensex finally closed 376.95 points higher or 1.51 per cent
at 25,396.46 to a fresh closing high. Following the momentum as much as
8 stocks rose to their fresh 52-week high on the BSE Sensex which
includes names like Axis Bank, Hindalco, L&T, NTPC, ONGCBSE 10.57
%, Sesa Sterlite, Tata PowerBSE 1.00 % and Tata Steel LtdBSE 0.93 %.
Sensex, Nifty hit record high; Oil & Gas, Realty gain 5%
ONGC at record high, up 9.5% on natural gas price hike hope
Sugar stocks rally 5-17% on hopes of import tax hike
Infosys falls 2.5%, senior VP Prasad Thrikutam resigns
Signals, roadmaps to be watched in Jaitley's maiden Budget
Tea prices set to climb as poor weather hurting output
MARKET ANALYSIS
The S&P BSE Sensex rallied 400 points to touch its fresh lifetime high of
25,419.14 in trade on Friday. Tracking the momentum, as much as 773
stocks rose to their fresh 52-week high on the Bombay Stock Exchange.
The 50-share Nifty index also rose over 100 points to touch its fresh
record high of 7592.70 and as much as 449 stocks rose to their fresh 52-
week high on the National Stock Exchange.
Following the momentum, as much as 13 stocks out of 50 rose to their
fresh 52-week high on the NSE index which include names like Axis
BankBSE 1.39 %, Cairn India LtdBSE 2.31 %, HindalcoBSE -0.32 %,
DLF, Jindal Steel & Power, NMDCBSE -1.45 %, NTPCBSE 0.70 %,
SesaBSE -2.53 % Sterlite etc.
The S&P BSE Sensex finally closed 376.95 points higher or 1.51 per cent
at 25,396.46 to a fresh closing high. Following the momentum as much as
8 stocks rose to their fresh 52-week high on the BSE Sensex which
includes names like Axis Bank, Hindalco, L&T, NTPC, ONGCBSE 10.57
%, Sesa Sterlite, Tata PowerBSE 1.00 % and Tata Steel LtdBSE 0.93 %.
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