ECONOMY ANALYSIS
Sensex ends above 26k; Bharti up 5%, Maruti & Axis fall
Asian Paints Q1 profit rises 23% on strong revenue, EBITDA
Thermax disappoints, Q1 profit falls 18%, order book drops
GDP growth at 5.5% in Q1 current FY expected: SBI
Over Rs 5,840 cr loss for airline industry in 2012-13'
Ultratech Cement falls 3%, brokerages downgrade post Q1 nos
MARKET ANALYSIS
The S&P BSE Sensex rallied over 300 points in trade on Tuesday to end
above its crucial psychological resistance level of 26,000.
The rally in the index was was led by gains in Reliance IndustriesBSE
3.35 %, HDFC BankBSE 1.43 %, Bharti AirtelBSE 4.81 % and ITCBSE
0.80 %.
The BSE Sensex has rallied 3% in over six days to become world's top
performing index, ET Now reported.
Tracking the momentum, the 50-share Nifty index also managed to
reclaim its crucial psychological level of 7750, supported by gains in
realty, power, oil & gas and realty stocks.
The BSE Sensex closed at 26,025.80 up 310.63 points. It hit a day high of
26,050.38 and low of 25,780.39 in trade today.
The 50-share Nifty index closed at 7,767.85 up 83.65 points. It hit a day
high of 7,773.85 and low of 7,704.80 in trade today.
Sensex ends above 26k; Bharti up 5%, Maruti & Axis fall
Asian Paints Q1 profit rises 23% on strong revenue, EBITDA
Thermax disappoints, Q1 profit falls 18%, order book drops
GDP growth at 5.5% in Q1 current FY expected: SBI
Over Rs 5,840 cr loss for airline industry in 2012-13'
Ultratech Cement falls 3%, brokerages downgrade post Q1 nos
MARKET ANALYSIS
The S&P BSE Sensex rallied over 300 points in trade on Tuesday to end
above its crucial psychological resistance level of 26,000.
The rally in the index was was led by gains in Reliance IndustriesBSE
3.35 %, HDFC BankBSE 1.43 %, Bharti AirtelBSE 4.81 % and ITCBSE
0.80 %.
The BSE Sensex has rallied 3% in over six days to become world's top
performing index, ET Now reported.
Tracking the momentum, the 50-share Nifty index also managed to
reclaim its crucial psychological level of 7750, supported by gains in
realty, power, oil & gas and realty stocks.
The BSE Sensex closed at 26,025.80 up 310.63 points. It hit a day high of
26,050.38 and low of 25,780.39 in trade today.
The 50-share Nifty index closed at 7,767.85 up 83.65 points. It hit a day
high of 7,773.85 and low of 7,704.80 in trade today.
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