ECONOMY ANALYSIS
Sensex, Nifty at record closing high; steel gains, HUL up 2%
Cairn falls 6%: Analysts still suggest to buy post Q1 nos
TVS Motor Q1 misses estimates, profit up 39% to Rs 72.3 cr
JP Power down 7%, TAQA annuls Rs 10500cr buyout transaction
Ambuja Cements Q2 profit seen up 18% to Rs 384 cr: Poll
Ipca Labs plunges 10%, temporarily suspends shipments to US
MARKET ANALYSIS
The S&P BSE Sensex picked up momentum in afternoon trade on
Thursday to hit fresh record highs of 26292.66, led by gains in metals,
realty capital goods and power stocks.
Tracking the momentum, the 50-share Nifty index also managed to hit a
record a high of 7835.65, supported by gains in Tata SteelBSE 2.18 %,
Bank of BarodaBSE 3.34 %, HindalcoBSE 2.30 %, SesaBSE 0.93 %
Sterlite and IDFC.
The BSE Sensex closed 137.02 points up at 26271.85.
The 50-share Nifty index ended the trade 34.85 points up at 7830.60.
Sensex, Nifty at record closing high; steel gains, HUL up 2%
Cairn falls 6%: Analysts still suggest to buy post Q1 nos
TVS Motor Q1 misses estimates, profit up 39% to Rs 72.3 cr
JP Power down 7%, TAQA annuls Rs 10500cr buyout transaction
Ambuja Cements Q2 profit seen up 18% to Rs 384 cr: Poll
Ipca Labs plunges 10%, temporarily suspends shipments to US
MARKET ANALYSIS
The S&P BSE Sensex picked up momentum in afternoon trade on
Thursday to hit fresh record highs of 26292.66, led by gains in metals,
realty capital goods and power stocks.
Tracking the momentum, the 50-share Nifty index also managed to hit a
record a high of 7835.65, supported by gains in Tata SteelBSE 2.18 %,
Bank of BarodaBSE 3.34 %, HindalcoBSE 2.30 %, SesaBSE 0.93 %
Sterlite and IDFC.
The BSE Sensex closed 137.02 points up at 26271.85.
The 50-share Nifty index ended the trade 34.85 points up at 7830.60.
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