ECONOMY ANALYSIS
Sensex, Nifty close at fresh record highs
BPCL, HPCL, IOC rally 6-7% on decline in crude prices
Tata Power jumps 4%, MERC grants 25-yr distribution licence
Tata Motors jumps 3% on JLR July sales; Macquarie bullish
Two large mortgage cases became NPAs in Q1: Reliance Cap
P-Notes investment drops to $34 billion in July
MARKET ANALYSIS
The Indian markets were on a roll today, with the Sensex and Nifty making
fresh life highs, led by gains in banks, auto and energy counters.
The new life high for Sensex is 26,406.92; and that for Nifty is 7,880.50.
The Nifty extended its winning streak for fifth consecutive session as FIIs
continued to pump in dollars in Indian markets on expectations of pick-up in
economy
Sudip Bandyopadhyay, President, Destimoney Securities, is of the view that
the market will continue to move upward
The S&P BSE Sensex closed at 26,390.96, up 287.73 points or 1.10 per cent.
It touched an all-time high of 26,406.92 and a low of 26,075.28 in trade
today.
The 50-share index ended at 7,874.25, up 82.55 points or 1.06 per cent. It
touched an all-time high of 7,880.50 and a low of 7,779.20 in trade today.
Sensex, Nifty close at fresh record highs
BPCL, HPCL, IOC rally 6-7% on decline in crude prices
Tata Power jumps 4%, MERC grants 25-yr distribution licence
Tata Motors jumps 3% on JLR July sales; Macquarie bullish
Two large mortgage cases became NPAs in Q1: Reliance Cap
P-Notes investment drops to $34 billion in July
MARKET ANALYSIS
The Indian markets were on a roll today, with the Sensex and Nifty making
fresh life highs, led by gains in banks, auto and energy counters.
The new life high for Sensex is 26,406.92; and that for Nifty is 7,880.50.
The Nifty extended its winning streak for fifth consecutive session as FIIs
continued to pump in dollars in Indian markets on expectations of pick-up in
economy
Sudip Bandyopadhyay, President, Destimoney Securities, is of the view that
the market will continue to move upward
The S&P BSE Sensex closed at 26,390.96, up 287.73 points or 1.10 per cent.
It touched an all-time high of 26,406.92 and a low of 26,075.28 in trade
today.
The 50-share index ended at 7,874.25, up 82.55 points or 1.06 per cent. It
touched an all-time high of 7,880.50 and a low of 7,779.20 in trade today.
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