ECONOMY ANALYSIS
Sensex ends 75 higher, Nifty at 8589; L&T, DRL gainers
Rolta bags Smart City, 3D Mapping projects in Mid East
India looks to barter surplus 4 MT sugar
Motherson Sumi Systems Q1 misses forecast, profit up 62.5%
Shoppers Stop rises 7%, gets into partnership with Snapdeal
REC Q1 profit seen up 3.6%, loan growth may be healthy
MARKET ANALYSIS
Fag-end buying in blue chip stocks helped the S&P BSE Sensex settle an otherwise listless day up 75.05 points, or 0.27 per cent, at 28,298.13.
The 50-share Nifty index closed the session at 8,588.65, up 20.70 points, or 0.24 per cent. The gains on benchmark indices were led by index heavyweights such as L&T, HDFC Bank, SBI and TCS.
The S&P BSE Midcap Index closed 0.36 per cent higher, while the S&P BSE Smallcap index settled 0.12 per cent lower in trades today.
Overall, the market breadth remained positive, with 18 of 30 Sensex stocks ending in the red.
During the trading hours, stocks of Motheson Sumi fell over 5 per cent in intraday trade after then company announced its Q1 results. The company's consolidated net profit rose by a below estimate 62% to Rs 266 crore for the quarter ended June.
MajorEuropean markets were quoting with a negative bias. France's CAC 40 lost a modest 0.08 per cent, Britain's FTSE 100 fell over 0.4 per cent, while German DAX shed a modest 0.1 per cent
Sensex ends 75 higher, Nifty at 8589; L&T, DRL gainers
Rolta bags Smart City, 3D Mapping projects in Mid East India looks to barter surplus 4 MT sugar
Motherson Sumi Systems Q1 misses forecast, profit up 62.5%
Shoppers Stop rises 7%, gets into partnership with Snapdeal
REC Q1 profit seen up 3.6%, loan growth may be healthy
MARKET ANALYSIS
Fag-end buying in blue chip stocks helped the S&P BSE Sensex settle an otherwise listless day up 75.05 points, or 0.27 per cent, at 28,298.13.
The 50-share Nifty index closed the session at 8,588.65, up 20.70 points, or 0.24 per cent. The gains on benchmark indices were led by index heavyweights such as L&T, HDFC Bank, SBI and TCS.
The S&P BSE Midcap Index closed 0.36 per cent higher, while the S&P BSE Smallcap index settled 0.12 per cent lower in trades today.
Overall, the market breadth remained positive, with 18 of 30 Sensex stocks ending in the red.
During the trading hours, stocks of Motheson Sumi fell over 5 per cent in intraday trade after then company announced its Q1 results. The company's consolidated net profit rose by a below estimate 62% to Rs 266 crore for the quarter ended June.
MajorEuropean markets were quoting with a negative bias. France's CAC 40 lost a modest 0.08 per cent, Britain's FTSE 100 fell over 0.4 per cent, while German DAX shed a modest 0.1 per cent
No comments:
Post a Comment