ECONOMY ANALYSIS
- Putin retreat fires up Sensex, Nifty; metals & banks zoom
- Sebi Vs Sahara: Subrata Roy to remain in custody, says SC
- Bharti Infratel, Rel Jio ink tower infra sharing pact
- Two-wheeler race: Honda scooters help widen lead over Bajaj
- TCS announces partnership with Microsoft Business Solutions
- Thomas Cook up 3%, partners with Y-Axis for consultancy
- Rupee may see further recovery in near-term: HSBC
MARKET ANALYSIS
- MUMBAI: The Nifty broke out of its narrow range and surged above 6,275 level following media reports that Russian President Vladimir Putin has ordered troops to return to their bases.
- "Russian President Vladimir Putin has ordered troops that took part in military exercises this week to return to base, Russian news agencies quoted the Kremlin spokesman as saying on Tuesday," reported Reuters.
- Commodities prices eased with gold declining $12 per oz and crude oil prices slipped $1 per barrel.
- At 12:05 p.m.; the 50 -share index was at 6,268.85, up 47.40 points or 0.76 per cent. It touched a high of 6,277.40 and a low of 6,215.70 in trade today.
- The S&P BSE Midcap Index was up 0.88 per cent and the BSE Smallcap Index gained 0.79 per cent.
- Among the sectoral indices the S&P BSE Metal Index surged 1.90 per cent, the S&P BSE Bankex gained 1.44 per cent and the S&P BSE FMCG Index advanced 0.98 per cent.
MARKET INDICES
INDIAN MARKET
|
INDEX
|
CLOSE
|
CHANGE
|
% CHANGE
|
|
SENSEX
|
21209.73
|
263.08
|
1.26
|
|
NIFTY
|
6297.95
|
76.50
|
1.23
|
|
BANK NIFTY
|
10929.05
|
277.10
|
2.60
|
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