ECONOMY ANALYSIS
Sensex gains 321 pts, Nifty closes above 7600; ICICI up 5%,
Bajaj Auto drags
June trade deficit touches 11-month high at $11.76 bn
Kotak Mahindra Bank Q1 net up 11%, asset quality improves
Adani Ports' special economic zone gets environment clearance
Sun Pharma acquires US-based firm | Hits 52-wk high
MARKET ANALYSIS
The S&P BSE Sensex surged over 350 points or over 1 per cent in trade
on Wednesday and was Asia's top performing index. The rally in the
index was led by gains in ICICI BankBSE 4.70 %, RILBSE 1.73 %, Axis
BankBSE 3.57 % and State Bank of IndiaBSE 2.26 %.
Tracking the momentum, the 50-share Nifty index also managed to
surpass its crucial psychological level of 7600 in trade today, supported by
gains in banks, realty, power and metal stocks.
The BSE Sensex was trading 1.14 per cent higher or 321 points at 25550.
It hit a low of 25,246.75 and a high of 2,5602.78 in trade today.
The 50-share Nifty index was trading 1.20 per cent higher or 98 points at
7,624. It hit a low of 7,532.45 and a high of 7,640.10 in trade today..
/38423690.
Sensex gains 321 pts, Nifty closes above 7600; ICICI up 5%,
Bajaj Auto drags
June trade deficit touches 11-month high at $11.76 bn
Kotak Mahindra Bank Q1 net up 11%, asset quality improves
Adani Ports' special economic zone gets environment clearance
Sun Pharma acquires US-based firm | Hits 52-wk high
MARKET ANALYSIS
The S&P BSE Sensex surged over 350 points or over 1 per cent in trade
on Wednesday and was Asia's top performing index. The rally in the
index was led by gains in ICICI BankBSE 4.70 %, RILBSE 1.73 %, Axis
BankBSE 3.57 % and State Bank of IndiaBSE 2.26 %.
Tracking the momentum, the 50-share Nifty index also managed to
surpass its crucial psychological level of 7600 in trade today, supported by
gains in banks, realty, power and metal stocks.
The BSE Sensex was trading 1.14 per cent higher or 321 points at 25550.
It hit a low of 25,246.75 and a high of 2,5602.78 in trade today.
The 50-share Nifty index was trading 1.20 per cent higher or 98 points at
7,624. It hit a low of 7,532.45 and a high of 7,640.10 in trade today..
/38423690.
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