ECONOMY ANALYSIS
Nifty ends August series above 7950; BHEL tops buy list
Govt notifies Act to empower Sebi with extra powers
PSU banks decline 1-5% on reports of EOW probe in FD scam
Adani buys Australia coal mine royalty rights from Linc for $145
million
Supreme Court directs DLF to pay Rs 630 cr penalty
Bajaj Auto up 2%, Deutsche Bank upgrades to hold from sell
MARKET ANALYSIS
Riding high on capital inflows, the benchmark Sensex today rose 77.96 points
to end at new peak of 26,638.11 and logged the seventh straight month of
gains in August as investors cheered steps taken by the Modi government
to bring the back the economy on high growth path.
Gains were seen in blue chips amid volatility as monthly derivative contracts
expired today and partcipants eyed GDP April-June quarter data scheduled
for release tomorrow.
The BSE Sensex hit life high of 26,674.38 during the session today. At
closing level, the index surpassed its previous closing peak of 26,560.15 hit
yesterday. It extended winning run to sixth day in which it has gained 324
points.
The NSE Nifty barometer gained 18.30 points, or 0.23 per cent, to settle at
record 7,954.35, breaching its previous peak of 7,936.05 reached yesterday.
Intra-day, it touched a high of 7,967.80, just missing the life high of
7,968.25 hit on August 25.
Nifty ends August series above 7950; BHEL tops buy list
Govt notifies Act to empower Sebi with extra powers
PSU banks decline 1-5% on reports of EOW probe in FD scam
Adani buys Australia coal mine royalty rights from Linc for $145
million
Supreme Court directs DLF to pay Rs 630 cr penalty
Bajaj Auto up 2%, Deutsche Bank upgrades to hold from sell
MARKET ANALYSIS
Riding high on capital inflows, the benchmark Sensex today rose 77.96 points
to end at new peak of 26,638.11 and logged the seventh straight month of
gains in August as investors cheered steps taken by the Modi government
to bring the back the economy on high growth path.
Gains were seen in blue chips amid volatility as monthly derivative contracts
expired today and partcipants eyed GDP April-June quarter data scheduled
for release tomorrow.
The BSE Sensex hit life high of 26,674.38 during the session today. At
closing level, the index surpassed its previous closing peak of 26,560.15 hit
yesterday. It extended winning run to sixth day in which it has gained 324
points.
The NSE Nifty barometer gained 18.30 points, or 0.23 per cent, to settle at
record 7,954.35, breaching its previous peak of 7,936.05 reached yesterday.
Intra-day, it touched a high of 7,967.80, just missing the life high of
7,968.25 hit on August 25.
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