ECONOMY ANALYSIS
Modi slams Pakistan for proxy war against India
See June IIP around 5.8%; July CPI ticking up to 7.6%: Poll
US demands justice for 'unconscionable crime' of MH17
India cuts 2014 monsoon rains forecast; says no evidence of drought
Expect MIS revenue growth of 20% in FY15: Jain Irrigation
Britannia plans up to Rs 200 cr capex over two years
MARKET ANALYSIS
The S&P BSE Sensex rallied nearly 400 points in intraday trade on Tuesday
led by gains in auto, capital goods and oil & gas sectors.
Tracking the momentum, the 50-share Nifty index also surged over 100 points to
close above its crucial psychological resistance level of 7700, supported by gains in
Tata MotorsBSE 5.92 %, GAILBSE 6.02 %, HDFC, ONGCBSE 3.21 % and BPCL.
The 30-share index closed at 25,880.77, up 361.53 points or 1.42 per cent. It
touched intraday high of 25,904.98 and a low of 25,645.79 in trade today.
The Nifty ended the trade at 7,727.05, up 101.10 points or 1.33 per cent. It touched
an intraday high of 7,735.75 and a low of 7,654.80 in trade today.
The foreign institutional investors were net sellers worth Rs 162.92 crore and
domestic institutional investors were net buyers worth Rs 234.41 crore on Monday
as per the provisional data from the National Stock Exchange.
Modi slams Pakistan for proxy war against India
See June IIP around 5.8%; July CPI ticking up to 7.6%: Poll
US demands justice for 'unconscionable crime' of MH17
India cuts 2014 monsoon rains forecast; says no evidence of drought
Expect MIS revenue growth of 20% in FY15: Jain Irrigation
Britannia plans up to Rs 200 cr capex over two years
MARKET ANALYSIS
The S&P BSE Sensex rallied nearly 400 points in intraday trade on Tuesday
led by gains in auto, capital goods and oil & gas sectors.
Tracking the momentum, the 50-share Nifty index also surged over 100 points to
close above its crucial psychological resistance level of 7700, supported by gains in
Tata MotorsBSE 5.92 %, GAILBSE 6.02 %, HDFC, ONGCBSE 3.21 % and BPCL.
The 30-share index closed at 25,880.77, up 361.53 points or 1.42 per cent. It
touched intraday high of 25,904.98 and a low of 25,645.79 in trade today.
The Nifty ended the trade at 7,727.05, up 101.10 points or 1.33 per cent. It touched
an intraday high of 7,735.75 and a low of 7,654.80 in trade today.
The foreign institutional investors were net sellers worth Rs 162.92 crore and
domestic institutional investors were net buyers worth Rs 234.41 crore on Monday
as per the provisional data from the National Stock Exchange.
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