ECONOMY ANALYSIS
Sensex closes 390 pts up; BHEL, Hindalco surge 6-8%
Govt yet to get clarity on HZL divestment from FinMin
Flipkart probe scare may not deter online Diwali sale fests
Polaris Financial Technology tanks 21%, quotes ex-demerger
Taneja Aerospace shares rally 18% on demerger buzz
FDI inflows to hit all-time high this fiscal: DIPP official
MARKET ANALYSIS
The S&P BSE Sensex galloped by as much as 442 points in trade on Thursday
to snap its three-day fall, after the US Federal Reserve in its latest policy meet
last night reassured investors that the central bank is in no hurry to raise
interest rates.
The S&P BSE Sensex closed 390.49 points higher at 26637.28 and the Nifty
ended 117.85 points higher at 7690.55 on Thursday.
Overnight, the US stocks ended higher by over 1 per cent with major indexes
posting their biggest one-day jumps of 2014. Tracking gains on the Wall
Street, both the Asian and European stocks duly followed suit.
Foreign institutional investors (FIIs), which have been the backbone of over
25 per cent rally seen in the BSE Sensex so far in the year 2014, became net
sellers in the past couple of weeks.
FIIs have sold net equities worth Rs 2172.90 crore in the last five trading
sessions, while domestic institutional investors (DIIs) remained net buyers.
Sensex closes 390 pts up; BHEL, Hindalco surge 6-8%
Govt yet to get clarity on HZL divestment from FinMin
Flipkart probe scare may not deter online Diwali sale fests
Polaris Financial Technology tanks 21%, quotes ex-demerger
Taneja Aerospace shares rally 18% on demerger buzz
FDI inflows to hit all-time high this fiscal: DIPP official
MARKET ANALYSIS
The S&P BSE Sensex galloped by as much as 442 points in trade on Thursday
to snap its three-day fall, after the US Federal Reserve in its latest policy meet
last night reassured investors that the central bank is in no hurry to raise
interest rates.
The S&P BSE Sensex closed 390.49 points higher at 26637.28 and the Nifty
ended 117.85 points higher at 7690.55 on Thursday.
Overnight, the US stocks ended higher by over 1 per cent with major indexes
posting their biggest one-day jumps of 2014. Tracking gains on the Wall
Street, both the Asian and European stocks duly followed suit.
Foreign institutional investors (FIIs), which have been the backbone of over
25 per cent rally seen in the BSE Sensex so far in the year 2014, became net
sellers in the past couple of weeks.
FIIs have sold net equities worth Rs 2172.90 crore in the last five trading
sessions, while domestic institutional investors (DIIs) remained net buyers.
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