ECONOMY ANALYSIS
Sensex, Nifty end flat; small & midcaps rally, autos drag
Fiscal deficit target of 4.1% challenging but achievable: Citi
SpiceJet, Jet Airways fly 6-7% high on fuel price cut
Karnataka Bank up 7.5% on 3-fold jump in profit, stable NPA
Apollo Hospital Q2 profit may rise 7% to Rs 92.87 cr: Poll
Bank of India Q2 profit jumps 26.4%, asset quality worsens
MARKET ANALYSIS
It was a lacklustre session for the market on Monday as equity benchmarks
saw consolidation after hitting record highs in early trade but the Nifty held
its 8300-mark. The index rose 1.95 points to end at record closing high of
8324.15 while the Sensex fell 5.45 points to 27860.38 on profit booking.
Meanwhile, the BSE Midcap and Smallcap indices outperformed equity
benchmarks, rising 1 percent each.
Though it was a consolidation day due to lack of triggers, the market will
remain in a positive trajectory, say experts, adding the Sensex may see 28000
level soon.
The market will remain shut on Tuesday for Muharram. Meanwhile, Indian
factory activity reported a moderate growth in October with the HSBC
Manufacturing Purchasing Managers' Index (PMI) rising to 51.6 in October
from 51.0 in September. The auto industry was in reverse gear as sales for the
month of October missed expectations. percent drop in total sales year-on-
year, respectively.
Sensex, Nifty end flat; small & midcaps rally, autos drag
Fiscal deficit target of 4.1% challenging but achievable: Citi
SpiceJet, Jet Airways fly 6-7% high on fuel price cut
Karnataka Bank up 7.5% on 3-fold jump in profit, stable NPA
Apollo Hospital Q2 profit may rise 7% to Rs 92.87 cr: Poll
Bank of India Q2 profit jumps 26.4%, asset quality worsens
MARKET ANALYSIS
It was a lacklustre session for the market on Monday as equity benchmarks
saw consolidation after hitting record highs in early trade but the Nifty held
its 8300-mark. The index rose 1.95 points to end at record closing high of
8324.15 while the Sensex fell 5.45 points to 27860.38 on profit booking.
Meanwhile, the BSE Midcap and Smallcap indices outperformed equity
benchmarks, rising 1 percent each.
Though it was a consolidation day due to lack of triggers, the market will
remain in a positive trajectory, say experts, adding the Sensex may see 28000
level soon.
The market will remain shut on Tuesday for Muharram. Meanwhile, Indian
factory activity reported a moderate growth in October with the HSBC
Manufacturing Purchasing Managers' Index (PMI) rising to 51.6 in October
from 51.0 in September. The auto industry was in reverse gear as sales for the
month of October missed expectations. percent drop in total sales year-on-
year, respectively.
Research
Via
is a leading financial advisory provides free
tips on Indian share market like equity
tips,
stock
tips,
stock
options tips,
bullions
tips,
agro
tips,
commodity
tips,
nifty
tips,
base
metals & energy tips,
comex
tips,
international
forex tips,
domestic
forex tips,
agri
tips,
commodity
(mcx& ncdex) tips.
No comments:
Post a Comment