ECONOMY ANALYSIS
Sensex ends above 29000, Nifty holds 8750 ahead of ECB meet
outcome
Suzlon sells German arm Senvion for euro 1 bn; to cut debt
Dish TV Q3 net loss reduces to Rs 2.8 cr on strong EBITDA
Cairn India Q3 profit seen down 40% at Rs 1625 cr: Poll
Steel Min seeks hiking of import duty on finished products
MARKET ANALYSIS
The market ended at fresh record closing high on Thursday, gaining for the
sixth consecutive session ahead of European Central Bank meeting outcome
later in the day.
The 30-share BSE Sensex closed above 29000 for the first time, up 117.16
points at 29006.02 while the 50-share NSE Nifty rose 31.90 points to
8761.40.
The broader markets ended on a flat note amid consolidation. Globally,
markets gained strength ahead of the European Central Bank meet outcome.
Expectations are of 50 billion euros per month of bond buying by the ECB.
European markets were mixed while Asian markets closed higher with the
Hang Seng and Shanghai rising over 0.5 percent. Brent crude prices traded
below USD 50 a barrel.
Back home, healthcare, metals, capital goods, select technology and auto
stocks supported the market. However, the fall in index heavyweights like
ITC, Reliance Industries and HDFC capped the upside.
Sensex ends above 29000, Nifty holds 8750 ahead of ECB meet
outcome
Suzlon sells German arm Senvion for euro 1 bn; to cut debt
Dish TV Q3 net loss reduces to Rs 2.8 cr on strong EBITDA
Cairn India Q3 profit seen down 40% at Rs 1625 cr: Poll
Steel Min seeks hiking of import duty on finished products
The market ended at fresh record closing high on Thursday, gaining for the
sixth consecutive session ahead of European Central Bank meeting outcome
later in the day.
The 30-share BSE Sensex closed above 29000 for the first time, up 117.16
points at 29006.02 while the 50-share NSE Nifty rose 31.90 points to
8761.40.
The broader markets ended on a flat note amid consolidation. Globally,
markets gained strength ahead of the European Central Bank meet outcome.
Expectations are of 50 billion euros per month of bond buying by the ECB.
European markets were mixed while Asian markets closed higher with the
Hang Seng and Shanghai rising over 0.5 percent. Brent crude prices traded
below USD 50 a barrel.
Back home, healthcare, metals, capital goods, select technology and auto
stocks supported the market. However, the fall in index heavyweights like
ITC, Reliance Industries and HDFC capped the upside.
Research
Via
is a leading financial advisory provides free tips on Indian share
market like Stock
Options Tips, Stock
Option Tips, nifty
options calls, Nifty
Option Tips, Nifty
options tips, Equity
tips, mcx
Gold tips, Free
Ncdex Tips, comex
tips.
No comments:
Post a Comment