ECONOMY
ANALYSIS
- Nifty closed over 8350, Sensex top 88 pts; Vedanta gets 5%
- TCS Q1 net falls 3.3 Per-cents but beats forecast, $ income up 3.5 %
- MRPL to obtain Rs 6,400-crore petrochemical plant in Karnataka
- Mphasis jumps 5 Per-cents, send domestic biz portion to Karvy
- ED to take no coercive action opposed Sun TV until This July 13
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Aurobindo
Pharma gets USFDA nod for Flecainide Acetate tablets
MARKET ANALYSIS - The S & P BSE Sensex stoped the day at 27,661.40, up 87.74 points on the Friday. The 50-pack Nifty finale the day at 8,360.55, uped 32 points.
- 16 of the 30 Sensex stocks stoped the day in green. Vedanta was the top earner,up 5 % Bharti Airtel was the top loses, low over 3 %
- The BSE benchmark Sensex earned over 100 points in half last hour of trade. earn were led by index heavy weights such as , Reliance Industries, Sun Pharma, ICICI Bank , HDFC Bank.
- HDFC Bank, BHEL,Sun Pharma, and Reliance Industries added between 1 % and 4 %.
- TCS stoped around 2 % down post muted quarterly numbers. The Market range was mixed with one of every two BSE stocks closing in the red. BSE snd BSE midcap Smallcap indices stoped with modest earn.
- Rally in the European markets improve domestic sentiment. There were hopes that Greece would eventually control to confident , bailout deal from international creditors coming on Sunday. European markets rush up to 5.5 % at the time, the domestic market shut shop
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