Equity benchmarks
continued to rally with the Sensex rising 408.51 points or 1.72 percent
to 24187.86 and the Nifty climbing 120.30 points or 1.67 percent to
7342.60.
The broader markets outperformed benchmarks with BSE Midcap and Smallcap
indices gaining 2 percen each. The market breadth was strong as more
than seven shares advanced for every shares declining on the Bombay
Stock Exchange.
ICICI Bank and SBI were leading contributors to Sensex's gains, up 6-9
percent. Hindalco also gained 6 percent and BHEL was up 6.5 percent on
order worth Rs 5,600 crore in Tamil Nadu.
HDFC, HDFC Bank, Axis Bank, Reliance Industries, L&T, Hero and Adani
Ports were up 1-5 percent.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-niftyover-15-midsmallcap-outperform-itc-down_5731921.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-niftyover-15-midsmallcap-outperform-itc-down_5731921.html?utm_source=ref_article
Equity
benchmarks continued to rally with the Sensex rising 408.51 points or 1.72
percent to 24187.86 and the Nifty climbing 120.30 points or 1.67 percent to
7342.60. The broader markets outperformed benchmarks with BSE Midcap and
Smallcap indices gaining 2 percen each.
The market breadth was strong as more than
seven shares advanced for every shares declining on the Bombay Stock Exchange.
ICICI Bank and SBI were leading contributors to Sensex's gains, up 6-9 percent.
Hindalco
also gained 6 percent and BHEL was up 6.5 percent on order worth Rs 5,600 crore
in Tamil Nadu.
HDFC, HDFC Bank, Axis Bank, Reliance
Industries, L&T, Hero and Adani Ports were up 1-5 percent.
Bank Nifty jumped 3.2 percent to 14,878, and PSU Bank index zoomed 8.3 percent to 2,265. Bank of Baroda, SBI, Bank of India rallied over 8.5% each.
Bank Nifty jumped 3.2 percent to 14,878, and PSU Bank index zoomed 8.3 percent to 2,265. Bank of Baroda, SBI, Bank of India rallied over 8.5% each.
BUY WOCKHARDT FUTURE ABOVE 892 TG 896, 902, 910 SL 886,
2 Comments
The Sensex is up 397.05 points or 1.7 percent at 24176.40, and the Nifty up 116.25 points or 1.6 percent at 7338.55. About 753 shares have advanced, 69 shares declined, and 23 shares are unchanged.
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Equity tips are very useful for those traders who invest in the share market and you can find all the necessary details on Epic Research's blog.
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