Friday, 7 June 2013

Sensex above 100 points, IT stocks steal the show.



Market has recovered from days low ,  IT sector boosts market Wipro up by 2.01%, Infosys up by 1.37%.
Polaris Gains by 13.70%  as the company was close to finalising  the deal to sell its IT  services unit, Volume increased more than 5 times.

Banking stocks slips when RBI clarified on the cobra post allegations, and  restricted co-operative banks to give loans against loans. Canara bank down by 2.78%, Bank of baroda  slips 1.56% down, Axis bank by 2.05%, PNB by 0.90 %.

Rupee continues to weaken  trading at Rs.57.17 against dollar.




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