Thursday, 5 December 2013

Sensex, Nifty rally continues

At 12:46 pm (IST), the BSE Sensex was trading at 21,012, up 303 points over the previous close, while NSE Nifty was quoting at 6,254, up 93 points over the previous close.

At 12:46 pm (IST), the BSE Sensex was trading at 21,012, up 303 points over the previous close, while NSE Nifty was quoting at 6,254, up 93 points over the previous close.
The BSE Small-Cap index and BSE Mid- Cap index was trading up at 1%.

RIL,  Infosys, TCS, Wipro, ONGC, Coal India, Gail India, Bajaj Auto, HDFC Bank, Tata Power, Cipla,  Tata Motors, ICICI Bank, HDFC, Hero MotoCorp, Maruti,  Jindal Steel, Tata Steel, Mahindra & Mahindra, are among gainers in Sensex and Nifty.
Strides Arco, Wockhardt are among losers in Sensex and Nifty.

Teck, FMCG, Metal,  PSU, IT, Teck, Bankex,  PSU, Capital Goods and Consumer Durables, Realty, Oil and gas, Power indices are the gainers.
Healthcare and IT indices was the losers.
Moody's Investors Service says that its outlook for Indian non-financial corporates is negative, reflecting macroeconomic challenges over the next 12 months.
Moody's expects India's GDP growth to remain weak at 5.5% in the fiscal year ending March 2015, as elections in mid-2014 will delay reforms needed to revive the economy.
British telecom giant Vodafone is planning to invest $3 billion (Rs 18,605 crore) in India over the next two years to expand its network,, group chief executive Vittorio Colao reportedly said.
Shares of Jubilant Life Sciences hit 10% lower circuit at Rs 126 after the company said that US drug regulator has issued a warning letter with regards to its facility in the US.

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