Friday 27 June 2014

Market positive; healthcare scrips up ~2%

Some buying activity is seen in healthcare, consumer durables, oil & gas and banking on BSE, while auto sector is showing weakness. 

BSE Sensex is trading up 134 points at 25,196, while S&P Nifty is trading up 43 points at 7,536. 

BSE Mid-cap is up 0.69% at 9,244, while BSE Small-cap is up 0.88% at 10,069.

Some buying activity is seen in healthcare, consumer durables, oil & gas and banking on BSE, while auto sector is showing weakness. 

Sun Pharma, HDFC, Dr Reddy's Lab, TCS, ONGC and RIL are among the gainers, whereas Bharti Airtel, M&M, Hindalco, Maruti Suzuki, Hero MotoCorp and Tata Motors are losing sheen on BSE. 

In its 9th Financial Stability Report, the RBI report said persistent high inflation can alter inflation expectations permanently and may ultimately impact financial savings, investment and growth. Expectations are interest rate status quo may continue here.
High inflation and the consequent low real rate of return on financial assets may force savers to take excessive risks in their search for better returns, the RBI said. 

No comments:

Post a Comment