Markets remain firm: Tata Motors, Tata Steel shares advance
04/08/2016 10:19am
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10.19 Am - Nifty Fut : SELL Zone
The key domestic benchmark indices were trading in a positive terrain in the morning trading session after initial volatility with investor sentiments getting a massive boost from the clearance of the long pending GST bill in the Rajya Sabha, paving the way for the country’s biggest reform since 1991. The historic bill was cleared by the upper house of Parliament on Wednesday by a 203-0 vote, with no party opposing the constitutional amendment.
Also, a pickup in India’s services activity to a three-month high in July signaled an improved outlook for Asia’s third biggest economy, bolstering investor apatite.
The BSE Sensex touched an intraday high of 27921.91 and an intraday low of 27633.11 while the NSE Nifty touched an intraday high of 8601.4 and an intraday low of 8519.5
The top gainers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 496.20,+3.56 per cent), Tata Steel Ltd. (Rs. 365.60,+2.24 per cent), Hero MotoCorp Ltd. (Rs. 3294.55,+1.77 per cent), Bajaj Auto Ltd. (Rs. 2761.50,+1.66 per cent), Power Grid Corporation of India Ltd. (Rs. 178.50,+1.48 per cent), among others.
Meanwhile, Lupin Ltd. (Rs. 1658.85,-1.24 per cent), ICICI Bank Ltd. (Rs. 239.85,-0.89 per cent), ITC Ltd. (Rs. 251.20,-0.61 per cent), Infosys Ltd. (Rs. 1079.15,-0.54 per cent), Housing Development Finance Corporation Ltd. (Rs. 1319.25,-0.45 per cent), were among the top losers on BSE.
On the global front, Asian stocks were trading higher today as crude oil held onto its recovery and high-yielding currencies climbed. The US markets ended higher in the previous trading session as oil notched up its biggest gain in three weeks and financial stocks rose on strong corporate earnings.
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04/08/2016 10:19am
Click Here & Register To Get 2 days Trial Tips
10.19 Am - Nifty Fut : SELL Zone
The key domestic benchmark indices were trading in a positive terrain in the morning trading session after initial volatility with investor sentiments getting a massive boost from the clearance of the long pending GST bill in the Rajya Sabha, paving the way for the country’s biggest reform since 1991. The historic bill was cleared by the upper house of Parliament on Wednesday by a 203-0 vote, with no party opposing the constitutional amendment.
Also, a pickup in India’s services activity to a three-month high in July signaled an improved outlook for Asia’s third biggest economy, bolstering investor apatite.
The BSE Sensex touched an intraday high of 27921.91 and an intraday low of 27633.11 while the NSE Nifty touched an intraday high of 8601.4 and an intraday low of 8519.5
The top gainers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 496.20,+3.56 per cent), Tata Steel Ltd. (Rs. 365.60,+2.24 per cent), Hero MotoCorp Ltd. (Rs. 3294.55,+1.77 per cent), Bajaj Auto Ltd. (Rs. 2761.50,+1.66 per cent), Power Grid Corporation of India Ltd. (Rs. 178.50,+1.48 per cent), among others.
Meanwhile, Lupin Ltd. (Rs. 1658.85,-1.24 per cent), ICICI Bank Ltd. (Rs. 239.85,-0.89 per cent), ITC Ltd. (Rs. 251.20,-0.61 per cent), Infosys Ltd. (Rs. 1079.15,-0.54 per cent), Housing Development Finance Corporation Ltd. (Rs. 1319.25,-0.45 per cent), were among the top losers on BSE.
On the global front, Asian stocks were trading higher today as crude oil held onto its recovery and high-yielding currencies climbed. The US markets ended higher in the previous trading session as oil notched up its biggest gain in three weeks and financial stocks rose on strong corporate earnings.
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