Market Wrap-Up- Sensex rallied 282.41 points!

The Nifty on Friday reclaimed the 6,000 level for the first time since June 3, 2013 and the Sensex rallied 282.41 points closing at 1-1/2 month high on the back of sharp spike in index heavyweight Infosys. The narrowing down of trade deficit data in June also boosted sentiment. The 50 – share Nifty index ended at 6,009, up 73.90 points or 1.25 per cent. It touched a high of 6,019 and a low of 5,951.15 in trade today.

Who Moved and Why

  1. Sintex Industries slips after weak Q1 results.
  2. Reliance Capital inches up on good performance of general insurance unit in Q1.
  3. Elder Pharma jumps on board’s nod for business restructuring.
  4. Pipavav Defence jumps after MoD lifts hold on JV with
  5. Mazagon Dock.
  6. JSW Energy drops ex-dividend.
  7. Infosys spurts after retaining dollar revenue guidance.
  8. Tata Motors inches up as JLR reports decent sales in June

For detail analysis report please visit: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/12th_july_equity_closing_update.pdf

Also find more news and updates about stock market, SENSEX, NIFTY, share market visit:- https://www.rrfinance.com/Reserch/ResearchHome.aspx

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