Nifty hits fresh 6-1/2 week high

Key benchmark indices saw divergent trend in a highly volatile session of trade. Strong rupee aided recovery on the bourses in late trade. The barometer index, the S&P BSE Sensex, turned positive to regain the psychological 20,000 level in late trade only to provisionally settle below that level. The market breadth, indicating the overall health of the market, was positive. The BSE Sensex closed 0.36 points up at 19997.45 & The CNX Nifty closed 16.40 points up at 5913.15. The Indian Rupee was 0.51% strong against USD.

English: Graph showing Indian rupee and U.S. d...

English: Graph showing Indian rupee and U.S. dollar exchange rate from January, 1990. (Photo credit: Wikipedia)

Who Moved and Why

1) KEC International gains after securing new orders
2) Volumes jump at Gujarat Automotive Gears counter
3) Eros International Media firmly in the picture
4) Sadbhav Engg gains as it emerges as successful bidder for 2 projects
5) Cairn India drops along with crude oil price
6) HCL Tech scales record high
7) Geometric spurts on equity investment in Anark Corp
8) HOEC spurts 15.5% in 3 days
9) Aban Offshore drops ex-dividend

For detail analysis report please visit: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/11th_Sept_equity_closing_update.pdf

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Rupee hits 3-week high of 63.19; Sensex falters (profit.ndtv.com)

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