Auto stocks move higher!

Key benchmark indices trimmed intraday gains & hover in positive terrain in early afternoon trade as investors took solace from the government keeping its borrowing target for the fiscal year through March 2014 unchanged at Rs 5.79 lakh crore on Monday, 23 September 2013. The market breadth, indicating the overall health of the market, was positive. The BSE Sensex was 18.29 points up at 19919.25 & The CNX Nifty was 4.60 points up at 5894.35. The Indian Rupee was 0.08% week against USD.

Graph of S&P CNX Nifty from January 1997 to Ma...

Graph of S&P CNX Nifty from January 1997 to March 2011 (Photo credit: Wikipedia)

Who Moved and Why

1) BS drops on profit taking
2) Shriram Transport Finance drops on profit booking
3) KPIT Technologies gains after two block deals
4) Prism Cement gains as foreign subsidiary declares dividend
5) DLF inches up on bargain hunting amid volatility
6) Select stocks fall ex-dividend
7) Gati surges after favorable verdict from Arbitral Tribunal
8) MTNL spurts on buzz of signing pact with BSNL
9) Lupin inches up on strategic pact with a US firm

Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Limited (Photo credit: Wikipedia)

For detail analysis report please visit: – http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/24th_Sept_Mid%20Session%20Update.pdf

Read monetary policy report here:- http://goo.gl/eS6G7c

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