Tag Archives: Sensex

IT shares decline after weak TCS outlook!

Key benchmark indices provisionally settled almost unchanged for the day ahead of commentary about monetary policy from the US Federal Reserve later in the global day. The barometer index, the S&P BSE Sensex, closed at 21832.86 and 0.25 point up, off close to 62 points from the day’s high and up about 48 points from the day’s low. The market breadth, indicating the overall health of the market was positive.TCS-Minneapolis-center-L

Who Moved and Why

  • SBBJ vaults as board to consider interim dividend.
  • PSU OMCs gain after diesel under-recovery declines.
  • Volumes jump at Rasoi counter.
  • Coal India slips in volatile trade after bulk deal.
  • Polaris surges 21.57% in two days as board approves demerger of products biz.
  • JSW Steel gains after good production figures.
  • Ashok Leyland gains after reducing stake in IndusInd Bank.
  • IT shares decline after weak TCS outlook.

Read detail analysis report here:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/19th_March_equity_closing_update.pdf

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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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Market Wrap – Up: Sensex drops on weak global cues

Key benchmark indices edged lower in choppy trade as weakness in European and Asian stocks weighed on sentiment. MMTC slumped after the government set the floor price for divestment of 9.33% stake in the company at a massive discount, Shares of power finance companies tumbled.

The market breadth, indicating the overall health of the market, was weak. The BSE Sensex was 213.97 points down at 18827.16 & The CNX Nifty was 61.10 points down at 5699.10. Indian Rupee was 0.61% weaker against USD.

Who Moved and Why

  •  Sterlite Industries falls to 52- week low after bulk deal.
  •  Oberoi Realty recovers from record low.
  •  Titan Industries recovers from 52- week low on bargain hunting.
  •  Jet Airways jumps ahead of FIPB meet.
  •  One fourth of Apollo Tyres’ value eroded.
  •  PSU stocks fall across the board.
  •  Volumes jump at Apollo Tyres counter.
  •  Bharti Airtel recovers after 6- day 8.5% slide.
  •  Tata Coffee extends recent slide in volatile trade.
  •  J&K Bank drops ex – dividend.

For detail analysis report please visit:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/13th_June_equity_closing_update.pdf

Also find information about stock market news,  share brokers in India, equity market news,  commodity brokers,  life insurance plans,  bonds and debentures, mutual funds, fixed deposits, fixed income.

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