Equity trading tips
- Nifty closed above 8700, Sensex upward 271 pts; BHEL gains 5 percent
- Hindalco
Q3 profit upward 7.5 percent to Rs 359
cr , misses forecast - ONGC
to pay Rs 8.7K
cr subsidy as FinMin gives only Rs 5,085cr - Bank of India Q3 profit tanks 70.4 percent, provisions increase
- India Cements upward by 17 percent, transfers Chennai Super Kings to arm
- Nikkei closes at biggest level in 7.5 years
- The NSE's Nifty index increased 0.98 % to 8,711.55, marking its third consecutive daily gain, after earlier falling as much as 0.33 %.
- The BSE Sensex increased by 271 points, or 0.95 %, to 28,805.10.
- Gains
were led by
drugmakers such as Dr Reddy's Laboratories Ltd and Cipla LtdBSE 4.07 percent, which have a significant exposure to the Russian market. - Dr. Reddy's gained 5.7 %, while Cipla ended 3.8 % bigger.
- Lenders
even reversed earlier falls, with ICICI
Bank 1.39 percent, closing upward by 1.3 % afterB SEearlier falling as much as 1.4 %.But State Bank of India slides 0.6 %.
DAILY
GAINERS AND LOSERS
GAINERS
Dr.
Reddys Lab
BHEL
Zee
Ent.
Ambuja
LOSERS
Jindal
Steel
Asian
Paints
PNB
HUL
BPCL
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