Nifty closed above 8850

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Nifty closed above 8850, Sensex upward 184 pts; Hero Moto falls down 5%.

Tata Motors upward 2% despite weak JLR Jan sales; MS overweight.

BMW i8 hybrid electric super car launched in India at Rs 2.29 crore.

Indian stocks not compelling; crude can jump 15 to 20 percent: Faber.

A 25% rise in defense output to create 1 lakh jobs: PM Modi.

DAILY GAINERS AND LOOSERS

GAINERS

Pan India Corp.

Moser Baer

Karuturi Global

Blue Chip India

BL Kashyap

LOOSERS

Birla Cotsyn .

Servalakshmi .

ATN Inter.

BIL Energy .

Nagreeka Cap