Tuesday 31 March 2015

Equity trading tips: Sensex up 517 pts, Nifty ends tad below 8500

Equity trading tips: Sensex up 517 pts, Nifty ends tad below 8500; banks lead

BHEL, Crompton, Ahluwalia, TRIL, Centum up 2-19% on orders

Rail freight on grains, coal, cement to increase from Apr 1

Crompton Greaves bags Rs 115 crore order from Power Grid

Shakti Pumps aims at capacity utilisation of 65-70% in FY16

Reliance Power's Sasan UMPP fully

The S&P BSE Sensex surged over 500 points in the fag end of the trading session on Monday, to snap its eight-session losing streak, led by strong buying seen in frontline stocks such as HDFC, ITC, HDFC Bank, L&T and Axis Bank.

Most technical analysts are not reading too much into today's up move and sees it as more of a technical pull back rally, and till the time 8500-8520 levels on Nifty is not crossed comfortably, there is always a possibility of markets falling towards support levels.

Tracking the momentum, the 50-share Nifty index also managed to rally over 150 points, but closed shy below its crucial psychological level of 8500, supported by gains in auto, banks, capital goods, FMCG and realty stocks.

The 30-share index surged as much as 559 points to reclaim its crucial psychological level of 28000 in trade today. The index finally closed at 27975.86, up 517.22 points or 1.88 per cent.

The 50-share Nifty index ended at 8492 up 150.90 point or 1.81 per cent. It touched a high of 8504.55 and a low of 8380.75 in trade today.

Monday 30 March 2015

TRAI seeks to regulate net-based calls

Equity trading tips: Sensex, Nifty close flat; banks lead, telecom & FMCG fall

Power Grid to invest Rs 2,000 cr for transmission projects

Tax deducted at source and actual tax liability may differ

Drugs to cost upto 30%of price at Jan Aushadhi stores

TRAI seeks to regulate net-based calls, messages

IndiGo heads towards $400 mn IPO as travel booms

Land ordinance: Decision on proroguing Parl today

Govt plans $10-billion push for chip manufacturing

Gas price reduced from $5.61 to $5.01 a unit

Friday 27 March 2015

Nifty ends F&O expiry below 8350

Nifty ends F&O expiry below 8350, Yemen woes drag Sensex 654 pts

Bharti up 2%; CLSA retains high conviction buy post auction

Australia's IAG to up stake in SBI Gen Ins from 26% to 49%

'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'

CDR package for Pipavav Defence may go through today

Rising tensions in Middle East took a toll on Dalal Street that saw panic sell-off in late trade, with benchmark indices breaking below their support levels in a stock market that has been struggling to hit upon cues for some time now.

Saudi Arabia-led coalition of Arab nations has launched air strikes in Yemen to push back Houthi rebels. This led to a spike in oil prices that jumped 6% to $59.70 a barrel.

Sensex ended the day at 27,604.37, down 507.46 points. Nifty ended the day at 8,383.80, down 147 points.

HIGHLIGHTS

BSE market cap falls below Rs 1 lakh crore mark.Nifty logs worst fall since January 6 .- PNB has slipped over 32% this year

Companies with heavy foreign institutional holdings led the declines. HDFC fell 5%, ICICI Bank fell 1.4%, HDFC BankBSE -2.58 % fell over 2% - Telecos rose intraday: Bharti AirtelBSE 0.98 % gained 1.2%; Idea gained 1.8% on hopes of winning key 900 Mhz spectrum.

For More Information Click here: equity trading tips

Thursday 26 March 2015

Sensex closes 50 points down; NTPC plunges 3%

Sensex closes 50 points down; NTPC plunges 3%

IPCA Labs receives USFDA import alert for 2 more units

FIPB clears 10 FDI proposals worth Rs 2,858 crore

HC gives SpiceJet time to settle fleet de-registration case

Tata Motors approves Rs 7,500-cr rights issue; to give six for every 109 held

Sensex at 28,111.83; down 49.89 points. Nifty at 8,530.80; down 12.15 points.

Top gainers

SUN PHARMA (1.4%), TATA MOTORS (1.4%), WIPRO (1.3%), ICICI BANK (1.2%), M&M (1.1%)

Top losers

NTPC (-3.5%), GAIL (-2.7%), COAL INDIA (-2.6%), L&T (-2.5%), SBI (-1.9%)

Hindustan Construction surged nearly 8% intraday on Rs 217-crore arbitration award

JSW Energy gained 2% intraday after BNP Paribas starts coverage with 'buy'

SpiceJet slipped 5% intraday as Irish aircraft leasing firms approach court

IPCA Labs plunged 13% intraday on USFDA import alert

Godrej Properties rallied over 6% intraday on Pune township project, saw bulk

Wednesday 25 March 2015

Sun Pharma, Ranbaxy up 2% on final

Equity trading tipsSensex slips for 5th day; Tata Motors down 3.4%, banks drag

Sun Pharma, Ranbaxy up 2% on final CCI nod for merger deal

India to grow at 7.8% in 2015-16; surpass China: ADB

Aarti Drugs tanks 17% on import alert for Maharashtra unit

Govt to allot coal mines to PSUs on Tuesday

RBI allows Sun to transfer Ranbaxy's overseas investments

The S&P BSE Sensex extended losses for fifth straight session led by losses in auto, banks, capital goods and FMCG sectors. The market is likely to consolidate with negative bias ahead of the March series F& expiry, say analysts.

The 30-share index ended at 28,161.72, down 30.3 points or 0.11 per cent. It touched a high of 28,455.32 and a low of 28,130.09 in trade today.

The Nifty closed at 8,542.95, down 7.95 points or 0.09 per cent. It touched a high of 8,627.75 and a low of 8,535.85 in trade today.

Tata Motors (3.42 per cent), Hindalco (1.51 per cent), Hindustan Unilever (1.33 per cent), SBI (1.31 per cent) and Hero MotoCorp (1.08 per cent) were among the index losers.

Bharti AirtelBSE 2.86 % (up 3.43 per cent), GAIL (up 1.82 per cent), Sun PharmaBSE 1.55 % (up 1.78 per cent), Dr Reddy's LaboratoriesBSE 1.73 % (up 1.72 per cent) and Sesa Sterlite (up 1.52 per cent) were among the Sensex gainers.

The market breadth was negative on the BSE with 1,107 gainers against 1,702 losers.

Tuesday 24 March 2015

Sensex ends marginally lower, Nifty holds 8550

Equity trading tipsSensex ends marginally lower, Nifty holds 8550; NTPC up 3%

JSPL tanks 15% after govt cancels bids for 3 coal blocks

GMR Holding ties up Rs 1,250 crore for GMR Infra rights issue

India telecoms' debt rises on record spectrum spend

Oil prices drop after Saudi Arabia says it will not cut output alone

See Rs 4500/sq ft realization from Panorama: Brigade Ent

The market closed marginally lower on Monday. The Sensex shed 69.06 points to 28192.02 and the Nifty lost 20 points to 8550.90. More than two shares declined for every share advancing on the Bombay Stock Exchange. State-run power equipment maker BHEL fell nearly 4 percent.

ICICI Bank, Infosys, Reliance Industries, HDFC Bank, SBI, ITC, Axis Bank and Wipro were down 0.5-1.7 percent. However, Hindalco and NTPC topped the buying list, up 3 percent each. ONGC, Hero Motocorp, GAIL and Sesa Sterlite gained 1-1.7 percent.

The government is on course to meet its fiscal year 2014-15 deficit target of 4.1 percent it outlined in the Union Budget in February, expenditure secretary R Wattal told CNBC-TV18. This is despite the government likely falling short of meeting its telecom-receipts target of Rs 43,161 crore in the Budget. Of the telecom receipts, the government had forecast about Rs 12,000 crore from the ongoing spectrum auction, which may not accrue this year.

For More Updates Click Here: Stock Market News

Saturday 21 March 2015

Sensex, Nifty drag; ICICI Bank, M&M shed 3%


Sensex, Nifty drag; ICICI Bank, M&M shed 3%

The OECD expects 7 pct China growth in 2015, urges freer yuan

Power cos under-recoveries to touch Rs 4500 cr post coal auction

Macquarie retains underperform on BHEL, wary of order flow

Brent climbs towards $55 on weaker dollar; supply concerns limit gain

The market ended lower dragged mostly by capital goods and FMCG stocks. The Sensex is down 208.59 points or 0.7 percent at 28261.08. The Nifty is down 63.75 points or 0.7 percent at 8570.90.

About 770 shares have advanced, 2104 shares declined, and 168 shares are unchanged. Only IT index ended in green. Wipro, Infosys, Coal India, Dr Reddy's Labs and TCS are top gainers in the Sensex. Among the losers are NTPC, ICICI Bank, BHEL, M&M and GAIL.

Amidst differences over regulation of money market between RBI and the government, the central bank today said there is a need to examine various related issues connected with issuance of public debt.

Wipro, Infosys, Hindalco, HDFC and TCS are top gainers while NTPC, BHEL, GAIL, M&M and ICICI Bank are major losers.

After much controversy and procedural wrangles, the Mines and Minerals (Development and Regulation) Amendment Bill, 2015, was passed by the Rajya Sabha with all parties, barring Congress and the Left, supporting it.

Friday 20 March 2015

Equity trading tips and Updates for 20 March 2015

Sensex falls 150 pts, Nifty breaks 8700; banks, RIL drag

Fed bows to market's more dovish view of soaring dollar

Franklin eyes doubling its AUM to Rs 1,20,000 cr in 5 yrs

Realty stocks rise; Maha govt ups premium on additional FSI

Govt open to extending first half of B
udget session

Oil prices surge as Fed stays cautious on rates

The 30-stock Sensex ended the day in the red after rallying over 300 points in intraday trade on hopes that US Federal Reserve would not go for a rate hike soon.

The Nifty extended losses for second straight session and closed near support of 8,600. The US Federal Reserve took a dovish stand on interest rates and said the action will be data driven. According to analysts, the hike may happen in June or may get delayed to September as well.

Most of the Asian markets ended in the green zone, except for Japan's Nikkei, which closed the day below its crucial 19,500-mark. 

The Sensex ended the day at 28,469.67; down 152.45 points.

The broader 50-share Nifty closed the session at 8,634.65; down 51.25 points.

Top gainers on sensex: Gail, Ntpc, , Ongc and Tata steel (0.9%)

Top losers on sensex: axis bank , Bhel, Sbi, Ril and Icici bank (-1.7%)

For More Updates On Market Click Here: Stock Market News

Thursday 19 March 2015

Sesa up 5 percent as iron mining to resume in Goa

Equity trading tipsSensex closes day 114 points down ahead of FOMC cue; SBI top gainer

Brent falls towards $53 after US crude stocks rise

Franklin eyes doubling its AUM to Rs 1,20,000 cr in 5 yrs

Sesa up 5% as iron mining to resume in Goa; DB positive

Govt open to extending first half of Budget session

The market closed a rangebound session on a weak note with benchmark indices losing 0.4 percent each ahead of Federal Reserve policy meeting outcome tonight. FMCG, infrastructure, technology and select auto stocks saw selling pressure.

The 30-share BSE Sensex fell 114.26 points to 28622.12 and the 50-share NSE Nifty declined 37.40 points to 8685.90 on profit booking after risingpercent in previous session. However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.3 percent each.

About 1270 shares advanced against 1584 shares declined on the Bombay Stock Exchange. Global markets awaited the US Federal Reserve's policy announcement with caution. European equities were mixed while most Asian benchmarks ended higher with the Shanghai rising over 2 percent.

HDFC, ITC, ONGC, Wipro, HUL, M&M, Bharti Airtel and BHEL dropped 1-2 percent whereas Reliance Industries and SBI gained more than 1.3 percent.

Sesa Sterlite was up 0.6 percent and Kalyani Steels rallied 5.5 percent.

For More Updates on Market click here: Stock market news

Wednesday 18 March 2015

Sensex ends up 299 pts, Nifty at 8723 ahead of Fed meet

Equity trading tips

Sensex ends up 299 pts, Nifty at 8723 ahead of Fed meet

Just Dial to spend Rs 100cr on Search Plus mktg in FY16

FACT surges 20% on revival hopes; co says need Rs 2000 cr

IRB Infra up 2% on financial closure for Aurangabad project 6
Stock market news
Oil prices mixed in Asia, US crude near six-year lows

ECB's Draghi calls for quantum leap in European integration

The S&P BSE Sensex snapped a two-day decline and closed nearly 300 points higher in a pullback rally on Tuesday led by gains in stocks of capital goods, FMCG and healthcare sectors. In the near term, the market will take cues from the comments of the US Federal Reserve on interest rate hike in
the US.

The 30-share index closed at 28,735.33, up 297.62 points or 1.05 per cent. It touched a high of 28,784.35 and a low of 28,435.45 in trade today.

The Nifty ended at 8,723.30, up 90.15 points or 1.04 per cent. It touched a high of 8,742.55 and a low of 8,630.80 in trade today.

Hindalco (up 5.75 per cent), Sesa Sterlite (up 4.02 per cent), Dr Reddy's Laboratories (up 3.53 per cent), HDFC (up 2.62 per cent) and Axis BankBSE 1.93 % (up 2.58 per cent) were the among the Sensex gainers.

Infosys (1.10 per cent), Coal India (0.78 per cent), Tata Power (0.62 percent), Bharti AirtelBSE -0.60 % (0.60 per cent) and Wipro (0.60 per cent) were among the index losers.

The market breadth was positive on the BSE with 1374 gainers against 1437 losers.

Tuesday 17 March 2015

Sensex, Nifty end in red; Infosys, BHEL, Tata Power up 2%

Equity trading tips

Sensex, Nifty end in red; Infosys, BHEL, Tata Power up 2%

Feb WPI inflation falls to all-time low of -2.06%

Jet, SpiceJet up 3-4%; eye new international flying rules

Oil prices drop on strong dollar, US crude hits six-year low

Govt to re-examine bids for 5 more coal blocks

Blue Star to transfer PE&IS biz to wholly-owned subsidiary

The Sensex ended the day in red after a choppy session which saw the 30- stock index slipping over 100 points soon after the inflation data came in at -2.06% for the month of February, and then getting back in the green for a short while before settling the day 66 points down.

The Sensex closed the session at 28,437.71; down 65.59 points. The broader 50-share Nifty ended the day at 8,633.15; down 14.60 points. 

Top five losers on the Sensex were Sesa Sterlite (-5.1%), BHARTI AIRTEL (-3.3%), HINDALCO (-3.2%), NTPC (-2.4%), HDFC (-1.6%)

Top five gainers were Infosys (2.2%), BHEL (1.9%), Tata Power (1.6%), Sun Pharma (1.4%), WIPRO (1.2%)

Monday 16 March 2015

Sensex bleeds 427 pts, Nifty ends at 8648

Equity trading tips

  1. Sensex bleeds 427 pts, Nifty ends at 8648
  2. SAT quashes SEBI order against DLF; stock rises 9%
  3. DIPP gives more clarity on construction FDI norms
  4. Bajaj Auto slips 2%, CLSA retains underperform & cuts EPS
  5. Precision Camshafts files draft papers with Sebi for IPO
  6. Intel cuts revenue forecast as desktop demand weakens
  7. The world's unluckiest day spooked the Sensex, which slipped by as much as 427 points in trade, weighed down by banking stocks after data showed that consumer inflation has edged up. The numbers raised concerns about rate cuts and sent bond yields higher.
  8. The S&P BSE index closed 1.48 percent lower or 427.11 points at 28,503.30 after gaining as much as 0.9 percent earlier in trade today. However, on a weekly basis the benchmark index recorded a fall of 945 points or 3.2 per cent from its closing value of 29448.95 recorded on 5th March 13, 2015.
  9. The 50-share Nifty index finally closed at 8647.75, down 1.4 per cent or 128.25 points. For the week, the index posted a loss of 290 points or 3.24 per cent, from its closing value of 8937.75 recorded on 5 March 2015.
  10. The benchmark index has already slipped as much as 1521 points from its record high of 30024.74 hit earlier in the month of March. Pressure on rupee, concerns over key bills and sooner-than-expected interest rate hike by the US Federal Reserve made investors cautious.

Friday 13 March 2015

Sensex ends 271 points up

Equity trading tips

Sensex ends 271 points up, Nifty above 8,770; Sesa gains over 4%

Spicejet gains over 13%; foreign airlines eye stake

Jindal Stainless surges 11%; up 27% in two trades

Feb CPI may inch to 5.26%; Jan IIP slowdown to 0.5%

Bank of Korea joins global policy easing with surprise rate cut

Ranbaxy merger: Sun Pharma readies new leadership team

The Nifty ended in the positive terrain for the first time after three-day decline with the International Monetary Fund (IMF) raising its growth forecast for the current fiscal to 7.2 per cent.

The 50-share index ended at 8,776, up 76.05 points or 0.87 per cent. It touched a high of 8,787.20 and a low of 8,732.90 in trade on Thursday.

The S&P BSE Sensex closed at 28,930.41, up 271.24 points or 0.95 percent. It touched a high of 28,971.01 and a low of 28,772.71 in trade.

Cairn India (up 4.96 per cent), SesaBSE 3.63 % Sterlite (up 4.72 per cent), NTPCBSE 3.54 % (up 3.74 per cent), HindalcoBSE 3.37 % (up 3.15 per cent) and Sun PharmaBSE 2.46 % (up 2.78 per cent) were the among the index gainers.

Tech MahindraBSE -2.13 % (2.21 per cent), M&M (1.57 per cent), Bajaj AutoBSE -1.01 % (1.36 per cent), Dr Reddy's Laboratories (1.17 per cent) and Coal IndiaBSE -1.23 % (1.03 per cent) were among the major Nifty losers.

The market breadth was positive on the NSE with 914 gainers against 573 losers.

Thursday 12 March 2015

Nifty ends below 8700; Bharti up 6%

Equity trading tips

The Nifty extended losses for third straight session and closed below 8,700 led by losses in oil & gas, metals and healthcare sectors. 

The 50-share index ended at 8,697.50, down 14.55 points or 0.17 per cent. It touched a high of 8,755.60 and a low of 8,682.35 in trade today. 

The S&P BSE Sensex ended at 28,642.39, down 67.48 points or 0.24 percent. It touched a high of 28,843.23 and a low of 28,608.18 in trade today. 

The S&P BSE Oil & gas fell 1.01 per cent, the S&P Metal Index was down 1.58 per cent and the S&P BSE Healthcare Index declined 0.90 per cent. 

Hindalco (5.18 per cent), Sesa Sterlite (2.78 per cent), Cairn India (2.75 per cent), Tata SteelBSE -1.88 % (1.96 per cent) and Bank of Baroda (1.83 per cent) were among the major Nifty losers. 

Bharti AirtelBSE 5.97 % (up 6.17 per cent), Tech Mahindra (up 3.14 per cent), NTPC (up 3.03 per cent), M&M (up 2.10 per cent) and Kotak Bank (up 1.94 per cent) were the among the index gainers. 

The market breadth was negative on the NSE with 572 gainers against 931 losers.

Wednesday 11 March 2015

Asian equities mixed on weak yen

Equity trading tips

  1. Asian equities mixed on weak yen, Wall Street's plunge
  2. Current account deficit narrows to USD 8.2 bn in Q3
  3. Forex reserves jump $16.4 bn in first 9 months of FY15: RBI
  4. India revives plans for urea plant in Iran; investing Rs 5K cr
  5. Mphasis looking to sell domestic BPO business: Sources
  6. Prime Property: Mumbai Metro facing Green hurdle
  7. The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 8700 in trade today.
  8. At 07:00 a.m, Nifty India stock futures in Singapore were trading 1 point lower at 8,755 indicating a flat opening on the domestic market. 
  9. However, experts are of the view that passing of Land Bill is positive, but markets are going to react more on global cues.
  10. The S&P BSE Sensex cracked 738 points in a matter of just two trading session, while Nifty slipped 225.70 points to close marginally above its crucial psychological support level of 8,700 on Tuesday.
  11. Overnight, US stocks ended lower giving the S&P 500 its biggest decline in two months, on increasing views the Federal Reserve may raise rates as soon as June.

Monday 9 March 2015

DHFL raises Rs 809.61 cr from institutional investors

Equity trading tips

  1. Govt notifies export subsidy of Rs 4,000/tonne for raw sugar.
  2. Prices of leafy, other vegetables rise by up to 67%.
  3. Govt optimistic about GST roll out from April 2016: Rev Secy.
  4. Direct tax collections up 10.67% in 11 mths of FY'15.
  5. Hiring up 12% in Feb; demand highest in IT/telecom: Survey.
  6. Oilmeal exports drop by 41% to 1.18 LT in Feb.
  7. Funds mop-up via debt placement doubles to Rs 42,000 cr in Feb.
  8. Sensex rebounds 68 pts as pharma, FMCG, banking shares rise.
  9. DoD working out modalities for strategic sale of PSUs: Secy.
  10. Defensives drive Sensex to rebound; Sun Pharma, HDFC lead.
  11. 9K key resistance for Nifty; like HCL Tech, NBCC: Nomura.
  12. Eyeing EBITDA growth of 35% for FY15: Jyothy Laboratories.
  13. IDBI Bank to raise Rs 20,000 cr from bond issuance in FY'16.
  14. DHFL raises Rs 809.61 cr from institutional investors.
  15. Rate cut: Home loan EMI to go down, gilt funds’ NAV to rise.
  16. NGO cries foul over 17 pc cut in Budget for children.
  17. Rel Infra-Pipavav together share vision for infra growth'.
  18. Sensex falls 644 from top after hitting 30K on RBI rate cut.
  19. Mkt performance to continue, see Sensex at 33K in Dec: Citi.

Thursday 5 March 2015

Equity trading tips For 5 March 2015

Equity trading tips

  1. Lok Sabha passes Coal Bill to replace Ordinance.
  2. GDP to remain comprehensive measure of economy: Govt
  3. Increasing global oil prices pose risk to inflation: RBI
  4. Govt to train 7 lakh people by 2018 to meet power sector needs 8-8.5% growth is more like statistical and not real: CEA
  5. 'Make in India' will yield results in minimum 18 months: Kant
  6. Further rate cuts of up to 0.75% expected in 2015: Experts
  7. Sensex ends in red after hitting 30K as rate cut cheer wanes
  8. Sensex falls 644 pts from top after hitting 30K on RBI rate cut 
  9. Expected RBI to wait till April for rate cut: Rangarajan
  10. RBI rate cut good for business, will boost demand: Revenue Secretary
  11. Ortel gets Rs 46.3 cr from Axis MF & ICICI Pru Life
  12. Sub 6% CPI by FY16 end, 25 bps cut by June likely: Barclays
  13. Need for farm workers may be hit due to crop damage: CACP
  14. Govt launches public contest on advice for PMO mobile app
  15. European Union lifts ban on import of mangoes from India
  16. Banks should pass on RBI rate cut benefits, say auto makers
  17. RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down

Wednesday 4 March 2015

Ranbaxy loses approvals, exclusivity of 2 drugs in US

Equity trading tips

Sensex, Nifty end at record closing highs; oil & it stocks soar

Nifty on cloud 9, hits 9,000 in a first 

L&FS Transportation up 4% on railway over bridges order

Ramco Systems hits record high, up 14% on order in Vietnam

Ranbaxy loses approvals, exclusivity of 2 drugs in US

Spectrum auction for four bands to start tomorrow

Tuesday 3 March 2015

Tata Motors Monday reported a 10.69 percent increase

Equity trading tips

  1. Markets ends in green: UltraTech big gainer, surges 7.7%; ITC top loser.
  2. Infosys inks 5-year deal with Dutch firm TNT.
  3. Bajaj Auto shares tank over 5% as sales fall in February.
  4. ITC cracks over 3 per cent on cigarettes duty hike in Budget; CLSA downgrade.
  5. Tata Motors Monday reported a 10.69 percent increase in total sales at 44,225 units in February, as against 39,951 units in the same month last year. For More Updates on Market click here: Market News

Monday 2 March 2015

The Sensex settled the day at 29,220.12, up 473.47 points

Equity trading tips

  1. It was a super run up to the Budget as bulls seem excited ahead of FM arun Jaitley's speech tomorrow. The Sensex was up 473.47 points or 1.6 percent at 29220.12,and the Nifty ended 160.75 points or 1.8 percent at 8844.60. About 1817 shares have advanced, 1065 shares declined, and 204 shares are unchanged. PSU banks lead the upmove while HDFC Bank twins, ICICI Bank and Axis Bank were top gainers in the Sensex. Among the losers were ITC, GAIL, Wipro and HUL.
  2. The Sensex settled the day at 29,220.12, up 473.47 points. The broader 50- share Nifty closed at 8,844.60, up 160.75 points.
  3. Realty and PSU banks led the market upmove today with the BSE Realty Index rising over 4 percent. All sectoral indices except FMCG are trading in green. ICICI Bank and L&T are top contributors to Nifty's gain.

For More Information about market updates click here: Stock Market News