Wednesday 22 July 2015

Equity Market Analysis By Research Via

1. The S&P BSE Sensex closed the day down 237.98 pts, or 0.84 % at 28,182.14. The index, which was trading in a small band of 100pts for most of the session, took  a sudden tumble of over 250 pts in the late trade.

2. The broader 50-share Nifty settled the session down 74 pts or 0.86 percent at 8,529.45.

3. 23 of the Sensex stocks closed the day in red.

4. Infosys  and  Sun  Pharma  hogged  the  limelight  through the day. Infosys  erupted 11.3 % to  settle  at  Rs  1,115  after  the  June  quarter earnings came in line with estimations, Sun Pharma plunged 15 % a day after the company warned of listless earnings for the June quarter.

5. Selling  was  noticed  in  index heavyweights such  as Reliance Industries, ITC and stocks of select lenders. while Sun Pharma alone added most to the fall. A re-form in the stocks of Infosys though capped the losses.

6. European markets were trading jumbled at the time domestic markets closed.
Click Here For Share Market Tips

No comments:

Post a Comment