Sunday, 27 March 2016

Indian Stock Market Update

After a long weekend, the market has started off the week on a flat note, tracking mixed Asian cues. 

The 30-share BSE Sensex rose 10.54 points to 25348.10 and the 50-share NSE Nifty advanced 1.30 points to 7717.80.

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Technology stocks rallied after strong Accenture results and full year guidance. Infosys, TCS and Wipro gained 1-2 percent.

Adani Ports climbed over a percent after a media report suggested that Adani group has offered 49 percent stake in the Rs 5,000 crore Dhamra LNG project.

Banks and pharma stocks were under pressure. HDFC, Sun Pharma, ICICI Bank, Reliance Industries and Tata Motors were down 0.4-1.4 percent.

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1 comment:

  1. Through this post a trader can learn useful updates. Few updates i would like to add :Shares of Bharat Forge fell over 3 per cent on the Bombay Stock Exchange after Economic Times reported that that the company sold 49 per cent stake in its defence arm Kalyani Strategic Systems (KSSL) to the promoter group. Weighed down by development, shares of company declined as much as 3.42 per cent in intra-day to trade at Rs 721.00 a piece. For further details join epic research.