Market Watch

Wednesday, 16 April 2014

Live Stock Tips and Market Updates by CapitalHeight

India's BSE index is up 0.05 percent, while the broader NSE index is 0.07 percent higher, tracking gains in other Asian shares.
Asian share markets were mostly in the black on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
Among blue chips, Reliance Industries gains 0.8 percent, while ITC NS> is up 0.7 percent.
Indusind Bank gains 1.6 percent ahead of its quarterly earnings later in the day.
IT shares slump ahead of Tata Consultancy Services earnings later in the day: Infosys is down 2.5 percent, while TCS falls 1.7 percent.
The market breadth, indicating the overall health of the market was strong. On BSE, 629 shares gained and 334 shares fell. A total of 41 shares were unchanged. 
Sun Pharmaceutical Industries (up 0.92%), Tata Steel (up 0.88%) and GAIL (India) (up 0.72%) edged higher from the Sensex pack. 

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