Market Watch

Monday, 23 June 2014

Morning Stock Market Tips and Updates by CapitalHeight

The market has opened in green. The Sensex is up 50.01 points at 25155.52 and the Nifty is up 2.80 points at 7514.25. About 508 shares have advanced, 134 shares declined, and 23 shares are unchanged.

India's metal shares gain on hopes of better demand after a preliminary HSBC survey showed activity in China's factory sector expanded in June for the first time in six months as new orders surged.

Tata Steel gains 0.7 percent while Hindalco Industries is up 0.3 percent.

Shares of the companies whose business is related to railways, cement stocks and steel stocks will be in focus after the government revised passenger fare and freight rates on Friday

Cipla, ONGC, Tata Power, HDFC and Bajaj Auto are top gainers in the Sensex. Among the losers are ITC, GAIL, Reliance, Infosys and HDFC Bank.

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