Market Watch

Monday, 18 August 2014

Live Stock Tips with Latest Market Updates

The Indian stock markets have made fresh life highs today.Shares of SpiceJet soared 14 percent intraday on Monday despite posting a dismal April-June quarter.
Capital Goods index jumped over 2 percent while auto and banks supported the rally. Only IT and FMCG indices are in red. Even midcap and smallcaps are flexing muscles with oever 1 percent gains each.
Both Infosys and Maruti are up 5 percent each Since July 25 high while HUL and M&M gain over 8 percent. HUL and M&M lead the Nifty back to record high. L&T and Tata Power are down over 10 percent from the earlier record high period.
Shares in India's Jubilant Foodworks Ltd gain 3.5percent after Bank of America Merrill Lynch starts coverage with a "buy" rating and a target of 1,375 rupees.

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