Market Watch

Wednesday 20 August 2014

Stock Market Tips- Nifty Hits at Fresh Market


The Nifty opened in the green and hit a record high as investor bought stocks from technology, pharmaceuticals and auto.
The 50-share index was at 7,900.65, up 3.15 points or 0.04 per cent. It touched an all-time high of 7,922.70 and a low of 7,900.65 in trade today.
The S&P BSE Sensex was at 26,437.70, up 17.03 points or 0.06 per cent. It touched a high of 26,504.52 and a low of 26,437.69 in trade today.
A bout of volatility was witnessed as key benchmark indices trimmed losses after slipping into the red after opening higher. 
Bharti Airtel (up 1.42 percent), ACC (up 1.22 percent), HDFC Bank (up 1.18 percent), Dr Reddy's Laboratories (up 0.99 percent) and Hindalco (up 0.75 percent) were among the major Nifty gainers.
PNB (1.09 percent), Hero MotoCorp (0.85 percent), IDFC (0.72 percent), Axis Bank (0.58 percent) and Bank of Baroda (0.54 per cent) were among the index losers.
The market breadth indicating the overall health of the market was positive on the NSE with 933 gainers against 600 losers.

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