Market Watch

Tuesday 28 October 2014

Today's Stock Market Recent Highlights


The market recouped previous day’s losses on Tuesday with the Nifty closing above the 8000-mark supported by banking & financials, healthcare and capital goods stocks.
The 30-share BSE Sensex climbed 127.92 points to 26880.82 and the 50-share NSE Nifty rising 35.90 points to 8027.60.
The benchmark Sensex today rebounded about 128 points to end at over one-month high and Nifty reclaimed the 8,000-mark on the back of good corporate earnings and rising hopes of a cut in interest rates.
Pharma stocks gained after Ranbaxy, which is in the process of a USD 4 billion merger with Sun Pharma, reported consolidated net profit of Rs 477.75 crore for September quarter, pushing its share price by over 6 per cent.

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