Stock Market Closing Bell News by Money CapitalHeight

The market ended at record closing high ahead of European Central Bank meeting outcome later in the day. The 30-share BSE Sensex closed above 29000, up 117.16 points at 29006.02 and the 50-share NSE Nifty rose 31.90 points to 8761.40. About 1347 shares advanced while 1580 shares declined on the Bombay Stock Exchange. Axis Bank topped the buying list on Sensex, up 3.54 percent. Sun Pharma and DLF rallied 3.4 percent each. Tata Motors surged 2.65 percent after launching Bolt. ONGC and Cipla gained 1.5-2 percent.
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Live Morning Stock Market News & Trading Tips

The market opened higher on Thursday following positive global cues. The 30-share BSE Sensex touched 29000 level for the first time, up 108.24 points at 28997.10 while the 50-share NSE Nifty hit 8750, up 19.50 points at 8749.

About 721 shares have advanced, 263 shares declined, and 198 shares are unchanged on the Bombay Stock Exchange.

Suzlon Energy gained 8 percent in opening trade as the turbine maker sold its German arm Senvion for euro 1 billion to to US-based PE Centerbridge Partners for debt reduction. However, the stock could not sustain the upside.

Sesa Sterlite topped the buying list, up nearly 3 percent after the company received approval for renewal of all mining leases in Goa. It expects to resume mining in near future after regulatory nods.

ITC, Infosys, ONGC, Sun Pharma, Bajaj Auto, Hero Motocorp, Cipla and Tata Steel gained 0.7-1.3 percent. However, ICICI Bank, Reliance Industries, Bharti Airtel and NTPC fell 0.4-1 percent on profit taking.

The Indian rupee opened with marginal gains of 4 paise at 61.60 per dollar today versus 61.64 Wednesday.

Stock Tips for Today

·         BUY NAVIN FLORO (LCP-736.85) ABOVE 740 TG-746-755

·         BUY TBZ (LCP 176) ABOVE 178 TG-181-185

·         BUY SHEMAROO (LCP 239.8) ABOVE 242 TG-246-251

·         BUY SUNTECK (LCP-249.65) ABOVE 251 TG-255-260

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Indian Stock Market Closing Bell

The market closed higher for the fourth consecutive session on Wednesday. The 30-share BSE Sensex rose 104.19 points to 28888.86 while the 50-share NSE Nifty closed above the 8700 level for the first time, up 33.90 points or 0.39 percent at 8729.50.

About 1236 shares have advanced, 1710 shares declined, and 261 shares are unchanged on the BSE. HUL topped the buying list on Sensex, up 5.09 percent whereas ITC was the biggest loser, down 5 percent post disappointing volume growth in cigarettes business. For 2 Days Free Trial, please visit our site at http://www.capitalheight.com/ or Call at 0731-

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Morning Stock Market News & Trading Tips

After a stellar performance, the market has opened higher. The Sensex is up 93.46 points at 28878.13 and the Nifty is up 24.05 points at 8719.65.

The S&P BSE Sensex rallied as much as 96 points in trade on Wednesday to hit its fresh lifetime high of 28880.80, led by gains in HDFC, HDFC Bank, TCS, L&T and Sun Pharma. 

About 501 shares have advanced, 148 shares declined, and 199 shares are unchanged. Sesa Sterlite, M&M, Tata Steel, Cipla and HDFC Bank are top gainers in the Sensex.

Tracking the momentum, the 50-share Nifty index also surged as much as 27 points in trade t touch its fresh record high of 8722.50, supported by gains in capital goods, banks, auto, consumer durable and metal stocks. 

The Indian rupee opened flat at 61.68 per dollar versus 61.69 Tuesday.  
Today's Stock Trading Tips 

• BUY ABAN (LCP-507.35) ABOVE 509 TG-514-520
• BUY ALEMBIC (LCP 52.6) ABOVE 54 TG-55.5-57
• BUY GATEWAY DISTRIPARKS (LCP 424.45) ABOVE 427 TG-432-438
• BUY KESORAM (LCP-137.15) ABOVE 138.5 TG-141-144

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Stock Market Evening News Highlights

Bulls rampaged Dalal Street as market closed at record high boosted by some heavyweights. The Sensex ended up 522.66 points or 1.8 percent at 28784.67. The Nifty shut at 8695.60, up 144.90 points or 1.7 percent. About 1568 shares have advanced, 1406 shares declined, and 291 shares were unchanged. Heavyweights led the rally with some stellar performance by HDFC, Sesa Sterlite, Tata Steel, Axis Bank and Tata Motors. Among the losers were GAIL, Tata Power, Maruti, Dr Reddy's and TCS.
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