Market Watch

Tuesday 2 September 2014

Stock Trading Tips & Latest News :Nifty Holds Above 8000


The Nifty hit a fresh record all-time high as its opened on a positive note for fourth consecutive session. All the sectoral indices, barring the IT sector, are in the green with pharmaceuticals, banks and auto leading the upmove.
The 50-share index was at 8,045, up 17.40 points or 0.22 per cent. It touched all-time high of 8,048.65 and a low of 8,037.45 in early trade.
The Sensex was currently up 42.32 points or 0.16% at 26,909.87.
The S&P BSE Sensex was at 26,925.36, up 57.81 points or 0.22 per cent. It touched all-time high of 26,949.08 and a low of 26,886.22 in early trade.
The BSE Midcap Index was up 0.36 per cent and the S&P BSE Smallcap Index gained 0.52 per cent.
Cipla Ltd rises as much as 8.7 percent to a record high of 575 rupees.The drug maker launches an anti-asthma inhaler in Germany and Sweden .
Tata Motors fell after the company reported weak sales in August 2014. Hero MotoCorp gained after the company reported strong August sales.
The market breadth indicating the overall health of the market was strong.

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