Infosys,
Vedanta, Coal India, BHEL and Tata Steel advanced 1-3 percent while HUL, Bharti
Airtel, Lupin, Bajaj Auto and GAIL fell 1-2.5 percent.
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Live Stock Tips
BUY SAREGAMA (LCP-310.15)
ABOVE 313 TG-318-324
BUY VENKYS (LCP 474.15) ABOVE
477 TG-482-488
BUY GLOBAL OFFSHORE
(LCP-653.35) ABOVE 657 TG-664-671
BUY LA OPALA (LCP-439.15)
ABOVE 443 TG-448-455
Sensex rises, Nifty holds 8350; ICICI Bank, Tata Motors up
The market continued to see buying interest after a fall in previous three sessions. Banks, pharma, auto, technology, capital goods and metals stocks supported the market while FMCG and telecom dragged. The Sensex gained 109.45 points at 27683.11 and the Nifty rose 30.05 points to 8358.60. The BSE Midcap index advanced 0.4 percent and Smallcap climbed 0.6 percent.
The market breadth remained positive as about 1303 shares have advanced against 491 shares declined on the Bombay Stock Exchange. Tata Motors rebounded, up 1.7 percent after seeing a 8 percent fall in previous two sessions on fears of slowdown in JLR sales in China. Private sector lender ICICI Bank climbed 1.7 percent as media report indicated that the bank may sell home finance arm for Rs 4,400 crore.
The market continued to see buying interest after a fall in previous three sessions. Banks, pharma, auto, technology, capital goods and metals stocks supported the market while FMCG and telecom dragged. The Sensex gained 109.45 points at 27683.11 and the Nifty rose 30.05 points to 8358.60. The BSE Midcap index advanced 0.4 percent and Smallcap climbed 0.6 percent.
The market breadth remained positive as about 1303 shares have advanced against 491 shares declined on the Bombay Stock Exchange. Tata Motors rebounded, up 1.7 percent after seeing a 8 percent fall in previous two sessions on fears of slowdown in JLR sales in China. Private sector lender ICICI Bank climbed 1.7 percent as media report indicated that the bank may sell home finance arm for Rs 4,400 crore.
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IT company TCS rebounded with marginal gains
as its net profit in June quarter declined 3.3 percent and margin slipped 91
basis points on sequential basis but both beat street forecast. Wipro gained
more than 1 percent as it announcesd its intension to acquire strategic design
firm Designit.
Infosys,
Vedanta, Coal India, BHEL and Tata Steel advanced 1-3 percent while HUL, Bharti
Airtel, Lupin, Bajaj Auto and GAIL fell 1-2.5 percent.
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