Thursday 11 April 2013

Daily Equity Market Report – April 11, 2013

Indian benchmark indices extended their gaining momentum for the straight two trading sessions. Nifty opens 26 points higher to previous day close whereas Sensex jumped over 200 points in the morning trade led by gains in Tata Motors, ICICI Bank, Infosys and L&T on the back of positive cues from global peers. Nifty ended the day at 5594 mark moved up by 35 point and Sensex gained 128 points by closing at 18542.

Infosys shares moved to northward direction ahead of fourth quarter result to be announced on Friday. Tata Motors shares gained after its subsidiary Jaguar Land Rover's (JLR) global sales climbed 16% in March from a year earlier to hit a record level, boosted by Chinese demand. Bharti Airtel slumps 3% as the Supreme Court bans the telecom major from adding new 3G customers in the 7 circles where it doesn't have spectrum.

Among the sectoral indices CNX Realty is the biggest gainer moved up by 2.48% followed by CNX IT (2.23%) and Bank Nifty (1.66%).

Out of 50 stocks of Nifty 26 were advanced while 24 were declined.

Top 5 Nifty gainers: DLF gained 4.83% followed by Tata Motors (3.81%), LUPIN (3.81%), Infosys (3.53%) and ICICI Bank (3.46%).

Top 5 Nifty losers: Bharti Airtel traded 2.70% lower. Tata Steel (-2.31%), NTPC (-2.14%), Grasim (-2.08%) and HDFC (-2.04%) were among the biggest losers.

To qualify NISM Series I: CurrencyDerivative certification examination, register with Intelivisto.com and buy NISM Currency Derivative Examination comprehensive question bank which features mock test, chapter-wise and full length test as per NISM standards. It also includes performance analysis tools to analyze the performance. To Know more call on: +91-9582000102.

No comments:

Post a Comment