Equity benchmarks
continued to consolidate. The Sensex rose 40.75 points to 24726.17 and the
Nifty added 20.70 points to 7567.15. The broader markets extended gains a bit
with BSE Midcap and Smallcap indices rising 0.5 percent each.
The market breadth
remained positive as about 1225 shares advanced against 704 declining shares on
BSE. Reliance Industries, ICICI Bank, Lupin, NTPC, Dr Reddy's Labs, Hindalco,
GAIL and BHEL were leading gainers on Sensex, up 1-3 percent while Infosys,
TCS, HUL, Hero Motocorp, Axis Bank and Bharti Airtel declined.
Oil prices edged up
today, lifted by firm economic indicators from the United States and Germany
which could support fuel demand, but analysts warned that crude markets were
threatened by another downturn because of ongoing oversupply.
Front month US West Texas
Intermediate (WTI) crude futures were trading at $38.08 per barrel, up 82 cents
from their last close. International Brent futures were up 67 cents at USD
40.10 a barrel.
BUY WEST COAST PAPER ABOVE 79.50 TG 81.50, 84 SL 77,
BUY WEST COAST PAPER ABOVE 79.50 TG 81.50, 84 SL 77,Equity benchmarks
continued to consolidate. The Sensex rose 40.75 points to 24726.17 and
the Nifty added 20.70 points to 7567.15.
The broader markets extended gains a bit with BSE Midcap and Smallcap
indices rising 0.5 percent each. The market breadth remained positive as
about 1225 shares advanced against 704 declining shares on BSE.
Reliance Industries, ICICI Bank, Lupin, NTPC, Dr Reddy's Labs, Hindalco,
GAIL and BHEL were leading gainers on Sensex, up 1-3 percent while
Infosys, TCS, HUL, Hero Motocorp, Axis Bank and Bharti Airtel declined.
Oil prices edged up today, lifted by firm economic indicators from the
United States and Germany which could support fuel demand, but analysts
warned that crude markets were threatened by another downturn because of
ongoing oversupply.
Front month US West Texas Intermediate (WTI) crude futures were trading
at $38.08 per barrel, up 82 cents from their last close. International
Brent futures were up 67 cents at USD 40.10 a barrel.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-consolidate-reliance-icici-bank-lupin-gain_6187861.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-consolidate-reliance-icici-bank-lupin-gain_6187861.html?utm_source=ref_article
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