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Market High, Axis Bank Falls | Intraday Equity Commodity Tips







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Friday 21 March 2014

Market High, Axis Bank Falls

Due to strong international signals, the domestic markets trading shows a good sign on domestic markets.At 9:25 am, the Sensex rose 72 points to 21,812 and Nifty gained 22 points at 6505 levels . Midcap and Smallcap stocks are 0.5 per cent strong.
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Realty , consumer durables , capital goods , power , oil & gas , metal , technology , IT , auto stocks rose by 1 to 0.5 per cent . BAnk and health care  shre also shows some buying trend . FMCG stocks are sluggish .

Nifty stocks, Bharti Airtel , JP Associates , DLF , GAIL , Sesa Sterlite , L & T , Bank of Baroda , BHEL , Jindal Steel , SBI , PNB , Tata Steel , Tata Power rose by  1.5 to 1 per cent .

SUUTI sold 4.2 crore shares of Axis bank through block deal at a price of Rs 1334. Axis Bank falls by 1.5 per cent .

Asian Paints , BPCL , Sun Pharma , ITC , Hero Moto,Cipla stocks are 1 to 0.3 per cent weaker. UltraTech Cement and Grasim also shows some selling effect.

In midcap stocks, Jain Irrigation , Crompton Greaves , Union Bank , JSW Steel , Reliance Communications , HDIL , GMR Infra , Adani Enterprises , Tata Global rose from 2.75 to 1 per cent .

Asian markets shows strong trading . Straits Times , Shanghai Composite and SGX Nifty shares gain by 0.5 per cent . Hang Seng has a slight edge . Taiwan Index show dullness . Japan's stock market is closed today .

Due to good economic data,  U.S market shows strenght on Thursday. Dow Jones , S & P 500 and the Nasdaq Composite rose by 0.7 to 0.3 per cent.

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