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Sensex Volatile , Nifty Gained New Heights | Intraday Equity Commodity Tips







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Tuesday, 1 April 2014

Sensex Volatile , Nifty Gained New Heights

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Today market has done a great start before RBI's credit policy.Nifty made its new lifettime high in 7th consecutive trading session.Nifty touched the 6732 level in business today .Sensex is also close to its highest level .

However,now the market seems to have pressure on the profit . At 9:27 am, the Sensex gained 7 points to reach 22393 and Nifty loss 3 points to 6701 levels . Smallcap stocks have some slight edge. There is some pressure on midcap stocks .

Consumer durables stocks rose 1 per cent . IT , technical , Auto , Oil & Gas , Healthcare , Power stocks are strong by 0.7 to 0.2 per cent . Metal and realty stocks are down by 0.5 per cent . FMCG , banks and capital goods stocks are growing rapidly.

In Nifty stocks Power Grid , ONGC , Tata Motors , Wipro , HCL Tech , TCS , Dr Reddy , NTPC , Infosys , Lupin , Tech Mahindra shares grows by 1.5 to 0.5 per cent .

Heavyweight shares like IDFC broke by around 3.5 percent.Asian Paints , Hindalco , PNB , ACC , HDFC , Ambuja Cements , BPCL , Tata Steel , IndusInd Bank , Kotak Mahindra Bank shares fell 2-1 per cent .
 
On monday U.S market also shows good sign of trading .The market gained some confidence with the statememnt of U.S. Federal Reserve chairman.

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