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Nifty Crosses 6700 | Sun Pharma Rises | Get 2 Days Free Trial | Intraday Equity Commodity Tips







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Monday, 7 April 2014

Nifty Crosses 6700 | Sun Pharma Rises | Get 2 Days Free Trial

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The market begins with a very dull mood.But still it has increased its buying effect.Nifty will cross 6700.On Morning 9:25 am, the Sensex rose 43 points to 22,403 and Nifty gained 29 points at 6723 level . Midcap and Smallcap stocks seems a little buying .

Healthcare , Metal , Oil & Gas , Realty , FMCG , Capital Goods , Power shares rose 0.5 to 0.25 per cent . However , consumer durables broke by 1 percent. There is some weakness in IT and Tech sector.Bank shares are under pressure.

Sun Pharma has announced to purchase Ranbaxy in $ 4 billion.So Sun Pharma shares gained 2.5 percent. However , Ranbaxy has broken 2 percent.

Bajaj Auto , BPCL , ACC , Tata Steel , NMDC , Power Grid , Ambuja Cements , Cairn India , DLF , Lupin , Bharti Airtel , Gail , UltraTech Cement , Tata Power shares are strong by 1.25 to 0.75 per cent .

In heavyweights shares like BHEL broke by 2 per cent . Dr Reddy's and Tech Mahindra fell 1 percent . Bank of Baroda , IndusInd Bank , PNB , HUL , Asian Paints , ITC , Infosys , Hero Moto , ICICI Bank , Wipro shares are 0.5 to 0.2 per cent weaker .

In Asian market, the Nikkei has broken by nearly 1.5 per cent . Hang Seng , Taiwan Index , Straits Times fell nearly 0.5 per cent .

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