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Monday 12 May 2014

Market Closed At High Records | Get Free Equity stock Tips

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Friday started rally continued today also before the exit polls .The market is filled with energy on the expectation of NDA government.Sensex at 23,573 and Nifty at 7020 created a new life high .

After post trading Sensex gained 557 points closed at 23, 551 and Nifty gained 155 points to closed at 7014.Midcap and Smallcap stocks are back in rally. Midcap and Smallcap stocks are 0.75 to 0.5 percent stronger.

In Nifty , Sensex , and Bank Nifty closed at record levels . The Nifty closed above 7000 and Sensex closed above 23500 for the first time. Bank Nifty closed at 14091 . From the last 2 trading sessions, the Sensex - Nifty rose 5.3 per cent .

Oil & Gas , Power , Auto stocks surged 3 per cent . Capital Goods , Bank , FMCG , metal, consumer durables stocks rose 2.75 to 2 per cent . Technical , IT , realty shares strengthened 1.25 to 1 per cent . However , Healthcare shares fell nearly 1 per cent .

In Nifty stocks , Coal India and Power Grid 6 and 5.25 percent respectively. Grasim , HDFC Bank , Hero Moto , ITC , Maruti Suzuki , Tata Motors , BPCL , GAIL , SBI , UltraTech Cement rose 4.75 to 3.5 per cent .

Balrampur sugar 's net profit in the fourth quarter of fiscal year 2014 increased approximately 2.7 times to Rs 189.9 crore . Balrampur sugar closed at an edge.

Big stocks like United Spirits broke around 3 per cent . Sun Pharma , Cipla , Hindalco , Jindal Steel , Lupin , Kotak Mahindra Bank was dropped from 1.5 to 0.25 per cent

In Asian markets, Shanghai Composite , Hang Seng rose 2 percent . Kospi strengthened 0.5 percent . However Straits Times , Taiwan Index , Nikkei fell 1 to 0.35 per cent .

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