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Nifty above 7100 ; Sensex Crosses 24000 ; HDFC Bank Fall | Get Free Stock Tips | Intraday Equity Commodity Tips







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Tuesday 13 May 2014

Nifty above 7100 ; Sensex Crosses 24000 ; HDFC Bank Fall | Get Free Stock Tips

Today is a day to celebrate as market is jubilant on poll euphoria.

The Sensex is up 492.10 points or 2.09 percent at 24043.10, and the Nifty up 150.70 points or 2.15 percent at 7164.95.
BHEL is up 13 percent while ONGC, Tata Steel, GAIL and Tata Power are top gainers in the Sensex. Heavyweights ITC and HDFC Bank are falling prey to profit booking. Dr Reddy's Labs is down over 1 percent. 

Rupee is higher on positive domestic market sentiment after exit polls predict NDA majority at the centre. However, likely dollar buys by PSU banks cap gains.

Euro is trading stable at one month lows against the dollar but is under pressure as investors expect the ECB to try and limit the euro strength and the yen trade at a one week low

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