The key domestic benchmarks closed higher today as traders rolled over their positions on the last day
of the expiry of the February F&O contracts. Sensex advanced for the fourth day on the trot, rallying
by more than 130 points driven by gains in FMCG and Capital Goods respectively.
Investors were optimistic ahead of the Q4 GDP numbers to be released on Friday. While India’s
economy may have seen below 5 per cent growth for a fifth straight quarter, economy experts reckon
that the worst of the slowdown maybe over with growth expected to pick up in the coming quarters.
Markets will be closed on Thursday on the occasion of Mahashivratri.
Asian stocks ended on a mixed note as investors were cautious ahead of the US new home sales data
which may signal a further slowdown in the world’s biggest economy.
China’s Shanghai Composite rebounded after a four-day losing streak as money market rates fell to
the lowest level in seven months. Hang Seng closed higher while Japan’s Nikkei 225 fell as a stronger
yen. .
The Market breadth, indicating the overall health of the market, was weak. On BSE out ofout of total
shares traded 2925, shares advanced were 1391 while 1380 shares declined and 154 were unchanged.
Stocks like Clutch Auto,ITDC , Puravanakara projects , Spicejet made new 52 week low and ABB,
Ajanta Pharma , Apollo tyre , Bajaj electricals , Bharat forge ,CESC , Divis Labs, Dr Reddy , HCL tech
,Lupin, Polaris continue to make new 52 week high today.
Top Nifty Gainers were Dr Reddys Labs, Gail , Mahindra and Mahindra , ITC, BHEL.
Top Nifty Losers were NMDC, Tata steel, Sesa sterlite , Tata power , Indusind bank
Global Markets Updates:
European shares were on trading lower as there was some weak data and the situation in Ukraine
however they pulled back as the German business climate came in better than expected.
Both Dow and Nasdaq Futures were trading in RED today.
of the expiry of the February F&O contracts. Sensex advanced for the fourth day on the trot, rallying
by more than 130 points driven by gains in FMCG and Capital Goods respectively.
Investors were optimistic ahead of the Q4 GDP numbers to be released on Friday. While India’s
economy may have seen below 5 per cent growth for a fifth straight quarter, economy experts reckon
that the worst of the slowdown maybe over with growth expected to pick up in the coming quarters.
Markets will be closed on Thursday on the occasion of Mahashivratri.
Asian stocks ended on a mixed note as investors were cautious ahead of the US new home sales data
which may signal a further slowdown in the world’s biggest economy.
China’s Shanghai Composite rebounded after a four-day losing streak as money market rates fell to
the lowest level in seven months. Hang Seng closed higher while Japan’s Nikkei 225 fell as a stronger
yen. .
The Market breadth, indicating the overall health of the market, was weak. On BSE out ofout of total
shares traded 2925, shares advanced were 1391 while 1380 shares declined and 154 were unchanged.
Stocks like Clutch Auto,ITDC , Puravanakara projects , Spicejet made new 52 week low and ABB,
Ajanta Pharma , Apollo tyre , Bajaj electricals , Bharat forge ,CESC , Divis Labs, Dr Reddy , HCL tech
,Lupin, Polaris continue to make new 52 week high today.
Top Nifty Gainers were Dr Reddys Labs, Gail , Mahindra and Mahindra , ITC, BHEL.
Top Nifty Losers were NMDC, Tata steel, Sesa sterlite , Tata power , Indusind bank
Global Markets Updates:
European shares were on trading lower as there was some weak data and the situation in Ukraine
however they pulled back as the German business climate came in better than expected.
Both Dow and Nasdaq Futures were trading in RED today.
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