Domestic indices continued to edged higher during the noon trading session amid buying interest in index
heavyweights including Tata Steel, Sesa Sterlite, Sun Pharma, Tata Power, Dr. Reddy and Cipla among others.
• Earlier, tracking firm trend in fellow Asian markets and a bullish closing on Wall Street overnight, the domestic
bourses belled the day in positive terrain and witnessed broad based buying as a dip in US jobless claims last week
signaled an improving labour market recovery,
• Moreover, the investors are waiting for the GDP figure to be released later in the day. The revised GDP data for
2013/14 fiscal year, ending March 31, will be released at around 5.30 pm.
• Market participants feel that the Govt may cut its estimate of 5 percent growth forecast for the fiscal year that ends
on March 31, on a slower than-expected recovery by industries.
• Telecom stocks were mostly lower. Capital goods stocks edged higher. Tata Steel extended initial gains. Bank stocks
edged higher.
• At present, Sensex was trading at 20344 up by 33 points while Nifty was trading at 6074 up by 38 points at this
afternoon.
• Aurobindo Pharma continues its upward journey with daily new 52 week high.
• Sectorwise, Health care, Metal and Auto led the rally today while CD FMCG IT & Tech were under selling grip today.
• However, both small cap and midcap stocks continue to trade higher by about more than half a percent up today.
heavyweights including Tata Steel, Sesa Sterlite, Sun Pharma, Tata Power, Dr. Reddy and Cipla among others.
• Earlier, tracking firm trend in fellow Asian markets and a bullish closing on Wall Street overnight, the domestic
bourses belled the day in positive terrain and witnessed broad based buying as a dip in US jobless claims last week
signaled an improving labour market recovery,
• Moreover, the investors are waiting for the GDP figure to be released later in the day. The revised GDP data for
2013/14 fiscal year, ending March 31, will be released at around 5.30 pm.
• Market participants feel that the Govt may cut its estimate of 5 percent growth forecast for the fiscal year that ends
on March 31, on a slower than-expected recovery by industries.
• Telecom stocks were mostly lower. Capital goods stocks edged higher. Tata Steel extended initial gains. Bank stocks
edged higher.
• At present, Sensex was trading at 20344 up by 33 points while Nifty was trading at 6074 up by 38 points at this
afternoon.
• Aurobindo Pharma continues its upward journey with daily new 52 week high.
• Sectorwise, Health care, Metal and Auto led the rally today while CD FMCG IT & Tech were under selling grip today.
• However, both small cap and midcap stocks continue to trade higher by about more than half a percent up today.
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