20 January 2011

Bounces Back Nifty

Smart Indian stock market bounce Financial, (except Wipro) out power in technology, business benefits shown in the last minute, and Hero Honda, Hindalco and Sun Pharma shares with the Anil Dhirubhai Ambani Group.

share market in india
Nifty touched 5700 levels, but it was very volatile market. Chairman Naresh Kothari of Edelweiss Capital, the trend in the first half of this calendar year is expected to continue.

IT Finance Leadership; Nifty bounces back to 5700. Now the giants ONGC, Reliance Industries, ITC and Bharti Airtel's business to fall short with 1-25. Sterlite, SAIL, Tata Steel, Tata Motors, Maruti, Ranbaxy, DLF and Bajaj Auto were the other losers.

5696-5 50-share NSE Nifty gained more than 50 points the same points and 150 points at the day's recovery after 13 to 30 share BSE Sensex 991 points 18.

Heavyweight ICICI Bank State Bank of India scored 3.25%, HDFC Bank, HDFC, Axis Bank, Kotak Mahindra Bank and IDFC, followed by 1-2% increase. ICICI Bank's 8 million shares in open interest involved.

TCS, Infosys and Wipro gained 0.5% to 1.9 Technology Pack. Cement space and add strength - ACC and Ambuja Cements was 0.75 to 1%.

Anil Dhirubhai Ambani Group firm Reliance Communications, Reliance Energy and Reliance Capital shares were 0.8 to 1.8%, while Reliance Infrastructure was flat.

NTPC and Power Grid shares as a percentage of the public sector is all. Sun Pharma, Hero Honda, JSPL, Hindalco, Sesa Goa and M & M rallied 1-2%.

M & M Financial, SKS Microfinance, Bajaj Electrical collected, Gujarat Flourochem Orchid Chemical and 4-7%, Kirloskar Brothers, HCL Info Torrent Pharma, the Thermax and KGN Industries slipped 4-5%.

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