Consolidation in the market, Bharti Airtel up
Beginning with today's market strength. Morning 9:21 am, the
Sensex rose 96 points to 22,562 and the Nifty gained 28 points at 6743 levels.
Midcap and Small cap stocks also buying trends.
Oil and gas stocks rose 0.5 per cent. Auto, tech, realty,
power, FMCG, IT, technical, consumer durables stocks are strong. Banks and
capital goods stocks are sluggish. Metal and healthcare stocks weakness.
Nifty stocks, Asian
Paints, Tata Motors, Grasim, Reliance Industries, Lupin, ONGC, BPCL, ITC, SBI
rose from 2 to 0.5 per cent.
Bharti Airtel's net profit in the fourth quarter of
fiscal year 2014 increased 58 per cent to Rs 962 crore. Bharti Airtel is 1.5
per cent.
Giants Sun Pharma,
BHEL, Tata Steel, Jindal Steel, Sesa Sterlite, Hindalco fell 1.5 to 0.5 percent.
Asian markets mixed trends. The index fell 0.5 per cent to 1
per cent, Hang Seng and Taiwan. Cospi slack. However, the
Straits Times gained 0.75 per cent. Nikkei,
Shanghai Composite, SGX Nifty edge.
On Tuesday spectacular quarterly results of companies and the
Federal Reserve's decision before the U.S. markets pushed up Nasdaq Composite 0.7 percent, Dow Jones
and S & P 500 index 0.5 climbed 0.5 per cent.
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