Tuesday, 29 December 2015

Free Market Analysis on Stock Market

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The S&P BSE Sensex started on a flat note with a positive bias on Tuesday, led by gains in HDFC, RIL, NTPC, Tata Motors, L&T, and Lupin.The Nifty50 started on a flat note, but the index was trading above its crucial support level of 7,900, supported by gains in realty, power, oil & gas, and auto stocks. Shares of HMt climbed over 2 per cent while that of NTPC surged about 3 per cent in early trade. Cairn India shares slipped over 2 per cent. Tube Investments slipped over 2 per cent. 

Indian stocks gained nearly one percent on Monday to post their highest close in nearly four weeks, led by renewed buying in financial and pharma stocks although volumes were thin in the year-end holiday season and ahead of F&O expiry on Thursday.The Nifty rose 0.82 percent to close at 7,925.15, its highest close since Dec. 2.The Sensex gained 0.76 percent to end at 26,034.13, also its highest close since Dec. 2


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