Friday, 29 January 2016

Free Equity Market Analysis and Impact

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The market has opened volatile on first day of February series but immediately gained strength. The Sensex rose 122.59 points to 24592.16 and the Nifty climbed 45.50 points to 7470.15. ONGC, ITC, Coal India, HDFC, Bharti Airtel, Vedanta, Cairn India and Kotak Mahindra Bank rallied 1.8-4 percent while ICICI Bank tanked 5 percent. Maruti Suzuki, Axis Bank, Tata Motors and Dr Reddy's Labs lost ground. 
Asian shares got off to a tentative start on Friday after oil cobbled together a third session of gains and markets wagered U.S. interest rates would not be rising much this year, if at all.


Speculation is also rife the Bank of Japan will have to add yet more stimulus, though many doubt it will come at Friday's first policy meeting of the year.

2 comments:

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  2. • Ashok Leyland gets members nod for amalgamation with Hinduja Foundries
    • Future Ent sells complete 16.09% equity in Future Lifestyle to Future Corporate
    • Empee Distilleries: Board withdraws plan of sale of 1.95 cr shares in Empee Hotels
    CapitalStars

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