Tuesday, 25 June 2013

DAILY MARKET UPDATE(26/6/2013)

                                                 ECONOMY ANALYSIS


Gitanjali Gems down 40% in 2 days; recent RBI norms to hurt 

 Q1 will shock, pharma only place to hide: Morgan Stanley

 Mahindra Satyam to announce merger details today: Sources

 Government approves Rs 650-crore penalty on Bharti Airtel: 
Official

Ranbaxy slumps on Mohali plant under USFDA watch reports

                                                 MARKET ANALYSIS

The Sensex pared some of the intraday gains but closed above 18,600 
taking cues from the positive global markets. The People's Bank of China's 
statement that it was addressing liquidity concerns provided support.

 The 30-share index ended at 18,629.15, up 88.26 points or 0.48% per cent. 
It touched a high of 18,802.31 and a low of 18,487.30 in trade today.

 The Nifty ended at 5,609.1, up 18.85 points or 0.34 per cent. It touched a 
high of 5,666.25 and a low of 5,570.25 in trade today.

 Bharti Airtel (4.91 per cent), ONGC (3.73 per cent), M&M (3.46 per 
cent), Hindalco (2.44 per cent) and ITC (2.08 per cent) were among the 
Sensex gainers
.
Tata Power (3.05 per cent), NTPC (2.15 per cent), Coal India (2.02 per 
cent), SBI (1.92 per cent) and Wipro (1.92 per cent) were among the top 
index losers.

 The market breadth was negative on the BSE with 984 gainers against 
1,308 losers.

No comments:

Post a Comment