Indian Share Market News and Analysis

For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at www.marketmagnify.com/services.php or call at 07314759300

The S&P BSE Sensex slipped nearly 100 points in morning trade on Friday tracking muted trend seen in other Asian markets, led by losses in HDFC, Bharti Airtel, Tata Motors, M&M, TCS, and SBI.The Nifty50 was trading above its crucial level of 7,700 supported by gains in power, consumer durable, IT, and realty stocks.

Jaiprakash Associates gains as much as 13 pct to a month-high of 8.75 rupees, UltraTech Cement up as much as 1 pct.UltraTech board approves deal to buy identified JAL cement plants at enterprise value of 159 bln rupees ($2.40 billion).The successful amendment to the Mines and Mineral (Development and Regulations) Amendment Bill, 2016 will facilitate timely integration of Jaiprakash's assets with that of UltraTech," Kotak Institutional Equities says