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Thursday 12 May 2016

Market Ups-Down Analysis and Conditions

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The S&P BSE Sensex rallied over 200 points in morning trade on Thursday led by gains in ICICI Bank, Axis Bank, L&T, SBI, and Asian Paints. The Nifty50 reclaimed its crucial psychological level of 7,900 supported by gains in consumer durable, capital goods, banks, auto, realty, and metal stocks.

Indian banking stocks rise, with the S&P BSE Bankex index jumping nearly 1 pct.India's upper house of parliament passed a new bankruptcy code on Wednesday.Code to address bank debts and improve ease of doing business in India.Bankex index has the highest weightage on benchmark BSE index, which is up 0.5 pctState Bank of India up 1.1 pct, ICICI Bank gains 2.5 pct, while Punjab National Bank rises 0.7 pct.

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2 comments:

  1. Unknown5 January 2017 at 14:34

    Stock market is highly volatile, it's bull and bear nature make it a complicated business. Commodities are still good to enter. Mostly
    Mcx tips and trader earns good.

    ReplyDelete
  2. Sonal Jain8 February 2017 at 12:27

    • Crude Oil March delivery is witnessing losses, and is down over a percent at $ 51.55 a barrel.
    • Brent Oil April expiry has also shed almost a percent at $ 54.57.
    MCX Crude Oil tips

    ReplyDelete

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