Markets remain bullish; APSEZ, Hero MotoCorp shares advance 08/08/2016 14:15
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02.15 Pm - Nifty Fut : Buy Zone
The key domestic benchmark indices were trading higher in the late afternoon trading session on account of sustained buying activities by both funds and retail investors and on firming trend in Asian markets, on the back of stronger-than-expected US jobs report released on Friday.
Dalal Street this week will be dictated by the RBI’s policy meeting, the last leg of corporate earnings, macro-economic data and the progress of monsoon rains. The RBI on Tuesday may maintain status quo on interest rates as a pickup in inflation in the past three months amid a jump in food prices has left little room for further monetary easing.
The focus will also be on the June industrial output data and July consumer inflation to be released on Friday.
At 02:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28167.56 up by 89.21 points or by 0.32 per cent, while the NSE Nifty was at 8703.35 points, trading higher by 20.2 points or by 0.23 per cent.
The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 239.15,+2.27 per cent), Hero MotoCorp Ltd. (Rs. 3510.20,+2.21 per cent), Lupin Ltd. (Rs. 1699.85,+1.51 per cent), Reliance Industries Ltd. (Rs. 1029.00,+1.42 per cent), Housing Development Finance Corporation Ltd. (Rs. 1358.70,+1.36 per cent), among others.
Meanwhile, Bharti Airtel Ltd. (Rs. 350.00,-3.63 per cent), Sun Pharmaceutical Industries Ltd. (Rs. 834.75,-0.90 per cent), NTPC Ltd. (Rs. 160.00,-0.81 per cent), Larsen & Toubro Ltd. (Rs. 1503.50,-0.60 per cent), ITC Ltd. (Rs. 250.35,-0.44 per cent), was among the top losers on BSE.
On the global front, Asian stocks were trading higher today after strong U.S. jobs data reassured investors that the world's largest economy still was growing boosting American stocks. The US markets ended higher in the previous trading session as traders cheered the July jobs data even as it bolstered the case for an interest rate hike before the end of the year.
Free Intraday Tip : Join Our Whatsapp No : 9841986753
02.15 Pm - Nifty Fut : Buy Zone
The key domestic benchmark indices were trading higher in the late afternoon trading session on account of sustained buying activities by both funds and retail investors and on firming trend in Asian markets, on the back of stronger-than-expected US jobs report released on Friday.
Dalal Street this week will be dictated by the RBI’s policy meeting, the last leg of corporate earnings, macro-economic data and the progress of monsoon rains. The RBI on Tuesday may maintain status quo on interest rates as a pickup in inflation in the past three months amid a jump in food prices has left little room for further monetary easing.
The focus will also be on the June industrial output data and July consumer inflation to be released on Friday.
At 02:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28167.56 up by 89.21 points or by 0.32 per cent, while the NSE Nifty was at 8703.35 points, trading higher by 20.2 points or by 0.23 per cent.
The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 239.15,+2.27 per cent), Hero MotoCorp Ltd. (Rs. 3510.20,+2.21 per cent), Lupin Ltd. (Rs. 1699.85,+1.51 per cent), Reliance Industries Ltd. (Rs. 1029.00,+1.42 per cent), Housing Development Finance Corporation Ltd. (Rs. 1358.70,+1.36 per cent), among others.
Meanwhile, Bharti Airtel Ltd. (Rs. 350.00,-3.63 per cent), Sun Pharmaceutical Industries Ltd. (Rs. 834.75,-0.90 per cent), NTPC Ltd. (Rs. 160.00,-0.81 per cent), Larsen & Toubro Ltd. (Rs. 1503.50,-0.60 per cent), ITC Ltd. (Rs. 250.35,-0.44 per cent), was among the top losers on BSE.
On the global front, Asian stocks were trading higher today after strong U.S. jobs data reassured investors that the world's largest economy still was growing boosting American stocks. The US markets ended higher in the previous trading session as traders cheered the July jobs data even as it bolstered the case for an interest rate hike before the end of the year.
