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Market goes in uptrend. Nifty crosses 7800.

Stock Market

Market moves green region with the support PSU Banks. Nifty gains 22 points with 24 advances and 26 declines. Sensex gains 110 points with 14 advances and 16 declines. Buying by the funds and retail participation have helped the indices to gain.

Financial Technologies green trend continues with 8% gain. Jet airways gains more than 4%. GMR Infra and Bank of Baroda gains more than 3%. CNX IT and CNX PSUBANK have gained more than 1.5%.

Sun tv loses more than 8% with heavy volumes. ING Vysya and Ultratech cement have lost more than 3% on the current trading session. CNX Media and CNX Commodities looks in red with loses of more than 0.5%.

News Corner

Battery maker Exide Industries would invest Rs 350 to increase its capacity.

During June investments into Indian shares through participatory notes (P-Notes) surged to the highest level in the last six years at Rs 2.24 lakh crore.

Axis banks hits new 52 week high on Q1 results.



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