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Market in bullish trend.

Markets in bull mode after PM’s Japan visit which promises an investment of $33 billion investment. Sensex gains 45 points with 16 advances and 14 declines. Nifty gains 20 points with 29 advances and 21 declines. Nifty crossed 8000 as GDP has hit 5.7% in Apr-Jun, 2014, Oil prices are one-year low, FII investments and LIC investment push.

Coromandel and Cipla gains more than 6% on the current trading session. Castrol India, Telecom majors Idea and Airtel gains more than 3%. CNX Realty and Pharma gains more than 1.5%.

Bhusan steel fall story continues. Shriram city and RECL have lost more than 2%. CNX IT and METAL are in red region among the indices.

Infosys and Cipla tosp the turnover list in BSE.

News Corner

Current account deficit widens to $7.8 billion

Core sector growth in India Inc slows to 3 month low

Car sales increase after the Narendra Modi’s 100 days

Banks allowed to issue risky bonds to retail investors


 

 

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