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Monday, 29 September 2014

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Nifty Sensex Slack on 29 Sep 2014

Today no movement nifty and sensex, in opening time nifty sensex flat after consolidation mode and then now slack. Movement like either move down 10 point or 10 point move to up. Researcher said diwali time nifty will move on positive value. Nifty at 7982.70 gain to 13.85 point and sensex at 26682.00 gain to 55368 point. About 1728 shares have advanced, 828 shares declined and 79 shares are unchanged. Midcaps, IT and pharma stocks are supporting the indices with smart gains.

All eyes are now on the Reserve Bank of India as the market gears up for the policy announcement tomorrow. A CNBC-TV18 poll suggests that Raghuram Rajan may hold fire this time. Bankers, dealers and company CFOs expect no rate cut in the policy tomorrow but a tone as hawkish as august.

Top gainers is Sun Pharma, TCS, Cipla, BHEL and Infosys.

Top losers is Hindalco, Tata Power, Coal India, Bharti Airtel and ITC.

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1 comment:

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