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Monday 13 October 2014

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Nifty Hover Around 7850 on monday 13 Octber 2014

Nifty sensex hover arround on 7850, Nifty move down to 6.45 point at 7853.50 and Sensex move down to 41.80 point at 26255.58. In mornig session nifty weak opened and break 7800 point value. About 19 shares have advanced, 31 shares have declined and zero shares have unchanged.

JP Morgan cuts its India GDP growth projection for 2014/15 to 5.1 percent from 5.3 percent after weak factory output print. The Reserve Bank of India projects GDP to grow at around 5.5 percent in the current fiscal year ending March 2015.

Top gainers is  Jindal Steel, Infosys, PNB, Coal India, Tata Steel, TCS, Tech Mahindra.

Top losers is DLF, M&M, Bharti Airtel, Dr.Reddy's Labs, Cipla, BHEL, NTPC.

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