Tuesday, 21 October 2014

Sensex-Nifty Recovery, Power Shares Shine

Posted by Ways2Capital on Tuesday, October 21, 2014 with No comments

The lower levels are once again seeing a boom in the market. Sensex and Nifty is showing an increase of 0.5 percent. In Today's trading Sensex broken upto 26407, Nifty had dropped to 7874.35. Midcap and Smallcap stocks are also showing good buying trend. Power Consumer Durables and realty stocks seems most buying trend. Although the Oil & Gas and Pharma stocks are coming under pressure. 

The BSE 30-share index Sensex with a gain of 131 points i.e 0.5 percent is trading at 26561. While major NSE index of 50-share Nifty rose 42 points i.e 0.5 percent is trading at 7921 levels. 

During this period of market JSPL, GAIL, Sesa Sterlite, BHEL, IDFC, Wipro and ICICI Bank like giant shares have gained the most from 5.5 to 2.3 percent. However, PNB, ONGC, Lupin, M&M, Coal India, Infosys and Sun Pharma like giant shares have fallen from 2.3 to 0.5 percent. 

In Midcap stocks BEML, Sobha Developers, TVS Motor, Vaibhav Global and Tube Investment gained the most from 9.1 to 4.8 percent. In Smallcap stocks Kaplin Labs, SRS Finance, Kalyani Steel, ESS DEE and Maha Shree Umaid strengthened from 15.4 to 7.7 percent.


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