Friday 21 November 2014

Nifty Closer to 8500, Sensex New Record

Posted by Ways2Capital on Friday, November 21, 2014 with No comments

Sensex and Nifty today made another new peak. Nifty touched the upper level new record of 8482 today. The new record is created OF Sensex in the upper level of the 28320.99.

Banking, realty, consumer Durables and oil & gas stocks supported the market by buying. Although in IT stocks selling is dominated. BSE IT index fell by 1 percent. With major stocks Midcap and smallcap stocks are also in buying trends.

The BSE 30-share index Sensex 223 points, i.e 0.8 percent above is trading at the level of 28290. The NSE 50-share index Nifty 72 points, rose 0.9 percent is trading at 8474 levels.

During the market Kotak Mahindra Bank, SBI, Cipla, Axis Bank, ICICI Bank and Hindalco like legendary shares have gained from 6.5 to 2.3 percent. However, Infosys, Tech Mahindra, Sun Pharma, JSPL, Coal India, HUL and TCS like giant shares fell 2 to 0.5 percent.

In Midcap stocks Network 18, TV-18, Sanofi India, South Indian Bank and Vaibhav Global most rose from 8.8 to 5.7 per cent. In smallcap stocks Techno Electric, KGN Enterprises, Titagarh Wagons, Simplex Infra and Manaksia are strong most from 11.1 to 5.9 percent.

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