Thursday 22 January 2015

Sensex Crosses 29,000, Nifty Above 8750 - Ways2Capital

Posted by Ways2Capital on Thursday, January 22, 2015 with No comments

The market is continuously growing fast. Sensex first time has managed to go beyond the 29,000, the Nifty has risen above 8,750. With veterans Midcap and smallcap stocks are also shopping. Due to buying in the metal, pharma, Capital Goods and IT stocks market is supported.

The BSE 30-share index Sensex 100 points with a gain of 0.3 percent is trading at 28989. While the 50-share NSE leading index Nifty 15 points i.e rose 0.2 percent, is trading at 8745 levels.

During market trading Sesa Sterlite, Asian Paints, Zee Entertainment, ITC, Sun Pharma, Bajaj Auto, and ONGC like heavyweight stocks rose from 2.5 to 1 percent. However, Cairn India, Kotak Mahindra Bank, Bharti Airtel, HCL Tech, NTPC, HUL, Reliance Industries and ICICI Bank like giant shares fell 1.4 to 0.25 percent.

In midcap stocks SpiceJet, Novartis, DB Realty, Blue Star and Responsive Industries are the most robust by 5.2 to 2.4 percent. Smallcap stocks Rajlakshmi Industries, Hitachi Home, Marathon Realty, Spice Mobility and Rollatainers rose the most from 10 to 4.8 percent.

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