Tuesday, 27 January 2015

Sensex-Nifty Marginally Strong, Metal Stocks Beating - Ways2Capital

Posted by Ways2Capital on Tuesday, January 27, 2015 with No comments

After the record levels lethargy is being seen in the markets. Sensex lead 50-point, while Nifty is trading flat. As the beginning today Sensex made new records at the upper level of 29456.63, and Nifty managed to go the record upper level of 8878.20.

Metal and IT stocks are selling due to which there is pressure on the market. Metal and IT index declined by 1-1 percent. While shopping trends in Capital goods stocks. The midcap and smallcap stocks are also seeing modest shopping.

The BSE 30-share index Sensex 78 points with a gain of 0.25 percent is trading at 29357. The 50-share NSE Nifty index is trading at 8845 with a lead of 10 points.

During the market Tata Motors, Tata Power, BHEL, L&T, ITC and Cipla like giant shares have gained 2 to 1.4 percent. However, Infosys, Hindalco, Dr Reddy's, Bajaj Auto, Ambuja Cement and Coal India like luminaries shares declined from 2.3 to 1.2 percent.

In the mid-cap stocks Max India, Sun Pharma Advanced, Pipavav Defence, Edelweiss and IIFL gained the most from 10.4 to 3.9 percent. Smallcap stocks Modern Industries, Warren T, Kennametal, Nectar Life and Hanung Toys rose highest from 10 to 5.4 percent.

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