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Tuesday, May 7, 2013

Indian Share Market News & Updates Today

Indian share market closed on the positive note following the global sentiments. Nifty where crossed the resistance level of 6000 for the week. However it sustained above the 6000 mark. Nifty managed to close above the par at 6043.55 while the BSE Sensex is too much close to 20,000 benchmark. 
Major Gainers of the Day: Hero Motocorp, Bharti Airtel, Axis Bank, DLF, ITC
Major Losers of the Day: Coal India, Mah and MahAmbuja Cements, BPCL, Ranbaxy Labs

Top Market News & Highlights of Day

  • FMCG stocks Emami, Dabur, ITC, Makdovl Unilever, jubilant food, Tata Global, Godrej Consumer jumped from 3.25 to 1 percent.
  • Banking sector stocks Axis Bank, Yes Bank, Kotak Mahindra Bank, IndusInd Bank, Canara Bank, HDFC Bank surged between 3-2 percent.
  • Auto stocks like Bharat Forge, Hero Honda Motors, Ashok Leyland, Tata Motors jumped 4 to 2.5 percent.
  • Infosys can go for the start up of IT training and education business. The news in the market helped Infosys to go up 0.25 percent.
  • Aban Offshore received an order worth Rs 828 crore from company of Mexico . Aban Offshore has gained 3.5 percent.