That is really nice that market gained a momentum....It is one of the best time to invest money on those stocks whose values is gaining momentum..
Thank you for this market analysis
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Market Analysis
India's wholesale price index (WPI) rose a lower-than-expected 6.87% in July from a year earlier, Banking stocks were the biggest beneficiary from inflation data as it also sparked hopes of rate cut from the Reserve Bank of India. Bank Nifty locked 1% gain.
Beaten down stocks post tepid quarterly results were leading the rally in Nifty today. Tata Motors, Ranbaxy, Tata Steel closed with hefty gains of over 2%. SBI and Bharti Airtel were exceptions in that list.
Amara Raja Batteries was the star performer of the day. India’s second largest battery manufacturer reported close to 100% jump in bottom line.
That is really nice that market gained a momentum....It is one of the best time to invest money on those stocks whose values is gaining momentum..
Thank you for this market analysis
Stock Tips Equity Tips
Markets traded with flat to negative bias with less volumes and closed on a flat note ahead of Inflation data in the coming session. Movement was seen in major banking stocks. Nifty future moved in the tight range of about 20 points and again facing stiff resistance around 5450 which is not easily surpassed. It needs to sustain above 5450 to remain in bullish phase while 5400 is seen as key support level below which 5350 is seen as next support for it.
Sensex trades flat; Oil & Gas, CG, PSU rise.
Godrej Properties jumps on strong response to Gurgaon project.
SpiceJet in talks with a Gulf airline for investment.
MCX gains 6% on reports of new equity index.
Lupin shares drop after US ruling on birth control drug.
