Tuesday, 17 November 2015

Sensex Marginally Higher; ITC Leads Again, Infosys Drags


http://www.researchvia.com/nifty-futures/
 
Free Nifty Tips -  Equity benchmarks maintained early gains. The Sensex gained 89.78 points at 25849.88 and the Nifty rose 25.55 points to 7832.15. About 1304 shares have advanced, 768 shares declined, and 141 shares are unchanged on the BSE.

The market continued to see buying interest, aided by banking & financials, FMCG, metals and infra stocks. However, the correction in Infosys limited upside. The Sensex rose 80.66 points to 25840.76 and the Nifty climbed 23.30 points to 7829.90. The broader markets marginally outperformed benchmarks; the BSE Midcap and Smallcap indices gained 0.4 percent and 0.6 percent, respectively.

The market breadth was also positive as about 1158 shares have advanced against 618 declining shares on the BSE. ITC continued to top contributor to Sensex's gains, up 2 percent. Vedanta, Hindalco, GAIL, BHEL and Sun Pharma rallied 1.5-3 percent.

Infosys lost 1.66 percent on margin warning for second half of FY16. Dr Reddy's Labs plunged over 2 percent and Bharti Airtel fell over a percent.

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