Wednesday, 4 November 2015

Sensex, Nifty trim gains; Tata Motors zooms, Eros up again


http://www.researchvia.com/nifty-futures/
 
The Market trimmed some early gains, weighed by TCS, ICICI Bank and Axis Bank. The 30-share BSE Sensex rose 119.23 points to 26709.82 and the 50-share NSE Nifty advanced 26 points to 8086.70.
 
The broader markets also traded in line with benchmarks; the BSE Midcap was up 0.6 percent and Smallcap gained 0.5 percent. Two shares advanced for every share declining on BSE.


Tata Motors surged more than 5 percent on strong JLR US sales data. October JLR sales in US surged 76.1 percent at 8,187 units from 4,650 Units in year-ago period. Its Land Rover US sales were up 97.6 percent at 7,199 units in October from 3,643 Units year-on-year. However, Jaguar's sales was down 1.9 percent at 988 units from 1,007 units (Y-o-Y).


Eros International gained 6 percent again today. Rajesh Exports, HSIL, Jain Irrigation and Ratnamani Metal were other top midcap gainers, up 3-5 percent.


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