In Intraday Equity benchmarks surged one percent on Monday
ahead of RBI policy tomorrow, recouping more than half of Friday’s losses. The
Indian rupee also some recovery but it held 61-mark. The 30-share Sensex rose
242.32 points to close at 25723.16 and the 50-share Nifty climbed 81.05 points
to 7683.65 followed by broader markets. The BSE Midcap and Smallcap indices
gained 0.9 percent and 1.1 percent, respectively.
Technology stocks led today’s rally with the BSE IT Index
gaining 2 percent aided by weak rupee that continued to hold the 61 a dollar
level. Infosys was the top gainer in the Sensex, up 3.66 percent followed by
Wipro with 2.4 percent. Top car maker Maruti Suzuki continued to see buying
interest, up 2.4 percent in addition to 2.5 percent gains in Friday’s session
after strong July sales numbers.
Among others, shares of ITC, Larsen and Toubro,
ICICI Bank, ONGC, Sesa Sterlite, Hindalco Industries, Mahindra and Mahindra and
BHEL gained 1-3 percent. However, HDFC, Sun Pharma, HDFC Bank, Bharti Airtel
and Cipla underperformed, falling 0.3-1 percent.For 2 Days Free Trial on Intraday tips, Day trading tips ,Intraday Trading tips, Mcx tips, Commodity tips and Equity and Intraday stock tips, Free Intraday tips and Get Live Intraday Market Updates please visit our site at www.capitalheight.com/about.php or call our 24/7 Customer Care Support us at +91 9993066624, 0731 – 6615050.
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