1 September 2014

Get Live Intraday Trading Tips Market Updates; Sensex, Nifty at new high

In Intraday Equity benchmarks jumped to all-time high with the Sensex rising 190.82 points to 26828.93 and the Nifty climbing 60.60 points to 8014.95 aided by banks, infrastructure and technology stocks. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gaining a percent each.
Advancing shares outnumbered declining ones by a ratio of 1379 to 501 on the Bombay Stock Exchange. Shares of L&T, Hindalco Industries, Cipla, GAIL and Tata Power topped the buying list, up more than 2 percent followed by State Bank of India, ICICI Bank, ONGC, Bharti Airtel, Hero Motocorp, Maruti Suzuki, Coal India and Tata Steel with 1-1.8 percent. However, HDFC, Sun Pharma and Tata Motors were only losers in the Sensex.
Investors lapped up shares of Natco Pharma on Monday after its marketing partner, Mylan Inc filed ANDA for generic Copaxone (to treat patients with relapsing forms of multiple sclerosis). Shares of Bajaj Electricals gained as much as 6.4 percent in early trade Monday on getting four orders in Tamil Nadu, Bihar and West Bengal.


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