31 October 2014

Today Intraday Tips Updates; Sensex gains over 250 pts, Nifty hits 8250

Today the Intraday market remained at record high. The Sensex rose 260.01 points or 0.95 percent to 27606.34 and the Nifty jumped 77.60 points or 0.95 percent to 8246.80. About 1537 shares have advanced, 595 shares declined, and 88 shares are unchanged. Equity benchmarks continued to trade around their record highs with the Sensex rising 235.50 points to 27581.83 and the Nifty climbing 68.20 points to 8237.40 following strong US cues.
Titan Company, Tech Mahindra, IDFC, SBI, Maruti Suzuki, Bharti Airtel, TCS and Shriram Transport were the most active shares on exchanges. In the midcap space, Relaxo Footwear, Gujarat Pipavav, Sintex Industries, HCC and SKS Microfinance jumped 5-6 percent while SRF, Responsive Industries, eClerx Services, Hindustan National Glass and FAG Bearings lost 2-4 percent.
Prices of nickel and copper moved up by Rs 2 per kg at the local non-ferrous metal market today on increased demand from consuming industries amid a firm global trend. Traders said sentiments turned better as nickel led most industrial metals higher in global markets after Bank of Japan unexpectedly increased monetary stimulus and before an official gauge of Chinese manufacturing.

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