21 January 2015

Today Intraday Trading Tips; Nifty above 8700, Sensex firm

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Today in Intraday Market as many as 199 stocks tracked the strong momentum in the broader market today and touched their year-high levels as the BSE benchmark Sensex surged 522.66 points to hit an all-time high of 28,829.29.
Among the blue-chip stocks that touched their 52-week high mark included Axis Bank, HDFC, HDFC Bank, ICICI Bank and Tata Motors. Others included Yes Bank, Whirlpool of India, SpiceJet, MindTree, MRF and HT Media also hit one-year peak.
Intraday Equity markets scaled a new high today. There is no one reason for this, the over market is in a bull grip.The S&P BSE Sensex rallied as much as 96 points in trade on Wednesday to hit its fresh lifetime high of 28880.80, led by gains in HDFC, HDFC Bank, TCS, L&T and Sun Pharma.
Tracking the momentum, the 50-share Nifty index also surged as much as 27 points in trade t touch its fresh record high of 8722.50, supported by gains in capital goods, banks, auto, and consumer durable and metal stocks.

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