22 January 2015

Today Intraday Trading Tips; Sensex ends above 29000, up for 6th day

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Today The Intraday market ended at fresh record closing high on Thursday, gaining for the sixth consecutive session ahead of European Central Bank meeting outcome later in the day. The 30-share BSE Sensex closed above 29000 for the first time, up 117.16 points at 29006.02 while the 50-share NSE Nifty rose 31.90 points to 8761.40. The broader markets ended on a flat note amid consolidation.
Globally, Intraday markets gained strength ahead of the European Central Bank meet outcome. Expectations are of 50 billion euros per month of bond buying by the ECB. European markets were mixed while Asian markets closed higher with the Hang Seng and Shanghai rising over 0.5 percent. Brent crude prices traded below USD 50 a barrel. Back home, healthcare, metals, capital goods, select technology and auto stocks supported the market.

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