14 January 2015

Morning Indian Share Market Tips; Sensex, Nifty start on a cautious note

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Today In Indian Share Market the barometer index, the S&P BSE Sensex was currently up 1.38 points or 0.01% at 27,427.11. The market breadth indicating the overall health of the market was strong. Yes Bank rose ahead of its Q3 results today, 14 January 2015. Tata Motors gained after reporting good global wholesales in December 2014.The S&P BSE Sensex started on a cautious note on Wednesday following muted trend seen in other Asian markets. The index was trading in a narrow range, weighed down by losses in ITC, ICICI Bank, HDFC Bank and Sesa Sterlite.
Tracking the momentum, the 50-share Nifty index also turned choppy after a positive start, weighed down by losses in banks, metal and FMCG stocks. In Intraday the 30-share index was at 27419, down 6 points or 0.02 per cent. It touched a high of 27460.76 and a low of 27351.27 in trade today . The Nifty was at 8299 up 2 points or 0.02 per cent. It touched a high of 8314.55 and a low of 8283.25 in trade today.
The S&P BSE Midcap Index was up 0.32 per cent and BSE S&P Smallcap Index edged higher by 0.37 per cent. BHEL (up 1.2 per cent), Tata Motors (up 1.1 per cent), HUL (up 1.1 per cent), Wipro (up 1.03 per cent) and Infosys (up 0.74 per cent) were among the major Sensex gainers. ITC (down 2.8 per cent), Sesa Sterlite (down 2.3 per cent), Hindalco (down 1.3 per cent), ICICI Bank (down 0.94 per cent) and Tata Steel (down 0.66 per cent) were the major index losers.

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