12 February 2015

Get Accurate Intraday Tips; Nifty ends above 8700, Sensex up 271 pts

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Today The market ended higher with some last minute buying. The Nifty closed above 8700-level. The 50-share index was up 84.15 points or 0.9 percent at 8711.55. The Sensex ended up 271.13 points or 0.9 percent at 28805.10.Pipavav Defence & Offshore Engineering Co denied it was in talks to sell a stake to Mahindra & Mahindra Ltd, after a media report said it was close to clinching a deal.
In Intraday the market is clenching back its gains. The Nifty is above 8700-level. The 50-share index is up 87.35 points or 1 percent at 8714.75. The Sensex is up 241.93 points or 0.8 percent at 28775.90. About 1582 shares have advanced, 1190 shares declined, and 233 shares are unchanged. Dr Reddy's Labs, BHEL, Cipla, GAIL and Maruti are up 2-5 percent each while HUL, Bajaj Auto, Bharti Airtel, Coal India and SBI are losers.
The Intraday stock market picked up pace in the last half hour as the Nifty climbed over 8650 level again led by gains in select pharma and auto stocks.HDFC Bank, L&T, Axis Bank, Hero Motocorp, NTPC, GAIL, BHEL and Tata Power gained more than percent. However, ITC, State Bank of India, HUL, Bharti Airtel, Sun Pharma, Coal India and Tata Steel were down 0.4-1.4 percent. 

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