Wednesday 2 September 2015

Sensex soars over 200 pts, Nifty reclaims 7800; BHEL up 2%-- 3 Sep 2015

Tata Motors, Tata Steel, M&M, Hindalco and ICICI Bank are top gainers while HUL, Coal India, TCS, GAIL and Lupin are among laggards.

                                 
The market is surging ahead firmly as the Sensex is up 263.07 points or 1 percent at 25716.63. The Nifty is up 86.60 points or 1 percent at 7803.60. About 1303 shares have advanced, 358 shares declined, and 40 shares are unchanged. Tata Motors, Tata Steel, M&M, Hindalco and ICICI Bank are top gainers while HUL, Coal India, TCS, GAIL and Lupin are among laggards. Meanwhile, monsoon rains are likely to be below the prior forecast of 88 percent of the long-term average, the weather office chief said, which could make it the driest year since 2009 and worsen rural distress by cutting farm output. The July-September rains irrigate nearly half of India's farmlands, bringing relief to millions of poor farmers who till small plots of land to sustain their families. This would be the second straight year of drought- or drought-like conditions for only the fourth time in 115 years, which is another setback for Prime Minister Narendra Modi struggling to win over political opposition to pass reforms and unshackle Asia's third-largest economy.

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2 comments:

  1. Thank you for Sharing this great post here. I find all this tips very useful for Investors & Trading....
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  2. To cover Modi ji our media focus as GLOBAL CRISIS which was never used during Manmohan govt

    ReplyDelete