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Thursday, February 12, 2015

Indian Stock indices gains on Russia-Ukraine ceasefire deal

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(12/2/2015 StockInvestingTips bureau) - It turned out to be good day for global stock indices as Russia and Ukraine finally agreed on a ceasefire deal. Ripple effect of this news was seen on global stock markets as majority of Asian Stock markets ended the day in green
. Benchmark Indian Stock indices including Bombay Stock Exchange's SENSEX closed up by 271 points today, The Indian blue chip index closed at 28805.10. Whereas NSE's broader index NIFTY 50 ended the day at 8711.55, up by 84.15 pts.

Indian Stock markets got some boost after Finance Minister confirmed government of India's commitment for economic growth, making it clear that setback from Delhi Election results would not have any effect on National level issues/agendas. Banking stocks saw fresh buying , only exception being SBI, which closed down by 0.56 percent. Other news which remained in focus today included : January CPI inflation at 5.11 percent and December IIP at 1.7 percent, down from 3.8 percent in november 2014. INR declined to 62.31 per dollar today, Stocks of Claris hit upper circuit limit at BSE today.

Top 5 SENSEX gainers for today:
1)Dr. Reddy's laboratories
2)Bharat Heavy Electricals
3)CIPLA ltd
4)GAIL
5)Maruti Suzuki

Top 5 SENSEX losers for today:
1)Hindustan Unilvr
2)Bajaj Auto
3)Bharti
4)Coal India Ltd
5)State Bank Of India

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