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Tuesday, February 24, 2015

SENSEX ends above 29K | Nifty flat at close today

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(24/2/2015 StockInvestingtips Bureau) - Benchmark Indian Stock indices ended a volatile trading day by closing almost flat today. Investors remained cautious ahead of Union Finance budget 2015, which is to be presented on
feb 28, 2015 in Parliament.

Bombay Stock Exchange's SENSEX 30 closed at 29004.66 pts, up by 29.55 pts . Broader index NSE's NIFTY ended the day at 8762.10 , up by 7.15 pts. This ended a two day falling streak of SENSEX and NIFTY. However Bombay Stock Exchange's MIdcap and Smallcap index both declined today. Market breadth at BSE was negative with 1711 losers vs 1148 gainers.

Sector-wise updates from BSE
- BSE Metal Index declined by 1.10 percent
- BSE Oil and Gas Index declined vy 1.15 percent today
- BSE Auto index declined by 0.30 percent today
- BSE Capital Goods index ended up by 1.09 percent
- BSE FMCG Index gained 1.45 percent
- BSE IT index gained 0.37 percent


Top 5 SENSEX gainers for the day
1)Hindustan Unilever Ltd
2)Larsen & Toubro Ltd
3)Bharat Heavy Electricals
4)ITC ltd
5)Cipla Ltd

Top 5 SENSEX losers for today
1)Sesa Sterlite
2)ONGC Ltd
3)Tata Steel Ltd
4)Tata Motors Ltd
5)RIL Ltd

Other news which provided some boost to markets was that finance ministery pegs GDP growth at 8% in budget 2015. However this target remains highly unlikely to be achievable.

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