VBA

Wednesday, January 1, 2014

02.01.2014



Just wanted to say thank u for all the lovely moments throughout the year & sorry if I have hurt you anytime which was never intentional  .... god bless...  may u get what you deserve  ... do not look back...  as all you will see will be past memories.....  walk ahead....Have a wonderful year ahead... . Wishing All Follower Readers A Very Happy Health, Profitable New Year 2014.

Suzlon Energy leads gainers in 'A' group, Reliance Communications, UCO Bank, Indiabulls Real Estate and Motherson Sumi Systems are among the other gainers.

Wind turbines maker Suzlon Energy jumped 9.98% to Rs 11.35. The stock topped the gainers in the BSE's 'A' group. Anil Dhirubhai Ambani-controlled Reliance Communications galloped 6.55% to Rs 138.30. The stock was second biggest gainer in 'A' group. State-run UCO Bank spurted 6.09% to Rs 80.10. The stock was third biggest gainer in 'A' group. Indiabulls Real Estate climbed 5.95% to Rs 72.95. The stock was fourth biggest gainer in 'A' group. Auto component maker Motherson Sumi Systems rose 5.23% to Rs 192.10. The stock was fifth biggest gainer in 'A' group.

Key benchmark indices edged lower on the first trading session of 2014 after the latest data on government's finances raised concerns that India may overshoot its ambitious target of containing fiscal deficit at 4.8% of GDP this year and after another data showed a muted growth in the core sector in November 2013. A breach of the target could prompt rating agencies to downgrade India's debt to junk, which India must avoid if it hopes to emerge from a prolonged and painful economic slowdown. The barometer index, the S&P BSE Sensex, lost 30.20 points or 0.14%, off 103.87 points from the day's high and up 6.66 points from the day's low. The small decline pushed the Sensex to its lowest closing level in nearly a week. The Sensex alternately swung between positive and negative zone during the course of the trading session today, 1 January 2014.

The total turnover on BSE amounted to Rs 1433 crore, lower than Rs 1658.21 crore on Tuesday, 31 December 2013. The market breadth, indicating the overall health of the market, was strong. On BSE, 1,600 shares gained and 896 shares fell. A total of 133 shares were unchanged. Among the 30-share Sensex pack, 15 stocks gained and rest of them declined. 

IT stocks edged lower. TCS fell 0.87%. Wipro declined 1.44% to Rs 551. The stock reversed direction after hitting 52-week high of Rs 562.10 at the onset of the trading session. Infosys slipped 0.62% to Rs 3,464. The stock had hit record high of Rs 3,575 in intraday trade on 30 December 2013. HCL Technologies fell 0.44% to Rs 1,257.50. The stock reversed direction after hitting record high of Rs 1,270.10 at the onset of the trading session. Tech Mahindra fell 0.7% to Rs 1,825.10. The stock had hit 52-week high of Rs 1,875 in intraday trade on 30 December 2013.

No comments:

TRADING CALLS

CLICK ON MARKET BUZZ FOR ARCHIVE