Thursday, May 14, 2015

MARKET SUMMARY FOR 14 MAY 2015

Sensex flat, Nifty ends above 8200 up by 0.5%;After a volatile session, the market ended flat but the Nifty managed to hold the crucial 8200-level. The 50-share index ended down 11.25 points at 8224. The Sensex was lower 45 points at 27206. These are the times when you have a very good chance to build a good portfolio especially after the recent correction because the stocks with great earning prospects are trading at the cheaper valuations at the moment, and those stocks which have participated in the previous rally can still be considered once again and moreover even some of the small caps and the mid caps can be bought keeping in mind the medium to long term prospective. Among the Nifty stocks, Asian Paints, Punjab National Bank, Hindalco, BPCL and State Bank of India are the top performing stocks with gain of 4.26 per cent, 3.49 per cent, 3.07 per cent, 2.87 per cent and 2.62 per cent, respectively.However, Lupin, Vedanta, Power Grid Corporation of India, HCL Technologies and Sun Pharmaceuticals are top losers with lose 3.17 per cent, 1.60 per cent, 1.24 per cent, 1.23 per cent and 1.20 per cent,About 1486 shares advanced, 1215 shares declined and 156 shares were unchanged. Oil, metals and auto stocks lend major support to the market. Hindalco and SBI rose 3 percent each while Bajaj Auto was up 2 percent. M&M and Tata Steel were other gainers. IT drags, oil & auto up Technology stocks were under pressure. Infosys and Wipro were down around 1 percent each. Vedanta, Sun Pharma and HDFC were other losers in the Sensex.top gainers and losers are:

Gainers Top
Company

Price

% Gain
Asian Paints

796.45

4.45
PNB

150.60

3.97
Hindalco

137.45

2.96
BPCL

756.70

2.83
Idea Cellular

172.40

2.47

Top Losers 
Company

Price

% Loss
Lupin

1,631.95

-3.41
Vedanta

214.75

-1.56
HCL Tech

925.30

-1.28
Infosys

1,934.80

-1.12
Kotak Mahindra

1,326.80

-1.10





No comments:

Post a Comment