Friday, June 5, 2015

MARKET SUMMARY FOR 04 JUNE 2015

FUTURE:
“SELL IDEA ABOVE 173 TGT 170 SL 176”
Sensex, Nifty open flat, Coal India up 4%, Tata Motors dips .After a volatile move, the market ended flat again. The Sensex was down 45 points at 26768 and the Nifty slipped 16  points at 8114. About 1374 shares advanced, 1300 shares declined and 161 shares were unchanged. After a volatile ride, the market ended flat again. Equity benchmarks erased more than half of gains in late trade, selling in select banking & financials, technology and auto stocks. Sensex took a sudden plunge in the final hour of trade and slipped into red after gaining over 150 points in intraday trade on Friday.
Shares of  Bharat Forge fell 1.8 percent intraday Friday. Nestle India Ltd has plunged nearly 15 per cent in the past five trading sessions, after the FMCG company's leading noodle brand Maggi was taken off retailers' shelves following tests that revealed dangerous levels of MSG (Monosodium glutamate) and lead in the samples.

TOP GAINERS AND LOSERS ARE:
Sectors
Change %
Top Gainer/Losers
Company
Entertainment
3.46 %
Zee Entertainmen

Gas Distribution
0.53 %
GAIL (India)

Mining & Mineral products
0.48 %
Coal India

Crude Oil & Natural Gas
2.2 %
O N G C

Power Generation & Distribution
1.12 %
NTPC

Cement
-2.22 %
Ambuja Cem.

Textiles
-1.16 %
Grasim Inds

Refineries
-2.81 %
B P C L

IT - Software
-0.88 %
HCL Technologies



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