FUTURE:
“BUY TCS
ABOVE 2570 TGT 2580 SL 2550”
“SELL WOCKPHARMA
BELOW 1380 TGT 1350 SL 1350”
Nifty ends up 0.6% at 8414, Sensex, which opened
in the green on Wednesday, Sensex up 192 pts on IT & bank
support IT and bank stocks supported indices. Tata Power, TCS, and Wipro, HDFC Bank, RIL,
Infosys, Hindustan Unilever, SBI, ICICI Bank, Sun Pharma, GAIL, Cipla, Bharti
Airtel, Vedanta, NTPC, were top gainers in the Sensex. Among
the losers were Bajaj Auto, Tata Steel, BHEL, Hindalco ,Axis Bank, Tata Motors, M&M,
Dr Reddy's, Coal India, ONGC, and L&T. About 1362 shares
advanced, 1336 shares declined, and 190 shares were unchanged.
TODAY RESULTS
Bharat
Forge falls by 2.0%.and Q4 net profit
rises 71% to Rs 203 crore Total standalone income of the firm grew 32 % to Rs
1,223 crore in January March quarter of last fiscal from Rs 930 crore in the
same quarter of 2013-14, it added. For the 2014-15 fiscal, the USD 2.5 billion
Kalyani Group firm's standalone net profit jumped 80 percent to Rs 718 crore from Rs 399 crore in 2013-14. Its
total standalone income rose 34 percent to Rs 4,548 crore from Rs 3,399
crore during the same period. On the performance front, Bharat Forge Operational performance
during the year (FY15) was excellent, driven by productivity improvement,
cost efficiency and sweating of assets.
Sectors
|
Change %
|
Top Gainer/losers
Company
|
Finance
|
2.03 %
|
H D F C
|
IT - Software
|
1.93 %
|
Tech Mahindra
|
Cement
|
1.40 %
|
UltraTech Cem.
|
FMCG
|
1.28 %
|
Hind. Unilever
|
Refineries
|
0.95 %
|
Reliance Inds.
|
Power Generation
& Distribution
|
0.94 %
|
Tata Power Co.
|
Non Ferrous
Metals
|
-0.71 %
|
Hindalco Inds.
|
Automobile
|
-0.54 %
|
Bajaj Auto
|
Paints/Varnish
|
-0.46 %
|
Asian Paints
|
Pharmaceuticals
|
-0.22 %
|
Dr Reddy's Labs
|