We see Indian markets opening and trade on positive note on steady global cues and continued fall in Crude prices. Improving fundaments are driving the Indian markets to record highs. With strong dollar , today’s rally will be led by exporters such as Pharma and Tech stocks. Sharp Fall in crude oil price may also see rally in OMCs and ONGC.
ACC : Orient Cement (up 5.27% at Rs 127.80), Heidelberg Cement India (up 6.24% at Rs 74.5), Udaipur Cement Works (5% at Rs 23), have hit their respective record highs on BSE.Among the frontline stocks - ACC and Ambuja Cements were up 3.42% each at Rs 1,552.10 & 3.50% at Rs 215.80 respectively on the BSE. UltraTech Cement was up 2.77% at Rs 2,719.
Bharti Airtel : Shares in Bharti Airtel gained by 4.24% to Rs 391.90, extending its previous day’s nearly 2% gain after the company said it's arm signed an agreement to acquire over 2.7 million subscribers of yuMobile.
TVS Motor : Shares in TVS Motor Company rallied 4.08 % at Rs 201.30 on National Stock Exchange after reporting a robust 46% year-on-year (yoy) growth in total sales in the month of August 2014 to 227,482 units.
view more
No comments:
Post a Comment