Today's Stock Market Close Prediction


Posted November 5, 2014 by vivekhello4

The S&P BSE Sensex rose as much as 111 points in trade on Wednesday to hit its fresh record high.

 
MARKET HIGHLIGHTS:

• Indian ADRs ended higher on Tuesday.
• In the banking space, ICICI Bank gained 1.72 percent at USD 57.33.
• HDFC Bank added 0.25 percent at USD 52.59.
• In the IT space, Infosys was up 0.04 percent at USD 67.03.
• Wipro was down 0.32 percent at USD 12.35.
• In the other sectors, Tata Motors jumped 0.7 percent at USD 46.20.
• Dr Reddy’s Laboratories rose 0.13 percent at USD 52.20.

Market Status:

Shares of aviation stocks are flying as aviation turbine fuel (ATF) rates are cut by a steep 7.3 percent, the fourth straight reduction in prices since August on back of falling international oil rates. SpiceJet was up 7 percent while Jet Airways soared 6 percent intraday on Monday.

The S&P BSE Sensex rose as much as 111 points in trade on Wednesday to hit its fresh record high of 27971.83, led by gains in ICICI Bank BSE 0.48 %, TCS and Sun Pharma Ltd.The rates on 50-share Nifty index remained unchanged.

NSE rates are updating now. The Nifty is at 8350.50, up 26 points. The Sensex is up 101.89 points at 27962.27. Sun Pharma, Tata Power, BHEL, SBI and ITC are top gainers in the Sensex. Among the losers are Coal India, Tata Steel, Sesa Sterlite, Hero MotoCorp and Hindalco.


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Last Updated November 5, 2014