Wednesday 26 June 2013

Market Wrap-Up: Market hits intraday low in late trade

Key benchmark indices dropped to intraday low in late trade with the market sentiment hit adversely by data showing that foreign institutional investors (FIIs) remained net sellers of Indian stocks on Tuesday, 25 June 2013. Index heavyweight and cigarette major ITC pared gains in late trade.

Reliance Industries (RIL) hit intraday low in late trade. The market breadth, indicating the overall health of the market, was negative. The BSE Sensex closed 77.03 points down at 18552.12 & The CNX Nifty closed 20.40 points down at 5588.70

Who Moved and Why

  • GRUH Finance drops ex-dividend.
  • NTPC gains on buzz of fuel supply pact with Coal India.
  • Ashoka Buildcon jumps after setting record date for stock split, bonus issue.
  • Marico gains on bargain hunting.
  • Mahindra Satyam, Tech Mahindra in demand after amalgamation.
  • Volumes jump at Kajaria Ceramics counter.
  • Bharti Airtel tumbles on buzz of Rs 650 crore penalt.
  • Crompton Greaves drops as Sebi tightens share buyback norms.

For detail analysis report please visit: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/26th_June_equity_closing_update.pdf

Also find information about gold prices, crude oil prices, equity market etc Please visit:- http://www.rrfinance.com

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