Friday 28 June 2013

Market Wrap-Up: Overall market health was strong!

Key benchmark indices pared gains after striking fresh intraday high in late trade. The market breadth, indicating the overall health of the market, was strong. The market sentiment was boosted by gas and energy sector reforms announced by the government on Thursday, 27 June 2013. The BSE Sensex closed at 19395.81 and 519.86 point up.

Who Moved and Why

1. NTPC gains after securing overseas funding.
2. Fertiliser stocks jump as FM assures help to offset gas price hike.
3. National Fertilizers gains as CCEA approve divestment.
4. Crompton Greaves spurts as board approves buyback of shares.
5. HCC gains on preferential allotment of warrants to promoters


For detail analysis report please visit: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/28th_June_equity_closing_update.pdf

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