Friday, 12 July 2013

Market wrap-up:- Mid Session Update

Key benchmark indices regained strength in mid-morning trade. Infosys jumped in volatile trade after the company retained its guidance of 6% to 10% growth in revenue in dollar terms for the year ending 31 March 2014 (FY 2014) after announcing Q1 June 2013 results before trading hours.
Other stocks from the IT pack also gained after Infosys' Q1 results, with TCS and HCL Technologies hitting record high. Capital goods pivotal edged higher for the second straight day. Dr Reddy's Laboratories scaled record high after the company announced the launch of a generic drug in the United State.

Who Moved and Why 

1) Kalindee Rail Nirman (Engineers) in demand
2) Dr Reddy's Lab hits record high
3) New orders boost IVRCL
4) Oil India gains on bargain hunting
5) JSW Energy drops ex-dividend
6) IT shares in demand
7) Infosys spurts after retaining do
8) llar revenue guidance
9) Tata Motors inches up as JLR reports decent sales in June

For detail analysis report please visit: - https://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/12th_july_Mid_Session_Update.pdf

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