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Tuesday 27 January 2015

SENSEX, NIFTY CONSOLIDATE; SBI, TCS & SUN PHARMA GAIN 1%

NSE, sensex, Nifty tips, indian equity tips, Shares tips, stock cash intraday, stock tradaing tips
The Market surged higher as the Sensex is up 91.43 points or at 29662.47. The Nifty is up 38.20 points at 8948.70. foreign institutional investors were net buyers in Indian equities worth Rs 954 crore on Tuesday, as per provisional stock exchange data.
Maruti, Coal India, HDFC, Sun Pharma and TCS are top gainers in the Sensex. Among the losers are Tata Motors, Bharti Airtel, Sesa Sterlite, Tata Steel and Bajaj Auto. 
The rupee was trading lower at 61.45 to the US dollar compared to previous close of 61.41.
Sun Pharma has gained over 1%, however, Cipla has declined nearly 1% on profit-booking and Dr Reddys Lab is up 0.8% ahead of its Q3 results which will be released tomorrow.
Capital goods shares L&T and BHEL witnessed profit taking after gains in the previous session. L&T and BHEL were down 0.4% each.
Bharti Airtel has declined over 2%. Bharti Airtel has commissioned Nokia Networks to expand its 4G presence to six new circles. 
Shares of Maruti Suzuki India (MSIL) were trading higher by 2% at Rs 3,748, extending its previous day’s 2% gain on NSE, after broking firms reiterate “BUY” recommendation on the stock with a target price by up to Rs 4,300 per share.

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