Stock Market Closing : 24-July-2012
Nifty Updates On : 24-July-2012
Nifty Technical Levels :25-July- 2012
Stocks to buy : 25-July- 2012
Nifty Updates On : 24-July-2012
Nifty Technical Levels :25-July- 2012
Stocks to buy : 25-July- 2012
BSE SENSEX and NIFTY traded slightly higher for most of the time on the session and ended almost flat as traded over the global uncertainties. Indian equities bounced back as index heavyweight Hindustan Unilever surged almost 7.5 percent ahead of its strong Quarterly numbers as company’s net profit doubled year-on-year to rupees 1331.2 crore in JUNE quarter. From the local end, expectations over the hike in diesel prices supported the markets a bit which is to be increased after the Voice-president election. However India’s biggest Oil and Gas producers Reliance Industries and ONGC gained around 1 percent each along with banking giants State Bank of India and ICICI Bank moved up 0.1% to 0.4% while Wipro slipped more than 3 percent over its poor quarterly earnings. Sail and L&T further created the pressure over the gains.