Sensex Surges Over 500 Points in Record-Setting Rally, Nifty Rises Above 8,300

Sharemasterindia.com: BSE Sensex and Nifty surged to fresh highs for the second consecutive day, buoyed by the positive momentum from the recent reform measures announced by the government and higher global markets.
Sensex rose over 500 points to a new high of 27,854 while Nifty surged nearly 150 points to cross 8,300 for the first time ever.
Global markets rallied today after the Bank of Japan surprised financial markets by significantly expanding its massive stimulus programme. Tokyo’s Nikkei share index jumped almost 5 per cent in its biggest rise since June last year. European stocks were higehr while US futures prices pointed to similar gains when trading resumes in New York.
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Rupee Rises to 61.34 a Dollar Tracking Stronger Equities

Sharemasterindia.com: The rupee on Friday rose to a day high of 61.34 per dollar versus its previous close of 61.45/46 as stronger Asian currencies and local equities aided the Indian unit.
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Titan Shares Slump 7% After Earnings

Sharemasterindia.com: Shares in watches and jewellery maker Titan Company slumped as much as 7.4 per cent on Friday, heading towards its biggest single-day fall since September 2013 as its July-September earnings lagged some estimates.
Its profit rose 28.6 per cent to rupee“>Rs. 240 crore and sales rose by 55.7 percent to Rs. 3,565 crore.
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Bharti Airtel Falls Despite Profit Beat in Q2

Sharemasterindia.com: Shares in Bharti Airtel fell over one per cent to a day low of rupee“>Rs. 400.50 on Friday despite a beat in Q2 net profit. Bharti reported a 24 per cent sequential jump in its net profit to Rs. 1,383 crore in the July -September quarter, while its revenue declined half a per cent sequentially to Rs. 22,845 crore.
Analysts polled by NDTV had estimated its net profit at Rs. 1,287 crore on sale of Rs. 23,227 crore. Bharti, although beat street estimates on net profit but its revenue missed street estimates by nearly 2 per cent mainly due to disappointing performance in its Africa business which continued to lag behind.
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IDFC Hits 3-Month High; Operating Profit Beats Some Estimates

Shares in IDFC rose as much as 4 per cent to a day high of rupee“>Rs. 154.30 on Friday, its highest level since last July as its Q2 earnings beat estimates.
Strong non-interest income boosted operating profits to Rs. 900 crores, say traders.
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Nifty Rises Above 8200 For First Time, Sensex Scales 27,500

Sharemasterindia.com: BSE Sensex and Nifty rallied to fresh highs today for the second consecutive day, buoyed by the positive momentum from the recent reform measures announced by the government and higher global markets.
BSE Sensex and Nifty set new record highs for a second day. Sensex rose over 180 points to a new high of 27,529.89 while Nifty gained over 50 points to rise above 8200 for first time.
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ITC, Mahindra & Mahindra, Bharti Airtel in Focus Today

The Nifty is likely to open higher on Friday tracking global markets and futures trade on Singapore Stock Exchange. Foreign investors increased their buying momentum on Thursday as they have bought shares worth rupee“>Rs. 1,257 crore in cash market. Domestic investors were net sellers to the tune of Rs. 94 crore on Thursday.
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