Sensex Gains 200 Points, Nifty Ends Above 8200; RIL Jumps 2%

 Sharemasterindia.com 3:40 p.m.: Sensex ends 200 points higher at 27,316 on Friday, its sixth gain in a row. Nifty settles 50 points higher at 8,224.

RIL stands out among the gainers with the market heavyweight rising nearly 2 per cent, also its sixth gain in a row.

Banking and oil & gas stocks led the gainer today with ONGC and Bank of Baroda rising over 2 per cent.  M&M was the biggest Nifty gainer, up 4 per cent.  37 stocks among the 50-share Nifty ends with gains while 13 with losses.

Chinese Shares Extend Losses; Shanghai Composite Tumbles More Than 5%

 Sharemasterindia.com: Chinese shares slumped more than five per cent on Friday afternoon as tight market liquidity caused by new share issues triggered a large sell-off, dealers said.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers 

Gainers
Symbol	LTP	% chng	Volume
M&M BANKBARODA PNB MARUTI NMDC	1,301.00 142.30 134.50 3,948.00 120.25	3.75 2.63 2.28 2.25 2.21	18,78,063 78,26,569 24,43,534 3,07,828 16,43,591

 

Losers
Symbol	LTP	% chng	Volume
TATAMOTORS ZEEL TATAPOWER SUNPHARMA POWERGRID	433.70 340.45 72.20 846.30 140.45	-2.64 -1.89 -1.23 -1.14 -1.06	68,89,326 12,33,120 38,93,015 23,30,759 51,27,286

Do visit for: NSE Top Gainers & Losers

Sensex Set For Biggest Weekly Gain in 5 Months; Mumbai Rains Hit Volumes

Mumbai(Sharemasterindia.com): Indian stocks rose on Friday, with benchmark Sensex heading for their biggest weekly gain in nearly five months. Market heavyweight Reliance Industries surged for a sixth straight session on optimism it would begin 4G phone services in December.

Cash share volumes were well below their 10-day average on the Bombay Stock Exchange and National Stock Exchange, as trading was disrupted by heavy rains in the nation's financial capital Mumbai.

Stocks also rose on value-buying and were on their way to snap the streak of three straight weekly losses, as the broader NSE index, Nifty, remains nearly 10 per cent below its record high hit in March.

Asian shares, which rose for a third consecutive day, also helped sentiment as investors bet US interest rates will not as rise quickly as expected.

No Bail For Subrata Roy, Sahara Asked to Pay Rs 36,000 Crore

Sharemasterindia.com: Jailed Sahara chief Subrata Roy failed to get bail from Supreme Court with the top court on Friday reiterating that his release is subject to furnishing Rs 5,000 crore in cash and Rs 5,000 crore in bank guarantee. The Sahara chief failed to raise the bank guarantee.
 
Mr Roy was arrested in March last year after the company failed to comply with a court order to refund money it had raised from millions of small investors by selling them bonds later ruled to be illegal.

LIC Hikes Stake in Hindalco to Over 13%

 Sharemasterindia.com: Aditya Birla-led Hindalco today said insurance giant LIC has raised its stake in the aluminium maker to over 13 per cent.

In a BSE filing, Hindalco said LIC acquired 2.009 per cent stake in the firm through open market transaction between April 16 and June 17, 2015.

After the transaction, the state-run firm's stake in Hindalco increased from 11.328 per cent to 13.337 per cent.

Live: Sensex Jumps Over 150 Points, Nifty Above 8,200

Sharemasterindia 9:20 a.m.: The Sensex advanced over 150 points and the Nifty moved above its crucial psychological level of 8,200 on the back of buying visible across the sectors.

Buying in stock markets was visible across sectors. BSE oil & gas index was the top sectoral gainer, up 0.85 per cent. Metal, capital goods, banking, healthcare and IT indices were also up 0.45-0.7 per cent each.

From the Nifty-50 basket of stocks, 41 stocks were advancing while 9 were declining.

Hindalco was the top Nifty gainer, the stock jumped 2 per cent to Rs 122 after LIC increased its stake in the company to 13 per cent.

Sure Shot Hot Stock Delivery Tips (Dated: 19-06-2015)

Sure Shot Hot Stock Delivery Tips (Dated: 19-06-2015)

TATASPONGE @ 535.40

BUY TATASPONGE NEAR 515-535 FOR TARGET PRICE 745/815. TENURE 1 YEAR. EPS 59.67 AND PE 8.95.

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