To simplify the knowledge of Savings, Investments andTrading. Attend our webinar session conducted on everySunday from 11:00 a.m to 1:00 p.m. Visit www.ifmaonline.com Market closed on the positive note on the back of strong global cues Sensex closed at 16,154.62 points with a gain of 117.11 points on BSE while Nifty gained 34.75 points to 4,866 points on NSE. The gains were supported by Tata steel, Coal India, L&T, NTPC and Jindal Steel, rallied in the range of 3-7% GAIL, Sun Pharma, Hero Motocorp, Maruti Suzuki and Bajaj auto stocks were down by 1-3% in the Mumbai market.
In sector wise, Metal, capital Goods, Power and Realty were outperformed, while, IT, Oil & Gas and consumer durables stocks were under pressure. Selling off in Infosys and RIL had dragged down the respective index today. Oil& gas stocks were declined as Morgan stanley downgraded the company gradings from equalweight to underweight
Asian markets were closed the trade almost on positive terrain after the European debt auctions received overwhelming response Successful completion of debt auctions had increased the demand for 10year Government bonds and lowered yield European markets were trading on green note, eyeing Italy debt auction Dollar index up surged during the early trade on the interbank foreign exchange trade
Crude futures were trading below $100 for the first time in the current year as Europe delays the decision over an embargo of oil imports from Iran Gold futures were slumped $7 to $1,640 an ounce during the early trade as the strong dollar dampened the trading sentiment of precious metal. -----------------------------------------------For any kind of financial training, contact firstname.lastname@example.org. Visit us atwww.ifmaonline.com, To Keep you updated with dailymarket news, visit www.indiafinancebazaar.comFor students, we provide tailor made financial trainingupon the college request. Contactgunapriya@indiafinancebazaar.com for further details orcall us at 044-32973431