Golden Investment Research Private Limited
Nifty opens above 5200; RIL, Infy, L&T support
Date : 27.01.2012
The Nifty opened Friday's session above 5200 mark (for the first time since November 14, 2011), suppoted by index heavyweights Reliance Industries, Infosys and L&T. However, the index came off early day's high on profit booking, led by SBI and ONGC.
In the frontliners, Sesa Goa rallied 3.3% on good set of numbers. NTPC and BHEL too were up ahead of numbers today.
Sterlite Industries, Hindalco, L&T, Reliance Industries and Infosys, TCS were supporting the market.
However, Ranbaxy Labs fell 5% to Rs 450 level. Maruti, PNB and Kotak Mahindra Bank too were down.
The CNX Midcap Index was up 45 points at 7,096. About three shares gained for every share falling on the National Stock Exchange.
In the second line shares, REC jumped 2% on follow up buying post better than expected results in Q3.
http://www.goldennifty.com
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