Tuesday, February 7, 2012

Live Nifty Tips


Golden Investment Research Private Limited

The BSE benchmark climbed just 43 points to 17,750.40 and the NSE benchmark rose 11.5 points to 5,373.10.

Advance gross domestic product (GDP) for financial year 2011-12 came in at 6.9% as against 8.4% in the previous year, which was lower than expected. CNBC-TV18 poll saw it at 7.1%. 

Index heavyweight Reliance Industries continued to support the market, gaining over 2%. Private banks like ICICI Bank and HDFC Bank climbed more than a percent while SBI rose just 0.4%.

Shares of ITC, TCS, Hero Motocorp, Tata Motors, Wipro, Hindalco and Coal India gained 0.4-1.3%.

However, HUL, Bharti Airtel and Sun Pharma tumbled 2% each; GAIL and M&M were down over 1.5%. NTPC and BHEL dropped 1%. HDFC was down 0.5%.
The market breadth was neutral and even the broader markets were flat. 



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