TATA NANO RUN TODAY FAST..............
Indian markets extended its upswing for the third straight trading session on Tuesday with the NSE Nifty closing above the 4650 levels. The BSE Sensex has added nearly 450 points in the last 3 days. Markets started off on a weak note mainly on the back of weak global cues coupled with selling pressure in the heavyweights.
However, a sharp pull back in the Shanghai Se Composite in China lifted the sentiments on Dalal Street invigorating the NSE Nifty to end above the 4,650 levels. The market breadth was marginally positive, out of 2,816 shares traded, 1,676 advanced and 1,066 declined so far on the BSE.
INDEX MOVERS...
Tata Motors zoomed 7% to Rs 490. Wipro advanced 4% to Rs 544. Reliance, Reliance Communication and Grasim Industries soared over 2% each to Rs 2,024, Rs 262 and Rs 2,666, respectively. NTPC, TCS and Larsen & Toubro were up 1.5% each.
THE SHAKERS
SBI slipped 2% to Rs 1,747. BHEL and Bharti Airtel were down over 1.5% each at Rs 2,302 and Rs 407, respectively. BPCL and Idea Cellular among the Nifty stocks were down 2% each at Rs 503 and Rs 80, respectively. Ranbaxy on the other hand gained 7% at Rs 344.
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