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Friday, 26 April 2013

Latesst And Important News From Stock Market



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Snapping a four-day rally, the BSE benchmark Sensex on Friday fell from six-week high by losing 120 points dragged down by RILICICI Bank and TCS amid a weak global trend.

The Sensex declined by 120.23 points, or 0.62 per cent, to 19,286.72. The gauge had climbed to a level last seen on March 15 yesterday. It had gained 676 points in last four sessions.



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Similarly, the wide-based National Stock Exchange index Nifty fell by 44.85 points, or 0.76 per cent, to 5,871.45 led by two most heavy weight Reliance Industries and Infosys.


Jindal Steel fell by 4.29 per cent to Rs 314.70 after the company's consolidated net profit fell by nearly 35 per cent for the quarter ended March 31.


Among the lenders, ICICI Bank led the fall dropping 2.82 per cent to Rs 1,144.30, State Bank of India fell by 1.78 per cent to Rs 2,289.55, after the recent upsurge on hopes the Reserve Bank might cut interest rate in its policy meeting on May 3.


However, auto stocks gained as Maruti Suzuki rose by 5.57 per cent to Rs 1,673.45 on higher earnings and saved the market from any major fall.




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Top MoversWorst Shakers
Company NameCurrentChange
Kirloskar Electric C22.9015.37
Granules India Ltd.121.959.67
Hubtown Ltd.137.609.51
Bombay Burmah Tradin123.607.34
Nitco Tiles Ltd.15.057.12
Sakuma Exports Ltd.13.657.06


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