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Monday 29 December 2014

Nifty hovers around 8250; Tata Motors & Coal India gainers

The market is maintaining its uptrend with support from metals and auto stocks. The Sensex is up 155.21 points or 0.6 percent at 27396.99 and the Nifty is up 44.45 points or 0.5 percent at 8245.15. About 1651 shares have advanced, 980 shares declined, and 103 shares are unchanged.

Sesa Sterlite, Hindalco, Tata Steel, Coal India and Tata Motors are top gainers in the Sensex while Axis Bank, SBI and M&M are in red.

Inflows of foreign direct investment into India rose by about 25 percent to USD 17.35 billion in the April-October period of the current fiscal, Commerce and Industry Minister Nirmala Sitharaman said.

Improvement in the macroeconomic situation and investor sentiment on account of a series of steps taken by the new government helped attract higher FDI, she said. In April-October 2013, the country had received USD 13.82 billion foreign inflows. More information please visit this site www.bigprofitbuzz.com

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