It has been very volatile trading day with the market
showing some wild swings. The Sensex is down 151.31 points at 27876.35 and the
Nifty is down 6.55 points at 8388.90. About 1505 shares have advanced, 1277
shares declined, and 595 shares are unchanged.
Maruti, ONGC, Tata Steel, L&T and Hero are major gainers
while Bharti, Dr Reddy's, TCS, BHEL and HDFC fall.
The broader Nifty rose to its highest in nearly a month,
gaining for a seventh consecutive session as stocks focused on the domestic
market rose on hopes of fresh foreign allocations at the start of the year.
Foreign investors bought Indian shares worth USD 45.3
million on Thursday and Friday, adding to the USD 16.11 billion they infused in
2014, as per regulatory data.
Investors expect Prime Minister Narendra Modi's government
to continue with the reforms process while fresh buying is expected ahead of
the federal budget and December-quarter results.
The quarterly earnings season kick-starts with Infosys'
results on January 9. More information please visit this site www.bifgprofitbuzz.com
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