Analysis on Indian Stock and Equity Market


Posted February 4, 2015 by vivekhello4

The Asian markets were trading on a positive note after the crude oil prices rebounded from multi-year low levels.

 
INDIAN STOCK MARKET
Indian ADRs ended mixed on Tuesday.
In the IT space, Infosys gained 0.49 percent at USD 34.52.
Wipro jumped 1.45 percent at USD 13.25.
In the banking space, ICICI Bank was down 2.78 percent at USD 11.56.
HDFC Bank shed 1.99 percent at USD 56.57.
In the other sectors, Tata Motors was up 1.4 percent at USD 51.47.
Dr Reddy’s Laboratories fell 0.6 percent at USD 49.73

Market Highlights
The S&P BSE Sensex opened on a positive note led by gains in metals, oil & gas and pharmaceuticals on the back of supportive cues from global peers. The 30-share index was at 29,070.37, up 70.23 points or 0.24 per cent. It touched a high of 29,133.62 and a low of 29,049.05 in early trade.

The Asian markets were trading on a positive note after the crude oil prices rebounded from multi-year low levels. Japan's Nikkei advanced 2.2 per cent to 17,712 levels. Hang Seng, Shanghai Composite, Straits Times and Seoul Composite indices were also quoting higher by 0.4-0.9 per cent each.

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Last Updated February 4, 2015