Daily Stock Market Updates and Recommendation


Posted May 22, 2015 by vivekhello4

The Indian rupee opened with marginal gain of 6 paise at 63.58 per dollar on Friday against previous close of 63.64.

 
GLOBAL MARKETS ROUNDUP
The S&P BSE Sensex, which started on a positive note, made a steady gain of over 100 points in trade on Friday, led by gains in ITC, ONGC, State Bank of India, ICICI BankBSE 0.75 % and Coal India.

India's benchmark BSE index up 0.24 percent, while the broader NSE index 0.14 percent higher, tracking gains in most other Asian indices after Wall Street set another record high but key earnings such as by State Bank of India later in the day seen preventing further gains.

LOCAL MARKETS PREVIOUS CLOSE
• Sensex: 27,912.1, up 103 points
• Nifty: 8,438.9, up 18 points
• SBI up over 2%
• Britannia surges over 8%
• Voltas jumps nearly 7%
• Infinite Comp plunges 20%
• Allcargo up over 4%
• Shree Renuka runs up 7%

Sri Chakra Cements has reported a standalone total income from operations of Rs 53.66 crore and a net profit of Rs 3.60 crore for the quarter ended Mar '15.

Timex Group India has reported a standalone total income from operations of Rs 34.48 crore and a net loss of Rs 0.11 crore for the quarter ended Mar '15. Other income for the quarter was Rs 2.71 crore.

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Last Updated May 22, 2015