Today’s Stock Market Trends and Analysis


Posted November 21, 2014 by vivekhello4

Nifty ended at 8401.90 UP 19.60 points and Sensex at 28067.56 UP 34.71 points.

 
TODAY MARKET TIPS
• Kotak Mahindra, ING Vysya rally 7% on acquisition buzz
• Tata Motors to treble commercial vehicle exports by 2018-19
• Cipla ties up with Serum Inst to market vaccines in Europe
• Tech Mahindra to acquires US Company Lightbridge communications.
• Nifty ended at 8401.90 UP 19.60 points and Sensex at 28067.56 UP
• 34.71 points.
• WPI to remain range bound at 1.8-2% during Nov: D&B
• Six traders account for 40% of India's total gold imports'

INDIAN MARKETS HIGHLIGHTS
• Indian ADRs ended mostly higher on Thursday.
• In the IT space, Infosys was down 0.97 percent at USD 66.25.
• Wipro declined 0.05 percent at USD 12.26.
• In the banking space, ICICI Bank was up 0.08 percent at USD 58.67.
• HDFC Bank gained 0.28 percent at USD 52.72.
• In the other sectors, Tata Motors added 0.10 percent at USD 46.80.
• Dr Reddy’s Laboratories gained 0.21 percent at USD 56.99.

INDIAN STOCK MARKET STATUS
The S&P BSE Sensex has opened in the green led by gains in banks, auto and healthcare sectors.Shares of Kotak Mahindra BankBSE 5.31 % rallied following announcement of big-bang merger with ING Vysya.

The all-stock deal has been structured in a way that ING shareholders will get one share of the merged entity for every 1.3 shares held. Kotak Mahindra Bank surged 8.9 per cent and ING Vysya gained 3.78 per cent in early trade.

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Last Updated November 21, 2014