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Wednesday 8 October 2014

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Nifty Hovers Around 7850 on 8 October 2014

In morning session nifty sensex both flat, after one hours market moved to positive but now nifty move to down value and hover at 7850. Nifty move down to 4.25 point at 7848.15 and Sensex move down to 30.56 point at 26241.41.

Shares of State Bank of India gained over a percent as brokerage house CLSA said India's largest lender is its top pick among PSU banks given its strong deposit franchise, well capitalised balance sheet and focus on profitability.

Top gainers is SBI, BHEL, ONGC, Tata Steel, BPCl, NTPC, DLF.

Top losers is Tech Mahindra, Infosys, Wipro, Sun Pharma, Dr.Reddy's.

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