Nifty Market Strategy On 28 October 2014

Nifty closed at above 8000 value and move up to 35 point,  supported by banking and financial health care and capital goods stocks.

Today market  volatile in the October series  expiry days, the market moving on strong mode in expiry time.

Gautam Shah of JM Financial said Indian equities have been resilient as there has not been even a 10 percent correction in the last 14 months.

It was a strong day for global markets too. Asian markets like Hang Seng, Shanghai and Taiwan Weighted gained 1.6-2 percent while Germany’s DAX rose over a percent. Goldman Sachs raised its target on S&P 500 to 2050 by December and 2150 by the end of 2015.

Today Sun Pharma top gainers in the list and move up to 4 percent, Cipla move up to 3 percent and SBI, BPCL and Tata Power move up to 2.50 percentage.

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News Of Nifty Top Gainers 28 October 2014

Today Nifty top gainers is Sun Pharma, Cipla, BPCL, Tata Power, SBI.

Sun Pharma- Sun Pharma opened at 805.25 and closed at 838.65 move up to 36.70 point with 4.56 percentage. Sun Pharma total turnover is 28,788.24 lacs.

Cipla- Cipla opened at 630.00 and closed at 646.15 move up to 19.90 point with 3.17 percentage. Cipla total turnover is 11,888.36 lacs.

BPCL- BPCL opened at 689.00 and closed at 701.85 move up to 17.75 point with 2.59 percentage. BPCL total turnover is 11,752.59 lacs.

Tata Power- Tata Power opened at 88.30 and closed at 90.55 move up to 2.30 point with 2.60 percentage. Tata Power total turnover is 3,964.24 lacs.

SBI- SBI opened at 2608.00 and closed at 2656.75 move up to 63.20 point with 2.43 percentage. SBI total turnover is 11,752.59 lacs.

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Nifty Sensex Closed in Positive Value On 28 October 2014

Finally nifty closed in positive movement, today nifty gain slowly and sensex rise 128 point. Nifty closed at 8027.60 move up to 35.90 point with 0.45 percentage and Sensex closed at 26880.82 move up to 127.92 with 0.48 percentage. About 30 shares have advanced, 19 shares have declined and 1 shares have unchanged. Sunpharma, SBI, Cipla, Tata Power gain 1 to 2 percentage.

Top gainers is Sun Pharma, SBI, Cipla, Tata Power, BPCL, SBI, Tech Mahindra.

Top losers is Lupin, Bharti Airtel, Hero Motocorp, PNB, Jindal Steel, Bajaj Auto, Dr. Reddys.

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Nifty Climbing 40 point, Sun Pharma gain 2%

In last session of trade nifty climb to 35 point, today market gain slowly and supported by banking & financials, healthcare and Tata group stocks. Nifty move up to 34.10 point at 8025.80 value and sensex move up to 114.26 point at 26867.16 value. About 32 shares have advanced, 18 shares ahve declined and zero shares have unchanged. Sun Pharma and Cipla move 1 to 2 percent.

Top gainers is Sun Pharma, Cipla, BPCL, SBIN, GAIL, Tata Power, Ultra Tech Cement.

Top losers is Lupin, Hero Motocorp, Jindal Steel, Bharti Airtel, PNB, Reliance.

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