Tuesday, September 15, 2009

Sensex & Nifty at 15 month High

The benchmark indices notched new 52-week highs in noon trade, boosted by of higher advance tax numbers from a few corporates. This led to hopes of strong earnings for the September quarter.

Bajaj Auto paid an advance tax of Rs 170 crore for the July-September quarter vs Rs 50 crore in the previous quarter. Ambuja Cements paid an advance tax of Rs 150 crore for the July-September quarter vs Rs 70 crore in the previous quarter. SBI’s second quarter advance tax stood at Rs 1,832 crore.

PwC expects strong advance tax numbers from companies in the auto, PSU banks and power generation space.

The Sensex was up 223 points at 16,437, led by gains in metal and realty stocks. It had clocked a new 52-weak high when it hit 16,448. Nifty was up 79 points at 4,888 after clocking fresh 52-weak high of 4,890 in intraday trade today.

Among the Sensex stocks, DLF was up over 4 per cent to be the biggest gainer among the pack. Tata Steel, Sterlite Ind, and SBI were also up over 2 per cent.

Asian markets were mixed on Tuesday after Wall Street shrugged off trade tensions between the US and China to end at its highest point in nearly a year.

Source: profit.ndtv.com

2 comments:

a said...

MAX PROFITS TRADING JUST NIFTY,NOTHING ELSE..!!

http://www.niftyviews.com/

Hi Friends,we have high success rate in nifty calls,our testimonial is our clients with whom you can chat online in our live chat.

We dont just trade, we create wealth.

Every small and big investors can make money through our nifty calls, trade from 2 to 20 lots to get huge profits consistently.

We top it up with attractive rates which you will make up by just trading 1 call.
Yes, we are that confident of our calls.

Come online to our 24hrs free chatroom where 200++ members trade together at: www.niftyviews.com

Also check the performance before you suscribe at: http://tsrnifty.blogspot.com/

FOR PAYMENT DETAILS http://groups.google.com/group/STOCKRESEARCHER/web/payment-details

Join our Google group: http://groups.google.com/group/STOCKRESEARCHER

Add me on orkut for daily updates: http://www.orkut.com/Profile.aspx?uid=1619632468359550031

For free calls on your cell phone
SMS- JOIN Sresearchers and send to 567678
Or SMS ON Sresearchers to 09870807070

LC David said...

Nice news about indian stock market, Our community business directory, Indian Yellow Pages and phone book help you find local,Desi,Indian, Pakistani, Sri Lankan, Bangladeshi, and South Asian community businesses, professionals, associations, deals, coupons and much more in your city.

Advertisements