Market was trading in its primary trend that is bullish trend for most of the day with 1038 shares advances, 712 shares decline and 316 shares remain unchanged in today session. Despite positive result of HUL shares were ended in nearly 4% loss because of price were fairly overvalued before result.On Wednesday market will likely to trade in its primary trend and now shares of almost all sectors taking part in the rally which will provide opportunity to earn handsome profit in the market. » Read more
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After witnessing a flat opening, benchmark indices have extended their gains, with the Sensex trading over 100 points higher, while the Nifty is well above 10,950. The Sensex is up 107.68 points or 0.30% at 36431.45, while the Nifty is up 40.30 points or 0.37% at 10977.20. The market breadth is positive as 851 shares advanced, against a decline of 543 shares, while 79 shares are unchanged. Shares of Tata Motors, Tata Steel, HPCL and GAIL were the top gainers, while HUL and NTPC have lost the most. Shares of Ashok Leyland were trading over 2 percent higher in the morning trade on Tuesday ahead of its June quarter earnings announcement. The stock touched an intraday high of Rs 128.45 and an intraday low of Rs 125.00. Gaining from a continued surge in demand across categories, and last year’s lower base, domestic commercial vehicle manufacturer Ashok Leyland will likely post a threefold rise in its bottom line for the June quarter.