Friday 6 June 2014

Mid Day Highlights Of Share Market News With Nifty Future Trading Tips

The market remained on strong footing. The Sensex rose 186.17 points to 25205.68 and the Nifty advanced 46.15 points to 7520.25. About 1957 shares have advanced, 1000 shares declined, and 109 shares are unchanged.

Key benchmark indices hovered in narrow range in positive terrain after hitting fresh intraday low in early afternoon trade. The barometer index, the S&P BSE Sensex, was up 152.78 points or 0.61%, off about 90 points from the day's high and up close to 40 points from the day's low. The market breadth indicating the overall health of the market was strong. The BSE Mid-Cap and the Small-Cap indices were up more than 1% each. Both these indices outperformed the Sensex. The market sentiment was boosted by data showing that foreign funds made substantial purchases of Indian stocks on Thursday, 5 June 2014.

The index surged 239.47 points at the day's high of 25,258.98 in morning trade, its highest level since 16 May 2014. The index rose 110.25 points at the day's low of 25,129.76 in early afternoon trade. 

The CNX Nifty was up 38.40 points or 0.51% to 7,512.50. The index hit a high of 7,535.10 in intraday trade, its highest level since 16 May 2014. The index hit a low of 7,497.65 in intraday trade. 

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