Volatility ruled the roost in late trade as the key benchmark indices - the barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty -trimmed gains soon after the hitting five-week high. BJP's prime ministerial candidate for this year's Lok Sabha elections Mr. Narendra Modi's reformist agenda and promised policy implementation in a speech on Thursday, 27 February 2014, and dovish remarks from Federal Reserve Chairwoman Janet Yellen before the Senate Banking Committee on Thursday, 27 February 2014, boosted sentiment on the domestic bourses today, 28 February 2014. The BSE Sensex closed at 21120.12 and 133.13 point up.
Who Moved and Why
1) Elantas Beck India jumps as board recommends hefty dividend.
2) ITI jumps after CCEA approves soft loan.
3) Venus Remedies jumps after bagging marketing approval from Myanmar for Elores.
4) Kinetic Engineering extends recent rally.
5) M&M drops after weak Q3 earnings.
6) L&T gains after winning orders.
7) Lanco Infratech jumps on emerging as successful bidder for an EPC contract.
Read detail analysis report here: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/28th_Feb_equity_closing_update.pdf
Who Moved and Why
1) Elantas Beck India jumps as board recommends hefty dividend.
2) ITI jumps after CCEA approves soft loan.
3) Venus Remedies jumps after bagging marketing approval from Myanmar for Elores.
4) Kinetic Engineering extends recent rally.
5) M&M drops after weak Q3 earnings.
6) L&T gains after winning orders.
7) Lanco Infratech jumps on emerging as successful bidder for an EPC contract.
Read detail analysis report here: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/28th_Feb_equity_closing_update.pdf