Key benchmark indices eked out marginal gains after witnessing high volatility during the last one hour or so of the trading session. The barometer index, the S&P BSE Sensex, close up 21.31 points or 0.10%, off close to 109 points from the day's high and up about 40 points from the day's low. The market breadth, indicating the overall health of the market, was strong.
Who Moved and Why
1) Electrosteel Steels jumps on execution of CDR documents.
2) Yes Bank gains after raising funds from IFC.
3) Large order boosts Hindustan Construction.
4) Andhra Bank gains after allotment of shares to government.
5) GMR Infra gains on hydropower project pact with IFC in Nepal.
6) L&T gains as infra subsidiary seeks FIPB nod for FDI.
7) United Spirits drops as Karnataka High Court rules Diageo's 7% stake buyout as null and void.
Read detail analysis report: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/23rd_Dec_equity_closing_update.pdf
Who Moved and Why
1) Electrosteel Steels jumps on execution of CDR documents.
2) Yes Bank gains after raising funds from IFC.
3) Large order boosts Hindustan Construction.
4) Andhra Bank gains after allotment of shares to government.
5) GMR Infra gains on hydropower project pact with IFC in Nepal.
6) L&T gains as infra subsidiary seeks FIPB nod for FDI.
7) United Spirits drops as Karnataka High Court rules Diageo's 7% stake buyout as null and void.
Read detail analysis report: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/23rd_Dec_equity_closing_update.pdf