Key benchmark indices extended gains to strike fresh intraday high in mid - morning trade. The barometer index, the S&P BSE Sensex and the 50-unit CNX Nifty, both, hit their fresh highest level in over one week. Positive Asian stocks boosted sentiment. The S&P BSE Sensex was up 344.66 points or 1.69%, up 174.39 points from the day's low and off 9.66 points from the day's low. The market breadth, indicating the overall health of the market, was strong. Index heavyweight and cigarette major ITC extended early gain. Reliance Industries also extended its early rise. Capital goods stocks gained on renewed buying.
Who Moved and Why
1) RInfra gains after commissioning transmission line in Maharashtra.
2) Natco Pharma gains after strong Q2 earnings.
3) Jaiprakash Associates shrugs off weak Q2 results.
4) TCS gains as company unveils new software development facility in Gujarat.
5) NTPC inches up as power plant begins movement of imported coal.
6) Amara Raja Batteries hits record high after strong Q2 earnings
Read detail analysis report here: - http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/18th_Nov_MidSession%20Update.pdf
Who Moved and Why
1) RInfra gains after commissioning transmission line in Maharashtra.
2) Natco Pharma gains after strong Q2 earnings.
3) Jaiprakash Associates shrugs off weak Q2 results.
4) TCS gains as company unveils new software development facility in Gujarat.
5) NTPC inches up as power plant begins movement of imported coal.
6) Amara Raja Batteries hits record high after strong Q2 earnings
Read detail analysis report here: - http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/18th_Nov_MidSession%20Update.pdf