Volatility continued in late trade as the key benchmark indices cut losses after sinking in the negative zone from positive zone to hit fresh intraday low. The Sensex provisionally settled well below the psychological 21,000 level. The market breadth, indicating the overall health of the market, was negative. In the foreign exchange market, the rupee edged higher against the dollar in choppy trade on speculation the Federal Reserve will maintain stimulus for the US economy in the foreseeable future after disappointing US job data for September 2013 released early this week.
Who Moved and Why
1) eClerx Services gains after good Q2 earnings.
2) Emami firms up after strong Q2 outcome.
3) Ipca Lab gains after Q2 results.
4) Kotak Mahindra Bank gains after strong Q2 results.
5) Shanthi Gears spurts on better-than-expected Q2 earnings.
6) Punj Lloyd gains as Singapore subsidiary sells its entire stake in a firm.
7) Hero MotoCorp extends gain after better-than-expected Q2 results.
8) Autoline Industries drops on reverse turnaround in Q2.
Read detail analysis report here: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/24th_Oct_equity_closing_update.pdf
Find more news and updates about stock brokers in India, share market updates, share brokers in India, fixed income interests in India, Tax free saving schemes, fixed deposits, mutual fund schemes in India. Visit:- http://www.rrfinance.com/
Who Moved and Why
1) eClerx Services gains after good Q2 earnings.
2) Emami firms up after strong Q2 outcome.
3) Ipca Lab gains after Q2 results.
4) Kotak Mahindra Bank gains after strong Q2 results.
5) Shanthi Gears spurts on better-than-expected Q2 earnings.
6) Punj Lloyd gains as Singapore subsidiary sells its entire stake in a firm.
7) Hero MotoCorp extends gain after better-than-expected Q2 results.
8) Autoline Industries drops on reverse turnaround in Q2.
Read detail analysis report here: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/24th_Oct_equity_closing_update.pdf
Find more news and updates about stock brokers in India, share market updates, share brokers in India, fixed income interests in India, Tax free saving schemes, fixed deposits, mutual fund schemes in India. Visit:- http://www.rrfinance.com/