A
decision of major index provider MSCI Inc. not to add Chinese domestic stocks
to its widely tracked emerging-markets index helped trigger a rally in key
equity benchmark indices in India. Chinese stocks fell after the MSCI
announcement in New York yesterday, 9 June 2015. The barometer index, the
S&P BSE Sensex, was provisionally up 353.62 points or 1.34% at 26,834.87.
The market breadth indicating the overall health of the market was strong. The
BSE Mid-Cap index was up 1.08%. The BSE Small-Cap index was up 1.11%. Index
heavyweight Reliance Industries (RIL) edged higher. IT shares rose. TCS edged
higher after announcing the launch of TCS BaNCS Digital, a solution designed
specifically for financial institutions in North America. Capital goods gained
on renewed buying.
STOCKS TO WATCH
ICICIBANK:
Selling opportunity below 294 stocks may show
284/278 level in coming days. Above 294 major resistances will be 300.
DISHTV:
Buy DISHTV above 98, stock may show 106/110
level in coming days. Below 98 major supports will be 94.
PFC:
Selling seen on the card below 265, stock may
show 245/235 levels in coming days. Though long term buyers can accumulate the
stock from dips.
For more info. about market visit here: CapitalStars
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