Tuesday, December 24, 2013

Equity Cash Tips and Stock Market Updates



Asian shares were trading higher taking cues from overnight rally on Wall Street. U.S. stocks reached all-time highs after Apple Inc's distribution deal with China Mobile lifted the technology sector. Asian stocks gained on Tuesday after data showed the US economic recovery gaining momentum.
Asian Stocks indices - China, Hong Kong, Japan, Taiwan, Singapore and South Korea rose 0.06% to 0.84%. In Indonesia, Jakarta Composite was off 0.18%.

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Among banks
ICICI Bank climbed 0.55 percent to USD 36.56 per ADR
HDFC Bank rose 1.35 percent to USD 34.57.
Technology space
Infosys was down 0.21 percent to USD 56.88
Wipro gained 0.96 percent to USD 12.61.
Among others
Tata Motors rose 0.72 percent to USD 30.57
Dr Reddy’s Labs soared 0.17 percent to USD 40.96.
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