Stock Market Closing Bell Nifty At 7030 Ahead Of Budget By CapitalHeight

Stock Market closing News :- The market has ended higher in the last trading session ahead of Union Budget. The Sensex ended up 178.30 points or 0.8 percent at 23154.30, and the Nifty gained 59.15 points or 0.8 percent at 7029.75. About 1039 shares have advanced, 1435 shares declined, and 176 shares are unchanged. Coal India, SBI, Hindalco, NTPC and L&T were top gainers in the Sensex. Among the losers were Bajaj Auto, Hero, Lupin, Bharti and Wipro. 3:10 pm FDI: Foreign Direct Investment (FDI) into the country increased by 31 percent to USD 24.8 billion during April-November, Economic Survey said today. FDI in April-November 2014 stood at USD 18.9 billion. With a view to liberalise and simplifying the FDI policy and to provide ease of doing business climate in the country, the government has undertaken various reforms, the survey added. It said that FDI inflows have increased into sectors like computer software and hardware, services, trading, automobile industry, construction activities, chemicals and telecommunications. 3:00 pm Market Update: The 30-share BSE Sensex rose 156.57 points or 0.68 percent to 23132.57 and the 50-share NSE Nifty advanced 49.45 points or 0.71 percent to 7020.05. The market breadth continued to be weak as about 1380 shares declined against 988 advancing shares on the BSE. 2:58 pm Kansai Nerolac in news: Kansai Nerolac says promoter bought additional 1.09 crore shares (representing 2.02 percent equity) through open market. They increased their stake to 71.29 percent. The stock gained 1.5 percent.

For 2 Days Free Trial, please visit our site   

at http://www.capitalheight.com/stock-tips.php or Call at 0731-6615050, 9993066624.