Indian stock market continued to rise for sixth consecutive day. The S&P BSE SENSEX ended the day at 27316.17, gained 200.34 points and 50 share index Nifty closed at 8224.95 up 50.35 points.
Except Pharma, Media and realty sector all sectoral indices traded up at NSE. According to experts most of the market concerns now over. Brokers said frequent buying trend by investors is driven by above normal monsoon and Federal Reserve’s stance on interested rate lifted.
Money Maker Research’s expert said that, looking at index future and stock future index figure we can say that Foreign institutional investors have started buying in Future market.
Buzzing stocks Today
SunTV rallied 9% in intraday trade, Aarti Drugs surged over 8%, Essar oil dropped 10%, Amtek Auto gained 8% and Dish TV fell 5%.
Top gainers M&M, HDFC, Wipro, ONGC, Hindalco.
Top Losers Tata Motors, BHEL, Hindustan Unilever, Tata power.
Next week trigger
June 23, US new home sales data will be released.
June 24, US GDP growth figures will be announced.
June 25 , Indian Stock Market Future expiry.