Equity Market Closing Wrap-Up : RR Equity Brokers

by Rahul Saxena IT Executive

Indian Equity Markets covered intraday losses & closed flat. Jet Airways (India) lost nearly 10% as the Foreign Investment Promotion Board will reportedly consider various foreign investment proposals including the Jet-Etihad deal tomorrow, 11 June 2013.

Cairn India rose as US crude oil futures traded near the highest level in more than two weeks. The market breadth, indicating the overall health of the market, was negative. The BSE Sensex closed 11.84 points up at 19441.07 & The CNX Nifty ends 3 points lower at 5878.00

Who Moved and Why

• Federal Bank drops after bulk deal.

• Cairn India gains along with crude oil price.

• Polaris Financial drops after recent rally.

• Cholamandalam Investment falls after bulk deal.

• Jet Airways drops ahead of stake sale approval.

• Opto Circuits tumbles to 52-week low on high volume.

• IT stocks in demand as rupee hits record low against dollar.

• Cinemax India gallops on board's nod for amalgamation with PVR.

• Volumes jump at Cholamandalam Investment and Finance Company counter.

Read detail analysis report here:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/10%20june_equity_closing_update.pdf

RR Equity Brokers - Online Share Trading

Also Find information about :- Mutual Funds, IPO Rate, Bonds, Debentures, Life Insurance, Fixed Deposits, Company Fixed Deposits
Please Visit:- http://www.rrfinance.com/