Mid Session Market wrap-up: RR Information Research

by Rahul Saxena IT Executive RIL & R Com gains on tower sharing pact Indian Equity Market reversed intraday losses and hit fresh intraday high in early afternoon trade. Among pharma stocks, Dr Reddy's Laboratories scaled record high. Metal stocks gained. State Bank of India (SBI) extended intraday gains. 

IT stocks extended intraday gains on positive economic data in the US. The Market Breadth Indicating the overall health of the market was strong. The BSE Sensex was 159.79 points higher at 19679.28 & The NSE Nifty was 45.05 points higher at 5962.45. The BSE SMALLCAP & MIDCAP indices were 37.33 & 33.83 points Higher respectively.

Who Moved and Why

• Zuari Agro Chemicals jumps 8.3% in 2 days.

• Polaris Financial spurts on buzz software majors vie for IT biz unit.

• Godrej Properties builds on launch of new residential project.

• Redington (India) gains after tie up with CtrlS Datacenters.

• Claris Life sciences in the pink of health.

• RPG Life Science spurts after selling surplus land.

• Maruti Suzuki slips after suspending production to adjust inventory.

• Mahindra Satyam gains after securing multi-year contract from Bridgestone.

Read detail analysis report :- https://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/7th_June_Mid_Session_Update.pdf

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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