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Thursday, 23 August 2012

Nifty Trend and Tips for Tomorrow

BSE Sensex ended flat today, as investors booked profits on Reliance Industries due to worries about lower refining margins, though software service exporters such as Infosys gained on hopes for more US monetary stimulus.The  30 share index of Bombay Stock Exchange, Sensex,  shut shop above the 17850 level.
The benchmark lost substantial ground post striking its 23 week’s high level, which was above the 17950. Meanwhile, Nifty added 0.05 percent to end at 5415.Earlier, the Sensex came close to the 18,000 milestone while the Nifty almost touched 5,450.The top gainers on the Sensex were Wipro up 2.77%, TCS up 2.40%, Infosys up 1.80%, HUL up 1.80% and Tata Steel up 1.60% while, RIL down 1.74%, M&M down 1.60%, L&T down 1.59%, ONGC down 1.40% and Bajaj Auto down 1.11% were the top losers in the index.