[sharetrading] Anagram's Daily Market Review [1 Attachment]

 

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Anagram's Daily Market Review

Markets snapped a three day losing streak led by metal stocks. Sensex gained 90 points to close at 16692, while Nifty finished at 4985, up 33 points. BSE Mid-cap and Small-cap indices gained 0.8% and 1% respectively. Metal stocks gained on the back of higher metal prices on LME. US aluminium producer Alcoa's move to invest in a new Saudi Arabian complex also boosted the sentiment. European markets were trading higher by about a percent, led by energy and pharma stocks. US stock indices futures were up about half a percent ahead of GDP revision and existing home sales report.

BSE Metal and PSU indices were the top gainers among the sectoral indices, putting on 2.9% and 1.6% respectively, while IT and Healthcare indices were the sole losers, shedding 0.4% and 0.2% respectively. Tata Steel and Bharti Airtel gained the most among the Sensex stocks, climbing 4% and 3.8% respectively, while ACC and ONGC shed 1.9% and 1.3% respectively. BSE advance-decline ratio stood at 1.5:1.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

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