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Stock Market News

The BSE Sensex and NSE Nifty started off Friday's trading with 1.6% gap up following shift across the earth led by ECB Us president Mario Draghi's reviews on Eurozone.

The BSE benchmark taken up 255.56 points or 1.52% to 16,895.20 and the NSE benchmark was up 81.71 points or 1.61% to 5,124.73.

Among Asian marketes, Hang Seng, Kospi and Taiwan Weighted rallied 2% each. Nikkei obtained 1% while Shanghai and Straits Times were flat.

The US marketes last night shut with 1.6% profits and even European markets increased in the second 50 percent of business after European Main Financial institution (ECB)  said, "ECB is willing to do whatever it requires to protect the euro. And believe me, it will be enough."

TVS Motor dropped 1% as experts experience the company will dissatisfy on every depend in first one fourth outcomes that will be declared today.

MTNL was up 2.5%. However, Tulip Telecom, Pipavav Defence and Monnet Ispat gained 5-9%.
JK Lakshmi Cement surged 4% and Bata was up 1% after good numbers in the quarter ended June 2012.

Sintex, GMR Infra, Kingfisher, HCC, Shree Renuka and Bajaj Hindusthan were up 2-4%.
Wockhardt moved up 2% as the company sold its nutrition business to Dannone for Rs 1270 crore

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