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Saturday, 7 June 2014

Nifty at Record HIGH :

The 30-share BSE Sensex zoomed up by  377 points or 1.51 percent to 25396

 50-share NSE Nifty rose from 7,592.70 and gained 109 points or 1.46 percent to 7583.40.



 ONGC is the top gainer on Friday running on hope of government clearing the gas price hike then there will be further upside to ONGC stock .

According to may Experts there is 90 percent chances of the Nifty hitting 8000 by Budget.

FMCG and automobile stocks need to start performing for it to sustain going ahead with this Positive Market .

Support From US market :

Job Report takes US market to fresh high , 
US stocks rose on Friday ,  About 217,000 jobs were added in May which reduced more stability in the job loss area , slightly fewer than expected, while the unemployment rate held steady at 6.3 percent ,  with the Dow and the S&P 500 closing at records . 


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