Tuesday, May 12, 2015

MARKET SUMMARY FOR 12 MAY 2015


Sensex falls 630 points 2.4 percent at 26855, Nifty ends down 207 points 2.5 percent at 8118. Tata Steel, Cairn India,Vedanta, BHEL, ICICI Bank and Tata Power were top losers Dr Reddy's Labs and Hero Motocorp were top gainers. Today’s sell off was broad with every single sector index closing in the red. Worst hit were shares from the capital goods, banking, oil & gas, power, realty and auto sectors. About 772 shares advanced, 1943 shares declined, and 147 shares were unchanged. After hitting record highs in this year, indices have been on a downtrend, making lower highs on each rebound and lower lows on each correction.
TODAY RESULT
Dr Reddy’s up by 3.3%.Dr Reddy's Labs Q4 net up 8% Dr Reddy's Labs  has net profit of Rs 519 crore in the quarter ended March 2015 up 7.8% from Rs 481.6 crore in the corresponding quarter last fiscal. During the period, total income was up 11.2 percent at Rs 3870 crore.
Apollo tyres falls by 1.1%.Apollo Tyres Q4 net up 9%at Rs 307 cr for the fourth quarter ended March 31.The company had posted a consolidated net profit of Rs 281 crore during the same period of previous fiscal. Net sales of the company, however, declined to Rs 3,098 crore during the same period compared with Rs 3,211 crore in the same period of previous financial year. top gainers and losers are
TOP GAINERS
Company
     
      Price

% Gain
Hero Motocorp
      2,466.40
3.45
Dr Reddys Labs
      3,468.90
3.25
TOP LOSERS
                                          
Bank of Baroda
158.40
-6.66
Tata Steel
353.60
-6.23
Cairn India
198.05
-5.67
Vedanta
218.25
-5.23
BHEL
222.60
-5.16

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