Closing update- The Indian market closed green on Thursday, The Nifty managed to close above 7900 after almost 2 week. Today 50-share index gained 2 per cent from recent Intraday low of 7697. The 30-share index closed above moving average 200 points. The Sensex closed up 193.20 points or 0.7 per cent at 25790.22.
Nifty Top Gainers- BOSCH Ltd 4.76%, ICICI Bank 3.97%, Dr. Reddy’s 3.71%, Hindalco 2.35%, Asian paints 2.34%, SBIN 2.05%, TCS 1.89%, Tata Motors 1.88%, Reliance 1.80%, power Grid 1.63%.
Nifty Top Losers- Auro Pharma 2.15%, Eichermot 1.30%, M&M 1.22%, Hindustan unilever 1.07%, Axis Bank 0.84%, LT 0.77%, Maruti 0.72%, Kotak Bank 0.64%, HDFC 0.64%, Hero Motocom 0.48%.
Dr Reddy's Q4 benefit was hit by a one time Venezuela discount worth Rs 430 crore. The medication real's net benefit fell 86 percent at Rs 74.6 crore in January-March quarter from Rs 518.9 crore in comparing quarter last financial. Its aggregate salary additionally slipped 3 percent to Rs 3756.2 crore against Rs 3870.4 crore in year-back period.
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