17/06/2013 Monday Indian Stock Market Prediction || Inflation Falls 3 Year low||RBI Policy come on 17th June || Today’s Gainers Losers & Updates

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Indian Share Market & Rupee both are showing strong rally on Friday. BSE SENSEX jumped over 380 points and reached the high of 19,208.48 in noon trade and NSE benchmark nifty surge more than 100 points and hit a 5,819.35 high. And at the end of today’s trading session Nifty stands at 5,808.40 up by 109.30 points or 1.92% and BSE stands at 19,177.93 up by 350.77 points or 1.86 %.

Inflation Falls to 3 Year Low at 4.7%

India’s WPI Wholesale Price based inflation fell to 4.7% in May was the lowest of 3 years. The country’s main inflation indicator based on WPI was recorded at 4.89% in April and 7.55% in the corresponding month of the last year.

The Reserve Bank of India is scheduled to announce review of the monetary policy on June 17th. In which RBI may be cut in CRR by 0.25%. in all last three policy RBI had cut the Interest rate.

Today Nifty Gainers Losers

Gainers – Hindalco Industries Ltd, Tata Motors Ltd, Jaiprakash Associates Ltd, Reliance Infrastructure Ltd, Maruti Suzuki India Ltd.

Losers – Cipla Ltd, Hero MotoCorp Ltd, Hindustan Unilever Ltd, Indslnd Bank Ltd.

Friday 14/06/2013 SNSEX Gainers Losers

Gainers – Oil India Ltd, Apollo Hospitals Ltd, JSW Energy Ltd, Jet Airways Ltd, Future Retail Ltd.

Losers – Syndicate Bank Ltd, MMTC Ltd, Sun TV Network Ltd, Apollo Tyres, United Breweries Ltd.

Monday 17th June 2013 Indian Stocks NSE BSE Market Prediction

Monday 17/06/2013 Market may be continued its Bullish session and recovered its previous down position. Banking sector may be growing up on Monday after coming RBI monitory policy. Auto Metal, IT, Oil & Gas sectors may be opened with Green side and book a profit on a market.

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