Flattish trading session on Indian stock markets on June 7, 2011
June 7th, 2011
Indian stock markets had a flattish session at the start but post-lunch the bias is more towards the positive territory. The NSE Nifty gained a modest 24.1 points to close at 5556.15.
Nifty Junior is up 0.73%. CNX IT is up 1.3%, Bank Nifty is up 0.17%. CNX 500 is up 0.55%, Nifty Midcap 50 is up 0.80%.
Top gainers of the day included Sun Pharma, Reliance, JP Associates, Tata Steel, Reliance Capital, Cipla, Infosys, Reliance Infa, TCS and GAIL.
Top losers of the day include Hindustan Unileaver, Hero Honda, L&T, ACC, Wipro, Bajaj Auto, Siemens, Tata Power, SAIL and Ambuja Cements.
Ambuja Cements
Ambuja Cements is having a mixed call by brokerage firms.
Just Trade has given a target of Rs. 149 for 8-10 sessions. Aditya Birla Money however is giving a sell call with a target of Rs. 127. IIFL has a buy call of Rs. 147. Meanwhile, Ambuja Cements Limited (ACL) has reported that is May 2011 production stood at 17.36 lakh tonnes.
Entry Filed under: Equity Markets, Cement
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