ON 31st
jan 2014 stock market trimmed entire intraday gains to sink in negative zone in
mid-morning trade. The barometer index, the S&P BSE Sensex, hit fresh
intraday low. The S&P BSE Sensex was down 15.54 points or 0.08%, off 89.61
points from the day's low and off 13.19 points from the day's low. The market
breadth, indicating the overall health of the market, was strong. In the
foreign exchange market, the rupee edged higher against the dollar tracking the
dollar's losses versus other Asian currencies.
NTPC lost as
the stock turned ex-dividend today, 31 January 2014, for interim dividend of Rs
4 per share for the year ending 31 March 2014. Hero MotoCorp (HMCL) fell in
volatile trade after declaring Q3 result after market hours on Thursday, 30
January 2014. Realty stocks rose on renewed buying. Bayer CropScience fell
after declaring weak Q3 result after market hours on Thursday, 30 January 2014.
Balkrishna Industries surged after announcing strong Q3 result after market
hours on Thursday, 30 January 2014.
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