7 March 2014

MOMENTUM CONTINUES... NIFTY MADE A NEW HIGH

Nifty, scaling their record highs in morning trade..Today Trading started on an upbeat note… . The Sensex was up 99.43 points about 75 points from the day's low..The overall health of the market was strong. rocking trading session on Friday.. Except BSE IT index, all the sectoral indices on BSE were in the green.

Investors are betting that the Bhartiya Janata Party (BJP) led National Democratic Alliance (NDA) will form the next government at the centre after Lok Sabha elections in April-May this year The BJP with its prime ministerial candidate Narendra Modi is considered more pro-business friendly and a more pro-reform party than the Congress party. . Those expectations sent share prices surging for the second day in a row…stocks on Thursday, 6 March 2014, boosted sentiment on the domestic bourses.

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