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Friday, February 19, 2016
Nifty and sensex turned green during end of the day
Companies who came with their IPO few days back i.e TeamLease Services and Quick Heal Technologies were most active on exchanges today. TeamLease rebounded sharply, up 2.5 %after losing more than 18% intraday. Quick Heal gained 5% after hitting 52-week low of Rs 242.Bank shares and education shares including educomp,Careerpoint rallied during the day
Nifty gainers ICICI Bank,Bajaj Auto,M&M,PNB,SBI,NTPC,Asian Paints Top Stocks in news are :Jet Airways, BHEL, Spicejet
India's oil imports from Saudi Arabia and Iraq hit the highest in
more than a decade last month as OPEC's top producers gained at the
expense of Latin American crudes, a validation of the OPEC policy of
maintaining output and fighting for market share.
India, the world's third-largest crude oil importer and since shipping distances are short,hence the Middle East members
of the Organization of the Petroleum Exporting Countries (OPEC) are giving prefernce to India for oil exporting.
Most of the experts advised to sell GOLD & CRUDE by looking at the current trend in commodity markets