Sensex advances for 6th straight day as markets cheer Barack Obama's re-election




Dated:07 November,2012
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Sensex advances for 6th straight day as markets cheer Barack Obama's re-election

The Sensex today advanced for the sixth straight day to close 85 points higher at 18,902.41, levels seen over a month ago, on foreign fund buying.

Four factors that will help Bharti Airtel's stock perform well

The stock has not been able to earn meaningful returns. Given co's performance, Bharti's stock is likely to be under selling pressure.

Barack Obama's re-election positive for markets: Adrian Mowat, JP Morgan

Adrian Mowat, Chief Asian and Emerging Market Strategist, JP Morgan, talks about the impact of Obama win on global economy and markets.


Views on Stocks/Markets

IPO/Global Markets


Rupee / Gold


More 'Market' News

Most analysts are positive on Airtel but cautious to positive on the telecom sector on a whole as the auction failure could trigger re-rating for the sector.

Nomura maintains 'reduce' rating on Airtel with a target price of Rs 210 and doubts the results will boost market confidence about outlook.

Credit Suisse downgraded Larsen & Toubro to 'neutral' from 'underperform', on concerns about deteriorating order flow mix and rising working capital cycle.
Market Round-up
SENSEX 18902.41 85.03
NIFTY 5760.10 35.70
NASDAQ 2141.54 17.78
DJIA 10060.06 19.61
RS/$ 46.79 -0.14
NSE Gainers
Scrip Price(Rs.) %Change

 21.60 + 20.00

 22.20 + 20.00

 20.40 + 20.00

 26.75 + 19.96

 36.45 + 19.31
NSE Losers
Scrip Price(Rs.) %Change

 2.75 -11.29

 316.80 -7.76

 2.40 -7.69

 2.40 -7.69

 41.05 -7.23


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