AUG 30 SATURDAY
BANK STOCKS GAIN ON EASING INFLATION
Buying in banking shares and blue chips on a
surprise drop in inflation and gains in Asian peers
helped Indian shares to end higher on Friday.
The economy grew at 7.9 % in April versus 8.8 %
in the previous quarter.
Participants expect the market to track global
exuities and crude oil price movement in the
near term.
They forecast the sensex to trade in a range of
13900 to 15000 next week.
GAINERS OF THE DAY
ICICI Bank rose to 5.8 % to Rs 671.50.
State Bank Of India rose 7.2 % to Rs 1403.6.
HDFC Bank was up 5.1 % to Rs 1277.25.
Reliance Industries rose 3 % to Rs 2136.75.
Bharati Airtel rose 4.2 % to Rs 837.20.
Larsen And Toubro was 3.5 % higher at Rs 2589.85.
Tata Steel rose 5 % to Rs 600.35.