INSUBCONTINENT EXCLUSIVE:
Hi there! You are listening to ETMarkets Evening Podcast.This is Abhinav Kaul and I will bring you today's wrap-up of stock trading and what
seasoned analysts have to say.Stocks had a good day in office after Chinese President signalled opening up the world's second-largest
economy more by lifting foreign ownership restrictions
This boosted sentiment.Optimism that Q4 results will be on track gave the bulls more hope.The Nifty index closed at 10,402, a jump of 0.22
As many as 26 stocks were in the green
The Sensex pushed higher by 0.27 per cent to end at 33,880, with 17 stocks advancing.Axis Bank was in the hot seat, up over 5 per cent,
after CEO Shikha Sharma approached the board asking it to reduce her fourth term up to December 2018 instead of the earlier May 2021.Metal
stocks such as Hindalco, NMDC, Nalco and Vedanta rose after the US imposed sanctions on Russian giant Rusal, the world's largest aluminium
producer.Let's listen in to what Hitesh Agrawal of Religare Securities has to say on fundamentals.Byte 1: Hitesh Agrawal Mahanagar Gas
posted the biggest spike in open interest at 79.39 per cent
Balrampur Chini Mills (35.35 per cent) and Axis Bank (22.73 per cent) were next on the list
Chandan Taparia of Motilal Oswal dwells on technicals and the FO market
Byte 2: Chandan Taparia That’s all for now folks
Do check out ETMarkets.com for detailed market analysis and come back for our regular market podcast
Have a wonderful evening ahead.
