Special Trading on Satuarday 11th May' 2013 :: NSE Nifty Hits 28 Months High Level Since January' 2011

Source: IndianExpress.com

India's NSE index rose marginally on Saturday to its highest level since January 2011, led by Dr. Reddy's Laboratories Ltd, and ITC Ltd ahead of their quarterly earnings releases next week.

The broader NSE index rose 0.21 percent, or 12.50 points, to end at 6,107.25. The benchmark BSE index rose 0.20 percent, or 39.70 points, to end at 20,122.32.

Shares in Dr. Reddy's Laboratories stock rose 3.85 percent, while ITC ended 0.28 percent higher.

The market was open for trade in a special session conducted to test new software.

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Happy Holi

 

May you have the most blessed HOLI festival than you ever had.
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Emotion v/s Investment

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DR REDDY LAB's Outlook

 

 

DR REDDY LAB looks good in short term to medium term, stock may take short term resistance at 1860-1940 and supports at 1800-1775. Stock view is positive buy on dips short term to medium term. Last Trading Price 1830.