Indian Stock Market ended with High Prices

Indian Stock Market ended with High Prices
Indian Stock Market ended with High Prices:  Indian Stocks ended today with increased prices. Bombay Stock Exchange (BSE) closed at 18946.98  rised up to 157.64 points and the Nifty closed at 5612.40 rised up to 46.75 points. It was possible with the data  which was came from china is crossed market expections so  all metal stock were increased.
Aluminum maker Hindalco Industries stock rised up to  93.75 rupees and  Tata Steel reached 236.55 rupees.

Some of the reality stocks were increased Reliance infrastructure is gained 4.35 points closed at 350.35
,DLF is about rise from it's lowest level to upside closed at 138.65 it may reach around 200 in a couple of weeks.
Today  the IT socks also effected some extent Indias Largest IT firm Tata Consultancy Services(TCS) lowered down  to 1.76% closed at  Rs.1814.00 by loosing  Rs.31.40.  Worlds strongest Database Oracle Financial Services Software fell down  0.56% close at  Rs. 2970.10/- by losing Rs.16.60/-
 India's second largest IT firm Infosys has gained  up to 1.38%  closed at 3005.40 by gaining 40.85.

Some of the Banking stocks were gone to the bottom level, India's largest bank State Bank of India(SBI)
closed at 1,605.35 by losing Rs.58.80 (3.53%), Axis bank  fell down  to 1.40% closed at 1070.45 by losing Rs.15.15.  ICICI Bank  decreased up to 0.91% closed at 867.05 by losing  Rs.8.00

Indian Rupee is weekend against Doller at 39 paise to 61.27 this situation is leading to worst to rupee.
According to the Indian  Finance Minister  Palaniappan Chidambaram the  India Federal government will take steps to  reduce imports and attract dollar inflows, including by allowing state-run financial firms to sell
government-backed bonds overseas.  But the traders expressed the announcement was not clear about
the time frame to implement the necessary steps.

The Chinese  Economic data given to Asian market to increase most of the Stocks particularly Indian Market has been raised some extent this may continue on Tuesday (13th August).

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