Indian markets
settled on a buoyant note with Sensex reclaiming 25,000 mark on Thursday (June
5, 2014) Metal, oil and gas and power stocks witnessed a gain whereas banking
stocks registered a fall.
At the close, the
benchmark 30 share index, BSE Sensex gained 213.68 points or / 0.86% at 25,019.51 with 22 components
registering rise.
 |
| Motilal Oswal, CMD, Motilal Oswal Financial Services |
Mr. Motilal Oswal,
CMD, Motilal Oswal Financial Services, said, ''I believe that the new strong
and decisive government would kick start the economy & also push the
reforms process very aggressively. Already lots of things are visible on the
ground. I expect the markets to touch newer heights. We may see Sensex levels
at 30 K (30000) before budget (2014 July First Week). In my view the next few years would be very
bullish for equity investors. Just 'BUY RIGHT' and 'SIT TIGHT'. Invest in quality companies managed by great
managements and available at reasonable
price,"
Foreign institutional
investors’ optimism regarding the Indian market continues. They have already
pumped in over $ 800 crore (About Rs. 50,000 crore) so far this year into
Indian equities.
Motilal Oswal Securities Ltd.
Chennai - Alwarpet
K.G. Business Centre,
No.65, T.T.K Road,
Alwarpet 2nd Flr,
Chennai – 600 018
Telephone No. :044 - 3918 4243
North Usman (T Nagar) Chennai
24, Susee Complex,
3rd Flr, North Usman Road,
T. Nagar, Chennai - 600 017
Telephone No. :044 3918 4723, 044 3918 4735
Motilal Oswal Securities Ltd.
Palm Spring Centre, 2nd flr, Palm Court Complex,
New Link rd, Malad (W),
Mumbai – 400 064.
Call : 022 - 3089 6680 SMS : <MOSL_Eq> to 575753
To open an account or to know more about our Products & Services
Call : 91-22-30896680
E - mail : info@motilaloswal.com
SMS : MOSL INFO to 575753
For Customers
Call : 91-22-3998 2515 / 6749 0600 (Customer Service Desk)
E - mail : query@motilaloswal.com
SMS : MOSL INFO to 575753
Web Site: http://www.motilaloswal.com/
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