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Tuesday, 12 July 2016 -Bank stocks rallies, NIFTY can't landed still flying, NIFTY hits 8500 above after August 2015

  Hi friends, SENSEX, NIFTY enters fresh 2016 high, NIFTY trades at 8,521.05, strong global cues, good monsoon season, easing the liquidity rates and bank nifty rallies.

Market OPEN       :8,467.90
Market Close        :8515.65
Profit/Lose          : +47.4
Trend                   :UP
Reason                : Strong Global cues US, GST bill hopes and hopes on Indian Reforms .

 TODAY NIFTY
Top losers
Cipla Ltd:515.40 (-6.60)
Coal India Ltd    : 317.00  (-3.90 )
Dr.Reddy's Laboratories Ltd:3,600.00 (-26.45)
Sun Pharmaceutical Industries Limited  :784.00 (-5.00 )
Top Gainers
Reliance Industries Limited     :1,003.40 (+10.90)
ICICI Bank Ltd     : 261.70  (+11.85)
Tata Steel Limited :343.45 (+16.45)
Maruti Suzuki India Ltd :4,362.00 (+89.95
Axis Bank Ltd :560.00(+15.60)

L & T INFOTECH IPO OPENED
Dates : July 11-13
Shares Offered  1.75Cr
Price : 705-710
Key Points :-
  1) Parent company is Larsen & Toubro Ltd. (L&T),
   a technology, engineering, manufacturing and construction conglomerate,
   with global operations.
  2) L & T infotech is 6th largest indian IT player by revenue
  3) Invester already oversubscribed and tomorrow is last date to subscribe

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