TODAY STOCK MARKET OVERVIEW AND NEWS REPORT 14 JULY 2017. | CAPITAL WAYS FINANCIAL SERVICES.

SENSEX REBOUNDS 190 PTS,NIFTY ABOVE 9750 AFTER LAST WEEK'S 3.5% FALL

STOCK MARKET OUTLOOK

Equity benchmarks rebounded in opening on Monday after losing 3.5 percent in previous week, backed by short covering in most beaten stocks.

The 30-share BSE Sensex was up 182.89 points at 31,396.48 and the 50-share NSE Nifty gained 58.15 points at 9,768.95.

Dr Reddy's Labs, Sun Pharma, Bank of Baroda, BPCL, Infosys and Bharti Airtel were only losers among Nifty stocks.

Nifty Midcap was up 1.5 percent on strong market breadth. About five shares advanced for every share falling on the NSE.

Suzlon Energy, CESC, BEML, Adani Ports, DLF, Sun TV, CG Power, JP Associates, GVK Power, GMR Infra, Techno Electric, Voltamp Transformers and Mercator surged up to 7 percent.

Parsvnath Developers (down 10 percent) and Signet Industries (down 20 percent) fell after SAT stayed SEBI order.

REC, HDIL, Jamna Auto and Chennai Petroleum were down nearly 5 percent.