4 May 2015, Sensex surges 330 points while Nifty near 8320 points

The stock market continue to show its momentum raised by Pharma, Oil, FMCG and Banks stocks, Sensex is up 348.84 points at 27361.50 and Nifty up by 105.85 points at 8287.35. BSE stock trading

The direct tax collection by the government during 2014-15 fell short of the target by about 14 per cent with Rs. 6,96,200 crore. The collections are 19 percent more than the last FY.

Shoppers Stop Ltd reported a gross turnover of Rs.907 crores for the quarter ended March 31st, 2015 as against Rs. 830 crores in the corresponding period last year. Net Profit for the quarter stood at Rs.10.3 crores.

ONGC and Cipla are 4 percent up while Hindalco, M&M and Bajaj Auto are other toppers. Among the losers are Tata Motors, Bharti Airtel and L&T and Wipro.

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