Asian Market Down, Spice Jet & Gayatri Projects Hiked Up

On the last trading day of this week, due to the increased sell in the American Market, Asian Market opened with loss. The Japanese Benchmark Index Nikkei 225 dropped by 300 points (2.17%) in the morning trade. Except Cospi, all other Asian Indexes are moving with red sign. The Indian Benchmark Sensex is currently trading at 23647.30 with the loss of 1.92 points and Nifty is trading at 7190.25 with the loss of 1.50 points.

The shares of Auto, Infra, Pharma, Metal, Capital goods are getting sold, which is pushing on the pressure on Indian Stock Market. Nifty's Metal Index received the drop of 1%, Pharma Index by 0.6% and Auto Index by 0.5%. 

Due to the increased traveling passengers in January, the record load factor of Spice Jet has been increased by 92.1%. This announcement made a positive impact on Spice Jet. Currently, Spice Jet is trading at 68.75 with the hike of 4.64%. Gayartri Projects made an agreement with Telangana Power for the production of 570 Megawatt electricity for next 8 years. Gayatri Stock took a big jump after receiving this contract. According advice to invest in these stocks for higher returns.