Equity Trading Tips for August 18, 2014

ECONOMY ANALYSIS
 Nifty may breach 7850 soon; like private banks, IT: UR Bhat
 Mutual funds' exposure to IT stocks hit 5-month high in July
 Services exports down 6.8% to $12.9 bn in June
 RBI to issue Rs 1,000 banknotes within MG series-2005
 Sun Pharma unit recalls mutiple lots of capsules from US
 Rain decreases over Bihar, Monsoon remains active over

MARKET ANALYSIS
 Markets obsessed with bold reforms, says Normura; raises Sensex target to
     30,310
 Global brokerage house Nomura on Wednesday raised its target for the BSE
     Sensex to 30,310 by end of August 2015, saying that the cyclical pick-up in
     growth is being ignored by the market obsessed with bold policy and reform
     moves from the new government.
 "Our new August-end 2015 Sensex target is 30,310, which offers a potential
       about 20% upside from current levels based on a conservative 12% earnings
       CAGR for FY14-17F (versus consensus at 15.5% earnings CAGR) and about
       9% re-rating of the market's earnings multiple to 16.4x from the current
       15.0x," the brokerage said in a report. Nomura in its previous report had a
       target of 27,200 on the BSE Sensex for December-end 2014. As a reflection
       of the positive view on growth, Nomura upgraded its 'underweight' stance on
       autos and industrials (infrastructure, construction and capital goods) to
       'overweight'.

Research Via is a leading financial advisory provides free tips on Indian share market like equity tips, stock tips, stock options tips, bullions tips, agro tips, commodity tips, nifty tips, base metals & energy tips, comex tips, international forex tips, domestic forex tips, agri tips, commodity (mcx& ncdex) tips.