Friday, 27 December 2013

EQUITY TRADING TIPS ~ TODAY'S STOCK CASH TIPS 27/Dec/2013

ECONOMY ANALYSIS
 NPLs likely to stay above 5% till Q4FY14
 Have cut borrowing cost by 1% this fiscal
 Demand to revive soon; price hike likely: Shree Cements
 Expect margins to rise to 13% in FY15: Havells
 Cabinet to decide on coal extensions, power stocks in focus
 China cabinet report sees 2013 economic growth at 7.6%

MARKET ANALYSIS


The S&P BSE Sensex was moving in a narrow range with a positive bias on the settlement day of December series led by gains in power, metals and capital goods sectors.

At 02:15 p.m.; the 30-share index was at 21,073.67, up 40.96 points or 0.19 per cent. It touched a high of 21,108.25 and a low of 21,043.15 in trade today.

The Nifty was at 6,281.15, up 12.75 points or 0.20 per cent. It touched a high of 6,294.55 and a low of 6,270.05 in trade today.

The market breadth was positive on the BSE with 1,567 gainers against 847 losers.

The foreign institutional investors bought shares worth Rs 40.67 crore while domestic institutional investors were net buyers worth Rs 43.9 crore on Tuesday as per the provisional data from the National Stock Exchange.

MAJOR INDICES
INDIAN MARKETS
INDEX              CLOSE                     CHANGE %               CHANGE
SENSEX             21072.22                        39.51                         0.19
NIFTY                 6278.90                        -10.50                         0.17
BANK NIFTY     11385.75                        55.10                         0.49


US MARKET
INDEX                       CLOSE                      CHANGE
DOW FUTURES         16357.55                        62.94
NASDAQ FUTURES    4155.42                          6.52




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