Wednesday, 15 January 2014

REVIA ~ EQUITY TRADING TIPS FOR 15/JAN/2014

ECONOMY ANALYSIS

 Focusing on sustaining 16% margins ahead
 Indian pharma to revive by Apr; see better margins: Cadila
 With CPI easing, JP Morgan expects RBI to hold rates in Jan
 HC orders suspension of activity at 12 Adani SEZ units
 US no longer among top 10 for economic freedom
 'New' GM has old problem: stagnant US market share
 See 20% rise in market if alliance gets 220+ seats: CS


MARKET ANALYSIS

The Nifty ended below 6,250 as sentiment in global markets turned bearish on concerns of economic growth and tapering of stimulus package in the US. Metals, realty and technology were among the top sectoral losers while pharmaceuticals and oil & gas sectors edged higher.

The 50-share index ended at 6,243, down 29.75 points or 0.47 per cent. It touched a high of 6,280.35 and a low of 6,234.15 in trade today.

The S&P BSE Sensex closed at 21,042.22, down 91.99 points or 0.44 per cent. It touched a high of 21,154.76 and a low of 21,009.05 in trade today.

The foreign institutional investors bought shares worth Rs 413.85 crore while domestic institutional investors were net sellers worth Rs 317.52 crore on Monday as per the provisional data from the National Stock Exchange.

The European markets continued to remain the red tracking losses from other global markets. The FTSE 100 was down 0.44 per cent, the CAC 40 slipped 0.37 per cent and the DAX fell 0.64 per cent.

MAJOR INDICES
INDIAN MARKETS
INDEX                    CLOSE                        CHANGE %                   CHANGE
SENSEX                 21032.88                            -101.33                            -0.48
NIFTY                      6241.85                             -30.90                             -0.48
BANK NIFTY         10948.90                             -72.70                              -0.66


US MARKET
INDEX                                         CLOSE                    CHANGE
DOW FUTURES                          16257.94                      -179.11
NASDAQ  FUTURES                    4113.30                        -61.37





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