Wednesday, 12 February 2014

Equity Trading Tips for February 12,2014

ECONOMY ANALYSIS

  • Auto Expo 2014: Hero Hastur unveiled in India
  • Dr Reddy's Labs Q3 beats estimates, net up 70% to Rs 618cr
  • Nasscom sees IT sector exports grow 13-15% in FY15
  • Railway Minister to announce several new trains on Feb 12
  • TV18 delivers record Q3 profits, EBITDA up 61%, net up 177%
  • Stocks in news: Tata Motors, NMDC, Tata Steel, Dabur
  • Sensex, Nifty close flat; Tata pack leads, Hindalco down 2%

MARKET ANALYSIS

  • MUMBAI: The benchmark Sensex today advanced 29 points to end at 20,363.37 on buying in IT and auto shares, amid export growth in January helping trim surging trade gap.
  • In step with the stock markets, the Indian rupee strengthened to 62.26 versus yesterday's closing of 62.43.
  • The BSE Sensex, which had lost 42.29 points on Monday, recovered by 29.10 points, or 0.14 per cent. Intra-day, it moved between 20,443.35 and 20,349.51.
  • In the 30-share Sensex, 15 stocks gained led by InfosysBSE 0.77 %, TCSBSE 0.35 %, Tata SteelBSE 2.00 %, ONGCBSE 1.40 %, SBIBSE 0.28 %, HDFCBSE 1.17 %, Axis BankBSE 0.22 % and Bajaj AutoBSE 0.20 %.
  • However, Reliance IndustriesBSE -1.96 % shares slipped 1.96 per cent after the Delhi government ordered filing of criminal cases against RILBSE -1.96 % chief Mukesh Ambani, among others, following complaints of irregularities in pricing of natural gas in KG basin.

 INDIAN MARKET

INDEX
CLOSE
CHANGE
% CHANGE
SENSEX
20363.37
29.10
0.14
NIFTY
6062.70
9.25
0.15
BANK NIFTY
10245.45
31.55
0.31


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