Friday, 21 February 2014

Equity Trading Tips for February 21,2014

ECONOMY ANALYSIS
  • Maruti Suzuki may launch new premium sedan later this year
  • CCEA approves setting up of coal regulator
  • See 14-15% loan growth even if realty price stagnates: HDFC
  • UBI blames Finacle for NPA trouble, Infosys disputes claim
  • SBI going 'account by account' to tame NPA problem
  • Not worried about EM sell-off affecting India: Macquarie
  • FY14 will be best year for us: CCL Products

MARKET ANALYSIS
  • The Nifty snapped its four-day winning streak and closed below psychological 6,100 mark on the back of weak economic data from China and concerns of cut in US stimulus package.
  • The 50-share index ended at 6,091.70, down 61.05 points or 0.99 per cent.
  • It touched a high of 6,129.10 and a low of 6,086.45 in trade today.
  • The S&P BSE Sensex closed at 20,552.13, down 170.84 points or 0.82 percent.
  • It touched a high of 20,662.66 and a low of 20,522.04 in trade today.
  • The S&P BSE Midcap Index was down 0.02 per cent and the BSE Smallcap Index slipped 0.14 per cent.
  • The S&P BSE Bankex fell 1.63 per cent, the S&P BSE Metal Index was down 1.16 per cent and the S&P BSE FMCG Index was 0.89 per cent lower.
  • The S&P BSE Power Index was up 0.35 per cent and the S&P BSE Capital Goods Index was up 0.03 per cent.
  • The foreign institutional investors bought shares worth Rs 468.47 crore while domestic institutional investors were net sellers worth Rs 338.74 crore on Wednesday as per the provisional data from the National Stock Exchange.
MAJOR INDICES


INDIAN MARKET


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