Equity Trading Tips for February 5,2014

ECONOMY ANALYSIS:

• Bharat Forge Q3 net doubles to Rs 94 cr, margin up 460 bps
• PM approves composition of 7th Central Pay Commission
• Capacity utilisation high; export-import gap cut: Concor
• Product mix helped boost PAT: Lupin
• FY15 growth will depend on poll outcome: IDFC's Limaye
• Tech Mahindra Q3 net profit up 38% on exceptional gain
• Plan to launch higher version of KTM Duke 390: Bajaj Auto

MARKET ANALYSIS

• The BSE benchmark index Sensex recovered from four-month low levels in day trade to end flat on value buying by investors in fundamentally strong stocks amid weak global trends.
• Earlier in the day, the 30-share barometer had plunged by 246 points to 19,963.12 points, a level last seen on October 9, 2013, in line with weak global markets.
• However, late buying in bluechips, mainly banking, FMCG and telecom, helped the index bounce back from lows and closed marginally up by 2.67 points, or 0.01 per cent, at 20,211.93.
• A sell off emerged in global markets due to fears of slowing economic growth after weak manufacturing data in China, the US and the UK.
• Brokers said the MSCI Asia Pacific Index touched its lowest level in five months as weaker-than-expected growth in the US triggered a selloff in global markets.
• The broad-based National Stock Exchange index Nifty closed down by 0.90 point at 6,000.90, after touching a low of 5,933.30

INDIAN MARKETS

INDEX	CLOSE	CHANGE	% CHANGE
SENSEX	20211.93	2.67	0.01
NIFTY	6000.90	-0.90	-0.01
BANK NIFTY	10191.20	89.10	0.88

Research Via provides stock cash tips,Free equity tips, free share tips, stock futures tips, Free Stock Future tips, nifty updates, Nifty futures tips, Nifty Future tips, nifty trend, equity trading tips, mcx commodity tips, Ncdex tips, commodity updates, mcx silver tips