Tuesday, 1 April 2014

Equity Trading Tips for April 01,2014


ECONOMY ANALYSIS
  • ONGC falls 3%, ITC & Tata Power drag; Nifty, Sensex ends flat
  • India an absolute star among EMs: Credit Suisse
  • Suzlon Energy up 15% on fund raising & debt trimming plans
  • Avonmore Capital & Management Services: Outcome of board meeting
  • GMR Energy plans to raise Rs 1,450 via its maiden IPO
  • Technology the backbone of world's best airport
  • RCom may partially exit foreign unit: Globalcom CEO
  • Suzlon Energy up 15% on fund raising & debt trimming plans
MARKET ANALYSIS
  • MUMBAI: The markets didn't make much gains today, but they did hit new highs. The Sensex closed the day at 22,386.27; up 46.30 points, or 0.21%. It is the new closing high for the 30-stock index. The broader 50-share Nifty ended the day at 6,704.20; up 8.30 points, or 0.12%.
  • The Sensex made a fresh intraday high of 22,467; while the Nifty hit 6,730. BSE midcap index closed the dat at 7,082.86; up 72.57 points, or 1.04%. The smallcap index closed at 7,071.96; up 72.90 points, or 1.04%.
  • BSE midcap index closed the dat at 7,082.86; up 72.57 points, or 1.04%. The smallcap index closed at 7,071.96; up 72.90 points, or 1.04%.
  • BSE IT index made a smart recovery towards the end of the session after trading in the red through the day. The index closed the day at 8,789.38; up 14.97 points, or 0.17%.
  • FIIs were net buyers worth $1,728 million in Indian equities between March 21 and March 27. With this, their net investments for March stand at $3.3 billion. Their net inflows into Indian shares for 2013 crossed $20 billion versus $24 billion in 2012.
MAJOR INDICES
INDIAN MARKET

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