Tuesday, 27 May 2014

RESEARCH VIA EQUITY REPORT 27 MAY 2014

ECONOMY ANALYSIS
 Nifty ends in red, Sensex flat; BHEL falls 6% , M&M gains 8%
 BEL, BEML, BHEL, L&T up 5-17% as Modi may retain Defence
 Sun Pharma, Ranbaxy rally 4-5% as HC lifts stay order
 GAIL Q4 PAT seen up 6.5% to Rs 1420 cr: Poll
 NTPC gains over 4% on coal mining plans in J'khand
 Lanco Infratech tanks 10% as Q4 results disappoints


MARKET ANALYSIS
 The S&P BSE Sensex witnessed wild swings in trade today. After rallying
     480 points intraday, it fell 260 points in the red before closing on a flat-to-
     positive note.
 Traders, who made quick gains in the election rally, booked profits ahead
     of the end of May series, say analysts. Sharp selling was seen in broader
     markets which had a strong run-up as investors shifted focus on midcaps.
 The Sensex ended at 24,716.88, up 23.53 points or 0.10 per cent. It hit a
     high of 25,175.22 and a low of 24,433.90 in trade today.
 The 50-share Nifty closed at 7,361.20, down 5.90 points or 0.08 per cent.
     It hit a high of 7,504 and a low of 7,269.05 in trade today.
 BHELBSE -4.79 % (5.89 per cent), GAILBSE -3.64 % (4.22 per cent),
     Tata PowerBSE -4.11 % (3.92 per cent), NTPCBSE -2.49 % (3.34 per
     cent) and HindalcoBSE -3.19 % (3.29 per cent) were the major index
     losers.
 The market breadth was negative on the BSE with 1372 gainers against
     1647 losers.

 

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