Friday, 13 June 2014

Equity Trading Tips for June 13,2014

ECONOMY ANALYSIS
 Sensex ends over 100 points up; pharma, tech, auto gain
 Jubilant Life rises 7%, ups vitamin B3 product price
 See May headline CPI around 8.6%; April IIP at 1.9%: Kotak
 Industry players welcome proposal to amend Factories Act
 Future Group plans more divestments to pare debt: Biyani
 Telecom services revenue rises to Rs 57,378 cr in Q4


MARKET ANALYSIS
 The S&P BSE Sensex ended a range-bound session over 100 points up led
     by gains in healthcare, auto and IT sectors. According to analysts, the
     market may consolidate as inflows from institutional investors are drying
     up. The market is likely to take cues from IIP and CPI data for direction in
     the near term.
 The 30-share index ended at 25,576.21, up 102.32 points or 0.40 per cent.
     It touched intraday high of 25,611.32 and a low of 25,409.69 in trade
     today.
 The Nifty closed at 7,651.35, up 24.50 points or 0.32 per cent. It touched
     intraday high of 7,658 and a low of 7,593.80 in trade today.
 HindalcoBSE 3.78 % (up 3.72 per cent), Sun Pharmaceuticals (up 2.86 per
     cent), HDFC (up 2.56 per cent), HDFC BankBSE 2.37 % (up 2.43 per
     cent) and Maruti (up 1.97 per cent) were among the major Sensex gainers.
 Bharti AirtelBSE -3.57 % (3.92 per cent), Axis BankBSE -1.90 % (1.97
     per cent), Coal IndiaBSE -2.31 % (1.72 per cent), BHELBSE -1.17 %
     (0.77 per cent) and InfosysBSE -0.38 % (0.64 per cent) were among the
     top index losers.



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