Friday, 18 July 2014

Equity Trading Tips for July 18,2014

ECONOMY ANALYSIS
 Sensex, Nifty end flat; Tata Power gains 4% on tariff hike
 Bajaj Auto Q1 net at Rs 740cr, operating profit margin weak
 M&M tanks 5% post block deal, stock goes ex-dividend
 Crompton Greaves up 17%, to demerge consumer product biz
 Adani Ports at life high; analysts upbeat on Mundra SEZ nod
 TCS Q1: Analysts see 11% fall in PAT, 5% $ revenue growth


MARKET ANALYSIS
 The S&P BSE Sensex ended Thursday trade on a flat note, weighed down
     by losses in ONGCBSE -0.61 %, M&M and ICICI BankBSE -0.71 %.
 Tracking the momentum, the 50-share Nifty index also came off from its
     intraday highs, but ended the trade above its crucial psychological support
     level of 7600.
 The Sensex ended at 25,561.16 up 11.44 points.The Nifty closed at
     7,640.45 up 16.44 points.However, the broader markets outperformed the
     benchmark indices. BSE midcap index advanced 1.3 per cent or 122
     points to 9,288 and the smallcap index gained 1.2 per cent or 120 points to
     10,177 levels.
 From, the BSE midcap pack 182 shares were advancing while 55 were
     declining and on the from smallcap pack 299 shares were advancing while
     142 declined.



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