Saturday, 19 July 2014

Equity Trading Tips for July 21, 2014

ECONOMY ANALYSIS
 Sensex up 80 pts, Nifty ends flat; Hero, TCS gains 3%
 Zee Entertainment Q1 net falls 6%, OPM beats estimates
 Pantaloons jumps 4% ahead of board meet today
 Wipro gains 3% on strategic alliance with Canada's ATCO
 Reliance Power Q1 profit may jump 14% to Rs 273 cr: Poll
 Sebi finalises draft norms for Infra Investment Trusts


MARKET ANALYSIS
 The rally has been fierce with foreign institutional investors (FIIs)
     infusing nearly $23 billion in the Indian markets so far in 2014, mainly
     betting on the reform agenda by the new government.
 Well, the Budget did outline the roadmap for achieving higher growth, but
     that will come in the next 3-4 years. Looking to pull the economy from its
     dire straits
 Well, the Budget did outline the roadmap for achieving higher growth, but
     that will come in the next 3-4 years. Looking to pull the economy from its
     dire straits, Finance Minister Arun Jaitley in his maiden Budget speech
     said, "We are aiming for a 7-8% GDP growth in 3-4 years."
 The whole issue is that the market's expectations were too high from the
     government and the policy action from government is going to be more
     like a Test match rather than a T-20 that the stock markets have been
     expecting," said Rahul Chadha, Co-Chief Investment Officer, Mirae Asset
     Global Investments.



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