Equity Trading Tips for August 08, 2014

ECONOMY ANALYSIS
 Sensex closes 76 pts down; Nifty a tad below 7650
 Bharti Infratel tanks 6%, 4.5cr offer for sale issue opens
 India Cements Q1 cuts loss to Rs 3 cr, OPM up 360 bps QoQ
 Bharti Airtel to complete sale of Africa towers biz soon
 Sensex, Nifty slip amid volatility; Hindalco, Sesa fall 1%
 RCom receives Rs 650cr from promoter group

MARKET ANALYSIS
 The S&P BSE Sensex plunged as much as 139 points in a flip-flop trade
     on Thursday, led by losses in Infosys, Tata Motors, Hindalco, TCSBSE -
     1.56 % and HDFC.
 Tracking the momentum, the 50-share Nifty index was also ended below
     its crucial psychological support level of 7650, weighed down by losses in
     capital goods, IT, consumer durable and realty stocks.
 The 30-share index closed at 25589.01 down 76.26 points or 0.30 per cent.
      It touched intraday high of 25,748.05 and a low of 25,526.05 in trade
      today.
 The Nifty ended at 7649.25, up 22.80 points or 0.30 per cent. It touched an
     intraday high of 7,708.95 and a low of 7,630.40 in trade today.

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