Today Equity Trading Tips for August 14, 2014

ECONOMY ANALYSIS
 Petrol price to be cut by Rs 1.89-2.38/ litre on Friday
 Sahara files fresh plea, seeks extension of 15 working days
 Crompton Greaves sells Kanjurmarg land for Rs 1015 cr
 AirAsia India lowers fares, offers 20 pc discount
 IFCI to raise Rs 2,000 crore through bonds this fiscal
 GVK Power Q1 loss widens to Rs 281 cr on disposal of assets

MARKET ANALYSIS
 The BSE Sensex ended up 38 points after witnessing a flip-flop trade on Wednesday
     led by gains in ITC, HDFC, Sun PharmaBSE 2.09 %, Hindustan UnileverBSE 2.49
     % and TCS.
 Tracking the momentum, the 50-share index Nifty also managed to above its crucial
     psychological level of 7700, supported by gains in HCL Tech, BPCL, NTPC, Wipro
     and ITC.
 Tracking the momentum, the 50-share index Nifty also managed to above its crucial
     psychological level of 7700, supported by gains in HCL Tech, BPCL, NTPC, Wipro
     and ITC.
 CPI inflation in July has gone up to 9.36 per cent as compared to 8.05 per cent in
     June. The vegetable prices soared to 16.88 per cent as compared to 8.73 per cent in
     June.
 The Nifty ended at 7,739.55, up 12.50 points or 0.16 per cent. It touched intraday
     high of 7,757.10 and a low of 7,695.70 in trade today.

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