Friday, 22 August 2014

Today Equity Trading Tips for August 22, 2014

ECONOMY ANALYSIS
 Sensex ends on flat note; Nifty below 7,900 levels
 RBI nips 'unofficial' NBFC margin funding; sets new rules
 Zee Entertainment rises 4% on inclusion in CNX Nifty again
 CMC, Sterlite Tech up 5% on Modi's Digital India programme
 GAIL told to cut gas from non-priority sectors
 Govt plans to stop RIL from selling crude to Jamnagar


MARKET ANALYSIS
 The S&P BSE Sensex pared most of its intraday gains to end on a flat note on
     Wednesday. The rally of about 150 points in intraday trade was led by gains in
     SBI, L&T, ICICI Bank, Tata Steel and RIL.
 Tracking the momentum, the 50-share Nifty index also closed below its
     crucial psychological level of 7900, weighed down by losses in metal, IT,
     pharma and realty stocks.
 The BSE Sensex closed 0.17 per cent higher or 45.82 points at 26,360.11. It
     hit a low of 26,262.52 and a high of 26,464.80 in trade today.
 The 50-share Nifty index ended 0.20 per cent higher or 15.80 points at
     7,891.10. It hit a low of 7,855.95 and a high of 7,919.65 in trade today.


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