Friday, 28 November 2014

DAILY MARKET ANALYSIS FOR 28/11/2014

ECONOMY ANALYSIS
 Nifty ends flat on F&O expiry day, gains 4% in Nov series
 JP Assoc falls 2.5%: ED reportedly probes money-laundering
 8K Miles Software surges 10%, co acquires SERJ Solutions
 Monsanto up 2.7% after govt says no ban on GM field trials
 Cos garner Rs 7000 cr via NCDs in first 8 months of FY15
 Block deal: Crompton promoter sells 8.5% stake: stk down 5%

http://www.researchvia.com/free-trials/

MARKET ANALYSIS
 Equity benchmarks gained marginal strength in late trade with the Nifty
     closing tad below the 8500-mark on Thursday, the expiry day for
     November series derivative contracts. Overall the market remained quiet
     for the second consecutive session today. The 50-share NSE Nifty climbed
     18.45 points to 8494.20 and the 30-share BSE Sensex rose 52.72 points to
     close at 28438.91.
 he broader markets outperformed benchmarks throughout the session. The
     BSE Midcap and Smallcap indices gained 0.5 percent each. For the
     November series, the Sensex and the Nifty rallied 4 percent each while the
     CNX Midcap Index was up 5 percent and BSE Small Cap Index climbed 4
     percent. Bank Nifty surged 7.5 percent while BSE Auto, Capital Goods,
     FMCG, Pharma, IT and Realty were up 3-8.5 percent while Metals fell 2.8
     percent.
 The market clocked the second highest ever (total) turnover of Rs 10.1
     lakh crore on expiry day.



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