Equity Trading Tips for 24 November 2014

ECONOMY ANALYSIS
 Nifty, Sensex end at record closing highs; banks sizzle
 Cipla soars 4%; BoAML ups target as PAT to jump five-fold
 YES Bank climbs 4%, RBI allows FIIs to buy shares
 Cipla ties up with Serum Inst to market vaccines in Europe
 Gammon India rises 4.4%, may sell subsidiary
 Dow, S&P 500 end at records after US data, Intel outlook

MARKET ANALYSIS
 The S&P BSE Sensex moved higher for second session and ended at
     record closing high led by gains in banks, capital goods and FMCG
     sectors.
 The 30-share index ended at record closing high of 28,321.41, up 253.85
     points or 0.90 per cent. It touched an all-time high of 28,360.66 and a low
     of 28,038.40 in trade today.
 The Nifty closed at record closing high of 8,477.35, up 75.45 points or
     0.90 per cent. It hit record high of 8,489.80 and a low of 8,398.60 in trade
     today.
 ICICI BankBSE 2.66 % (up 3.13 per cent), BHELBSE 3.00 % (up 3.12 per
     cent), SBI (up 2.74 per cent), Hindalco (up 2.53 per cent) and Axis
     BankBSE 2.17 % (up 2.15 per cent) were among the major Sensex gainers.
 Infosys (1.88 per cent), Tata PowerBSE -1.45 % (1.73 per cent), Sun
     Pharma (1.25 per cent), Hindustan UnileverBSE -0.92 % (0.93 per cent)
     and Tata SteelBSE -0.89 % (0.74 per cent) were among the major losers.
 The market breadth was negative on the BSE with 1367 gainers against
     1645 losers.

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