Saturday, 27 December 2014

DAILY MARKET ANALYSIS 29/12/2014

ECONOMY ANALYSIS
 Nifty ends at 8201; TCS & HDFC gainers, Maruti falls 1%
 Essar Oil gains 4%, co to buy 74% stake in Vadinar Power
 RINL IPO deferred as co still assessing damages due to Hudhud
 Va Tech up 5% on Philippines sewage treatment plant order
 SpiceJet up 10% ahead of revival plan submission to govt
 Idea, Vodafone to decide on VoIP service rates in January

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The S&P BSE Sensex bounced back in green after falling 117 points earlier
     in trade on Friday, led by gains in HDFC, TCS, InfosysBSE 0.84 %, L&T
     and HDFC BankBSE 0.23 %.
 Tracking the momentum, the 50-share Nifty index also managed to reclaim
     its crucial psychological level of 8200, supported by gains in banks, capital
     goods, pharma and IT stocks.
 The 30-share index finally closed at 27,241.78 up 33 points or 0.12 per cent.
     It touched a high of 27,370.63 and a low of 27,091.38 in trade today.
 The Nifty ended at 8200.70 up 26.60 points or 0.33 per cent. It touched a
     high of 8234.55 and a low of 8147.95 in trade today.
 TCSBSE 0.98 % (up 1.16 per cent), HDFC (up 0.99 per cent), L&T (up
     0.89 per cent), Sun PharmaBSE 0.81 % (up 0.83 per cent) and HindalcoBSE
     0.83 % (up 0.83 per cent) were among the major Sensex gainers.
 The market breadth was positive on the NSE with 776 gainers against 728
     losers.



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