Thursday, 4 December 2014

Equity Trading Tips for 04 December 2014

ECONOMY ANALYSIS Sensex ends flat; CNX Midcap Index at record closing high
 Pratibha tanks 5.1% after CRISIL downgrades credit rating
 Nov services activity grows at fastest pace in 5 months
 Sebi's new ODI rules may not be a dampener for fund flows
 China HSBC services PMI edges up to 53 in November
 Rel Cap, Bajaj Finserv, Max soar 4-8% on FDI insurance hope

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 Even though the S&P BSE Sensex moved in a narrow range throughout
     the trading session on Wednesday, but over 200 stocks managed to hit
     their fresh 52-week highs on the exchange.
 The S&P BSE Sensex closed 1.3 points lower at 28442.71. It hit a low of
     28370.73 and a high of 28504.65 in trade today.
 The action was seen more in realty, power, banking and banking sector as
     217 stocks rose to their fresh 52-week high on the BSE with small and
    midcap stocks stealing the limelight.
 The stocks which rose to fresh 52-week highs include names like Axis
     BankBSE 1.35 %, Yes Bank, ICICI BankBSE 1.27 %, HUL, United
     Spirits etc.
 The BSE Mid-cap index closed 1.39 per cent higher at 10,499.86 with as
     much as 27 stocks hitting fresh 52-week highs, which include names like
     MRF, EIH, Bajaj Corp, Godrej Properties, ING Vysya Bank, Pfizer,
     Raymond, Tata ChemicalsBSE 1.90 % etc.



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