Monday, 22 December 2014

Equity Trading Tips for December 22, 2014

ECONOMY ANALYSIS
 Nifty ends above 8,200; tech, metals gain
 IT stocks gain after Accenture ups revenue outlook
 RBI deputy governors defend new refinancing norms
 Panacea Biotec gains 15% on strategic alliance with US firm
 Indian rupee opens higher at 63.05 a dollar
 Coal ministry releases approach paper for e-auction

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The Nifty extended gains for second straight session and closed above 8,200
    led by gains in technology, metals and Oil & gas sectors.
 The 50-share index ended at 8,225.20, up 65.90 points or 0.81 per cent. It
     touched a high of 8,263.45 and a low of 8,208.60 in trade today.
 The S&P BSE Sensex closed at 27,355.30, up 228.73 points or 0.84 per
     cent. It touched a high of 27,497.12 and a low of 27,292.14 in trade today.
 The S&P BSE Midcap Index was up 0.27 per cent and the S&P BSE
     Smallcap Index gained 0.44 per cent.
 Among the sectoral indices, the S&P IT Index surged 1.99 per cent, the
     S&P BSE Metal Index was 1.78 per cent higher and the S&P BSE Oil &
     gas Index gained 1.44 per cent.
 The S&P BSE Auto Index was down 0.12 per cent and the S&P BSE
     FMCG Index slipped 1.24 per cent.
 The market breadth was positive on the NSE with 806 gainers against 712
     losers.



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