ECONOMY ANALYSIS
Sensex ends down, Nifty below 8300; HUL soars 5%, ITC falls
Yes Bank Q3 profit jumps 30% on higher other income, NII
Dec WPI inflation picks up mildly to 0.11%
Global telecom cos looking to enter Indian market: KPMG
Jet Airways slumps 6%, investors wary of Goyal's move
LIC Housing Finance Q3 profit rises 5.3% to Rs 344 cr
MARKET ANALYSIS
The S&P BSE Sensex closed 78.91 points lower on Wednesday, led by
losses in ITC, ICICI Bank, Sesa Sterlite and Hindalco
The index managed to bounce back after falling as much as 222 points in
trade, after the government reported Wholesale Price Index (WPI) inflation
data for the month of December which rose marginally to 0.11% versus 0%
in November.
Earlier this week CPI inflation moved up marginally to 5 percent in
December as prices of some food items, including fruits and vegetables,
increased.
Tracking the momentum, the 50-share Nifty index also managed to bounce
back from its intraday low, but closed below its crucial psychological level
of 8300.
The 30-share index closed at 27346.82, down 78 points or 0.29 per cent. It
touched a high of 27512.80 and a low of 27203.25 in trade today.
Sensex ends down, Nifty below 8300; HUL soars 5%, ITC falls
Yes Bank Q3 profit jumps 30% on higher other income, NII
Dec WPI inflation picks up mildly to 0.11%
Global telecom cos looking to enter Indian market: KPMG
Jet Airways slumps 6%, investors wary of Goyal's move
LIC Housing Finance Q3 profit rises 5.3% to Rs 344 cr
MARKET ANALYSIS
The S&P BSE Sensex closed 78.91 points lower on Wednesday, led by
losses in ITC, ICICI Bank, Sesa Sterlite and Hindalco
The index managed to bounce back after falling as much as 222 points in
trade, after the government reported Wholesale Price Index (WPI) inflation
data for the month of December which rose marginally to 0.11% versus 0%
in November.
Earlier this week CPI inflation moved up marginally to 5 percent in
December as prices of some food items, including fruits and vegetables,
increased.
Tracking the momentum, the 50-share Nifty index also managed to bounce
back from its intraday low, but closed below its crucial psychological level
of 8300.
The 30-share index closed at 27346.82, down 78 points or 0.29 per cent. It
touched a high of 27512.80 and a low of 27203.25 in trade today.
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