ECONOMY ANALYSIS
Bulls on rampage: Nifty ends at 8494, Sensex soars 729 pts
Don't try and time mkt; just keep buying: Raamdeo Agrawal
Bajaj Auto Q3 net profit falls 4.8% to Rs 861.2 cr
TCS Q3 profit seen up 4%, FY16 outlook key: CNBC-TV18 poll
UBI cuts base rate by 25 bps, says move will push credit
DB Corp Q3 profit rises 11% to Rs 105.2 cr, meets forecast
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.
Bulls on rampage: Nifty ends at 8494, Sensex soars 729 pts
Don't try and time mkt; just keep buying: Raamdeo Agrawal
Bajaj Auto Q3 net profit falls 4.8% to Rs 861.2 cr
TCS Q3 profit seen up 4%, FY16 outlook key: CNBC-TV18 poll
UBI cuts base rate by 25 bps, says move will push credit
DB Corp Q3 profit rises 11% to Rs 105.2 cr, meets forecast
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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