Saturday, 24 January 2015

Equity Trading Tips for Jan 27, 2015

ECONOMY ANALYSIS
 Sensex up 273 pts, Nifty ends above 8800 for 1st time ever
 ENIL up 5%, govt to e-auction 135 channels of pvt FM radio
 Colgate Q3 profit rises 16% to Rs 131 cr on strong EBITDA
 Draghi announces 60 bn euro/month QE programme, keeps rate
     unchanged
 Ipca Labs hit by FDA ban on plant for standard violations

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The market rallied for the seventh consecutive session on Friday, spiking
     nearly 2000 points on the Sensex (in seven days). The Sensex today gained
     272.82 points or 0.94 percent at 29278.84 and the Nifty jumped 60.15
     points or 0.69 percent to 8821.55 on ECB stimulus.
 About 1140 shares have advanced, 1803 shares declined, and 253 shares are
     unchanged on the BSE. Tata Power saw huge buying interest in late trade,
     up nearly 7 percent.
 Tata Motors and Bharti Airtel rallied close to 4 percent. DLF spiked 5.5
     percent, and Cairn India jumped over 4 percent on rise in crude oil prices.
     Cipla, L&T, HDFC Bank, HUL, M&M and Sesa Sterlite gained 2-3 percent
     whereas PNB, GAIL, BHEL, HCL Technologies and ONGC were down 1-
     2.7 percent.
 Atul has registered a 17.6 percent drop in its third quarter net profit at Rs
     53.7 crore against Rs 65.2 crore in the same quarter last year. The stock lost
     5 percent.


No comments:

Post a Comment