Friday, 6 February 2015

Equity Trading Tips for Feb 06, 2015

ECONOMY ANALYSIS
 Nifty ends at 8711, Sensex in red; IT gains, IOB tanks 10%
 IOB posts Q3 loss at Rs 516 cr; provisions spike, NII dips
 Jubilant Food Q3 net rises 4.2%, same-store-sales surprises
 Godrej Consumer beats forecast, Q3 net up 35% to Rs 263 cr
 Q3 toll revenue good; construction rev down YoY: IRB Infra
 Fix subsidy formula at $65/bbl for project completion: ONGC

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The Nifty extended losses for fifth straight session and closed at two-week
     low as Greece concerns hit global markets. The European markets fell after
     the European Central Bank stopped accepting Greece bonds.
 The 50-share index ended at 8,711.70, down 12 points or 0.14 per cent. It
     plunged after hitting an intraday high of 8,838.45. The index touched
     intraday low of 8,705.05 today.
 The S&P BSE Sensex closed at 28,850.97, down 32.14 points or 0.11 per
     cent. It swung 524.54 points from intraday high of 29,277.83 to slip to
     intraday low of 28,753.29 today.
 Tata Power (7.98 per cent), Sesa Sterlite (4.20 per cent), BHEL (3.44 per
     cent), ONGC (3.30 per cent) and M&M (2.71 per cent) were among the
     index losers.
 Wipro (up 3.34 per cent), Infosys (up 2.10 per cent), TCS (up 1.83 per
     cent), Axis Bank (up 1.69 per cent) and HDFC (up 1.11 per cent) were
     among the Sensex gainers.
 The market breadth was negative on the BSE with 1,017 gainers against
     1,886 losers.


No comments:

Post a Comment