Wednesday, 18 February 2015

Equity Trading Tips for Feb 18, 2015

ECONOMY ANALYSIS
 Sensex, Nifty end flat; bank, oil & pharma stocks drag
 Jan WPI at -0.39, Nov data revised to -0.17%
 Sun Pharma slips 3% on Q3 miss but Credit Suisse bets on it
 Dishman Pharma sees Rs 100 cr debt reduction in FY16
 Greece, confident as EU meeting looms, sticks to no-austerity
     pledge

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The Nifty pared intraday gains and closed on a flat note led as banks came
     under selling pressure after a sharp upmove in the past few sessions.
     According to analysts, if profit booking intensifies in banks in coming
     sessions then the Nifty may slip to 8,750 levels.
 The 50-share index ended at 8,809.35, up 3.85 points or 0.01 per cent. It
     touched a high of 8,870.10 and a low of 8,793.40 in trade today.
 The S&P BSE Sensex closed at 29,135.88, up 40.95 points or 0.13 per cent.
     It touched a high of 29,325.35 and a low of 29,083.40 in trade today.
 ITC (up 3.11 per cent), NMDC (up 2.42 per cent), Bharti Airtel (up 1.97
     per cent), TCS (up 1.69 per cent) and HDFC (up 1.58 per cent) were among
     the top Nifty gainers.
 Sun Pharma (2.83 per cent), Axis Bank (1.82 per cent), Kotak Bank (1.70
     per cent), ICICI Bank (1.74 per cent) and IndusInd Bank (1.79 per cent)
     were among the index losers.
 The market breadth was negative on the NSE with 661 gainers against 831
     losers.


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