Thursday, 19 February 2015

TODAY MARKET ANALYSIS UPDATES

ECONOMY ANALYSIS
 Nifty ends above 8850, Sensex up 184 pts; Hero Moto falls 5%
 Tata Motors up 2% despite weak JLR Jan sales; MS overweight
 BMW i8 hybrid electric super car launched in India at Rs 2.29
     crore
 Indian stocks not compelling; crude can jump 15-20%: Faber
 A 25% rise in defence output to create 1 lakh jobs: PM Modi

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The Nifty extended its winning streak for sixth straight session in a pull-
     back rally ahead of the Union Budget. Capital goods, IT and power led
     today's gains while oil & gas, metals and realty sectors showed resistance.
 The 30-share Sensex ended at 29,298.19, up 162.31 points or 0.56 per cent.
     It touched a high of 29,411.32 and a low of 29,126.91 in trade today.
 The 50-share index ended at 8,866.30, up 56.95 points or 0.65 per cent. It
     touched a high of 8,894.30 and a low of 8,808.90 in trade today.
 HDFC (up 2.74 per cent), ACC (up 2.72 per cent), HCL Tech (up 2.68 per
     cent), Tata PowerBSE 2.50 % (up 2.38 per cent) and TCS (up 2.14 per
     cent) were among the top Nifty gainers.
 Hero MotoCorpBSE -5.09 % (4.90 per cent), DLF (3.99 per cent), Sesa
     Sterlite (3.38 per cent), ONGC (2.36 per cent) and Bharti AirtelBSE -2.43
     % (2.31 per cent) were among the index losers.
 The market breadth was positive on the NSE with 893 gainers against 598
     losers.


No comments:

Post a Comment