Friday, 20 March 2015

Equity Trading Tips for March 20, 2015

ECONOMY ANALYSIS
 Sensex falls 150 pts, Nifty breaks 8700; banks, RIL drag
 Fed bows to market's more dovish view of soaring dollar
 Franklin eyes doubling its AUM to Rs 1,20,000 cr in 5 yrs
 Realty stocks rise; Maha govt ups premium on additional FSI
 Govt open to extending first half of Budget session
 Oil prices surge as Fed stays cautious on rates

http://www.researchvia.com/free-trials/
MARKET ANALYSIS
 The 30-stock Sensex ended the day in the red after rallying over 300 points
      in intraday trade on hopes that US Federal Reserve would not go for a rate
      hike soon.
 The Nifty extended losses for second straight session and closed near
      support of 8,600.
 The US Federal Reserve took a dovish stand on interest rates and said the
      action will be data driven. According to analysts, the hike may happen in
      June or may get delayed to September as well.
 Most of the Asian markets ended in the green zone, except for Japan's
     Nikkei, which closed the day below its crucial 19,500-mark.
 The Sensex ended the day at 28,469.67; down 152.45 points.
 The broader 50-share Nifty closed the session at 8,634.65; down 51.25
      points.
 Top gainers on sensex: Gail, Ntpc, , Ongc and Tata steel (0.9%)
 Top losers on sensex: axis bank , Bhel, Sbi, Ril and Icici bank (-1.7%)



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