ECONOMY ANALYSIS - EQUITY TIPS
- Sensex, Nifty terminate in red; Tata Motors falls 4 percents SBI drags
- IPL verdict: Meiyappan, Kundra suspended for life 6
- this June WPI at -2.4 percents, Iran deal to aid; this Aug rate-cut doubtful
- Yields credible to head downs; Re obtain on oil price: DBS Bk
- IIFL up 20 percents, Fairfax to buy 26 percents stake in co via unlocked offer
- Zee Entertainment Q1 net seen flat, match cost to dent border.
MARKET ANALYSIS
- The S &P BSE Sensex closedof the day lows 0.10 % , or 28.29 spot at 27,932.90 points.
- The broader 50-share Nifty ended of the session 0.07% , or 5.55 spot goes down at 8454.10 spot.
- 14 of the 30 Sensex stocks ended the day in green.
- Data appearance a fall in wholesale price inflation failed to lift view as the markets largely trail muted global drift. The June WPI inflation stood at minus 2.4 per cent as equalised to the minus 2.25 % expect by an ET poll.
- Oil stocks hogged the aatentions today with ABAN Offshore rallying over 18 % and MRPL surging alonge side 9 % after Iran reached a longstanding nuclear alocatted with six other world powers, as annoced by Reuters.
- Most of Asian markets closed on a varied note. China's Shanghai Composite ended the day in red, 1.16 % or, 45.90 spot down at 3,924.49. Hong Kong's Hang Seng slipped 103.1 spot, or 0.41 % to settle at 25,120.91, whereas Japan's Nikkei ended the session in green,1.47%or 295.56 points up at 20,385.33. nomictimes.indiatimes.com/articleshow/48
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