Equity Trading Tips & Market Updates as on 08 july, 2015

ECONOMY ANALYSIS

• Nifty ends above 8500, Sensex in red;  Wipro, Sbi, Coal India attain
•  Jet Air,Asian Paints, Ceat up 3
• 10% on crude prices drop
• Warburg Pincus eyes stake in L & T Finance, stocks up 9%
• IRB Infra up 3%; bags order value Rs 2,650 cr
• Nikkei ends at 20,384 as investors buy on dips
• Gold dips below $1,170 despite Greece crisis  

MARKET ANALYSIS

• Snapping a three-day winning streak, the BSE barometer Sensex closed lower as client  turned aware  ahead of an emergency meeting of euro sector finance ministers in Brussels later in the day.
• The 30 pack index settled the day 37.07 points, or 0.13 %, down at 28,171.69, thank selling seen in index heavy weights such as Reliance Industries, ITC , L &Tand TCS. 21 of the 30 Sensex stocks closed the day in red.
• Coal India was the High gainer, up over 2 %t. Vedanta and NTPC were the high losers, down about 3 % each.
• The 50 stock Nifty fell 11.35 points, or 0.13 % to ended at 8,510.8 above the psychological mark of 8,500. The index hit 8,550 level  through the session.
• Earlier in the day, Asian markets shut shop on a varied note. Chinese mainland index Shanghai Composite settled 1.3 % lower after PremierLi  Keqiang said China has the ability to allot with economic  venture, but did not specifically mention the country's embattled stock market. Kospi, South Korea's , Hong Kong's Heng Seng settled 0.51 % lower