EQUITY TRADING TIPS FOR 30 NOVEMBER 2015

ECONOMY ANALYSIS
 'Govt spending more imp to revive growth than GST Bill'
 

 Sensex rallies 200 points, Nifty50 above 7,900
 

 Expect a 50% growth in loan book this year: SKS Micro
 

 Oil imports rising despite plans to up domestic output: IEA
 

 Sale of road assets to generate Rs 200-220cr: NCC
 

 HSBC India to shut down its private banking business

MARKET ANALYSIS
 The December series got off to a strong start even as global markets jittered on shockwaves from China. The Nifty reconquered the 7900 mark, marking a two-week high for the index. The 50-share index was up 58.90 points or 0.7 percent at 7942.70. The Sensex ended up 169.57 points or 0.6 percent at 26128.20.
 

 Weakness in the Chinese market is on back of weak industrial production data and a lot of investigations and arrests (in the securities market) over the past few weeks, says ShaunRein, managing director, China Market Research Group. This is leading to panic selling, but the market will bounce back soon considering the underlying economy is fine, he says.
 

 Next week will be crucial for macro- economic cues as the gross domestic product (GDP) data will be released and the central bank will also release its monetary policy on the December 1. The street is not expecting any Christmas goodies from Raghuram Rajan.
 

SKS Microfinance expects a 50 percent growth in its loan book this financial year, the company's President, Dilli Raj tells CNBC-TV18 in an exclusive interview.

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