31st Dec 2014 Equity Report

 

 ECONOMY ANALYSIS

 

 Sensex, Nifty end flat; oil stocks drag, SBI & BHEL up 1-2%

 Rupee unlikely to hit 70/$; see calibrated fall: Federal Bk
 Arm restructuring to reduce debt to below Rs 5000 cr: JSL
 Eyeing Rs 600-700 cr for entire stake in CARE: IDBI Bank

 

MARKET ANALYSIS

 The S&P BSE Sensex ended a choppy session on a flat-to-positive note as
investors kept positions light ahead of New Year holiday.
 

 The 30-share index ended at 27,403.54, up 7.81 points or 0.03 percent. It
touched a high of 27,478.30 and a low of 27,312.29 in trade today.
 

 The Nifty ended at 8,248.25, up 1.95 points or 0.02 percent. It touched a
high of 8,268.25 and a low of 8,220.55 in trade today.
 

 BHEL (up 1.51 percent), NTPC (up 1.25 percent), DRL (up 1.24 percent),
Axis Bank (up 0.99 percent) and SBI (up 0.78 percent) were among the
major Sensex gainers.
 

 Hero MotoCorp (2.09 percent), Tata Steel (1.94 percent), Reliance (1.83
percent), ONGC (1.46 percent) and Bajaj Auto (1.36 percent) were the
among the Sensex losers.
 

 The market breadth was positive on the BSE with 1452 gainers against 1414
losers.