Thursday, 22 January 2015

23rd January 2015 Analysis on Equity


MARKET ANALYSIS 
The market ended at fresh record closing high on Thursday, gaining for the sixth consecutive session ahead of European Central Bank meeting outcome later in the day.
The 30-share BSE Sensex closed above 29000 for the first time, up 117.16 points at 29006.02 while the 50-share NSE Nifty rose 31.90 points to 8761.40.
The broader markets ended on a flat note amid consolidation. Globally, markets gained strength ahead of the European Central Bank meet outcome. 

Equity TipsECONOMY ANALYSIS

 Sensex ends above 29000, Nifty holds 8750 ahead of ECB meet outcome.
 Suzlon sells German arm Senvion for euro 1 bn; to cut debt.
 Dish TV Q3 net loss reduces to Rs 2.8 cr on strong EBITDA.
 Cairn India Q3 profit seen down 40% at Rs 1625 cr: Poll.

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