Thursday, 8 January 2015

9th January 2015 Equity Market Analysis

www.researchvia.com

ECONOMY ANALYSIS
  • Sensex rallies over 360 points in pull-back rally
  • Qatar Airways keen to invest in IndiGo if 49% stake offered

MARKET ANALYSIS
  • The S&P BSE Sensex surged in a technical pull-back rally after the recent sharp correction and closed over 360 points up led by gains in banks, FMCG, auto and metals.
  • The 30-share index closed at 27,274.71, up 365.89 points or 1.36 percent. It touched a high of 27,316.41 and a low of 27,101.94 in trade today.
  • The Nifty ended at 8,234.60, up 132.50 points or 1.64 percent. It touched a high of 8,243.50 and a low of 8,167.30 in trade today.
  • The market breadth was positive on the BSE with 2029 gainers against 844 losers.

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