Thursday 19 February 2015

20/02/2015 DAILY MARKET ANALYSIS ON EQUITY

ECONOMY ANALYSIS
  • Nifty ends tad below 8900, Sensex up 142 pts; metals shine
  • FII inflows continue for 9th consecutive quarter: BoAML
  • ECB raises emergency funding cap to Greek banks to 68.3 billion euros: Source
  • Expect govt to carve Rs 60-70k cr for infra push: Ajay Bodke
  • 8 things Budget can do to lift demand for housing: SBI econ
MARKET ANALYSIS
  • The S&P BSE Sensex extended its winning streak for the seventh straight trading session on Thursday. The 30-pack index bounced back in the last hour of trade to settle higher. Losses in banks, FMCG and healthcare stocks were offset by gains in the stocks of metals, capital goods and IT sectors.
  • The 50-share index ended at 8,896.80, up 27.70 points or 0.31 per cent. It touched a high of 8,913.45 and a low of 8,794.45 in trade today.
  • The S&P BSE Sensex closed at 29,462.27, up 142.01 points or 0.48 percent. It touched a high of 29,522.86 and a low of 29,108.15 in trade today.
  • Jindal SteelBSE 25.59 % (up 28.61 percent), Sesa Sterlite (up 7.12 per cent), L&T (up 2.77 percent), Hindalco (up 2.67 percent) and M&M (up 2.43 percent) were among the top Nifty gainers.
  • Grasim (2.52 percent), Bank of BarodaBSE -2.51 % (2.29 percent), Tech MahindraBSE -2.13 % (2.15 percent), Ambuja Cement (2.07 percent) and ACC (2.07 percent) were among the index losers.
  • The market breadth was negative on the NSE with 479 gainers against 534 losers.

No comments:

Post a Comment

Twitter Bird