RESEARCH VIA EQUITY 06/04/2015 DAILY MARKET ANALYSIS

MARKET ANALYSIS 

• The S&P BSE Sensex jumped 300 points on Wednesday to snap a three-week losing streak, led by gains in pharmaceutical stocks such as Sun Pharmaceutical Industries BSE 5.51 % and Ranbaxy Laboratories BSE 5.63 % ahead of the latter's merger with the former.
• The Sensex rallied 2.92 percent or 801.50 points for the week to post its biggest weekly gains since week ended January 23, Reuters reported. The 50-share Nifty index gained 2.94 percent or 244.85 points in the same period.
• The market will remain closed on Thursday, April 2, on account of Mahavir Jayanti and on Friday, April 3, for Good Friday.
• According to experts, the upcoming January-March earnings and Reserve Bank of India's policy review on April 7 would be the next key trigger for the market.
• The 30-share index closed at 28,260.14, up 302.65 points or 1.08 percent. It touched a high of 28,298.34 and a low of 27,889.02 in trade today.
• The Nifty ended at 8586.25 up 95.25 points or 1.12 percent. It touched a high of 8603.40 and a low of 8464.75 in trade today.