Friday 26 December 2014

Daily Equity Report Of 29 DEC 2014

www.researchvia.com
ECONOMY ANALYSIS
  • Nifty ends at 8201; TCS & HDFC gainers, Maruti falls 1%
  • Essar Oil gains 4%, co to buy 74% stake in Vadinar Power
  • Va Tech up 5% on Philippines sewage treatment plant order
  • SpiceJet up 10% ahead of revival plan submission to govt
  • Idea, Vodafone to decide on VoIP service rates in January
 
MARKET ANALYSIS
  • The S&P BSE Sensex bounced back in green after falling 117 points earlier in trade on Friday, led by gains in HDFC, TCS, InfosysBSE 0.84 %, L&T and HDFC BankBSE 0.23 %.
  • Tracking the momentum, the 50-share Nifty index also managed to reclaim its crucial psychological level of 8200, supported by gains in banks, capital goods, pharma and IT stocks.
  • The 30-share index finally closed at 27,241.78 up 33 points or 0.12 percent. It touched a high of 27,370.63 and a low of 27,091.38 in trade today.
  • The Nifty ended at 8200.70 up 26.60 points or 0.33 percent. It touched a high of 8234.55 and a low of 8147.95 in trade today.
  • TCSBSE 0.98 % (up 1.16 percent), HDFC (up 0.99 percent), L&T (up 0.89 percent), Sun PharmaBSE 0.81 % (up 0.83 percent) and HindalcoBSE 0.83 % (up 0.83 percent) were among the major Sensex gainers.

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