Thursday 18 December 2014

Market Analysis Equity Report

www.researchvia.com
ECONOMY ANALYSIS
  • Sensex gains over 416 pts, Nifty ends at 8159; BHEL up 5%.
  • Transformers & Rectifiers up 16%, in pact with Japanese co.
  • L&T up 2%, arm gets investments from Canada Pension Board.
  • Rupee weakness modest, see yields at 7.60% in Q1: Deutsche.

MARKET ANALYSIS
  • The S&P BSE Sensex snapped its five-day fall and rose as much as 470 points in trade on Thursday to reclaim its crucial psychological level of 27000, led by gains in ICICI BankBSE 3.82 %, InfosysBSE 1.33 %, ITCBSE 0.81 %, State Bank of IndiaBSE 1.66 % and Tata Motors LtdBSE 1.94 %.
  • The 30-share index finally closed at 27126.57, up 416.44 points or 1.56 percent. It touched a high of 27,180.92 and a low of 26,900.57 in trade today.
  • The Nifty ended at 8159.30, up 129.50 points or 1.61 percent. It touched a high of 8,174.30 and a low of 8,084. 90 in trade today.

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