6th January 2015 Equity Market Daily Report

ECONOMY ANALYSIS

• Sensex, Nifty end down; Bharti falls 3%, IT stocks drag
• Micromax plans up to $500 million IPO
• UK's Bupa to increase stake in Max Bupa to 49% from 26%
• Oil prices hits fresh 5-1/2-year lows; Brent below $56
• DoCoMo files request to sell $1 bn Tata Tele stake

MARKET ANALYSIS

• The S&P BSE Sensex ended rangebound session in the negative note and brought an end to its six-day winning streak. Gains in auto and capital goods were offset by losses in technology, banks and healthcare sectors.

• The 30-share index ended at 27,842.32, down 45.58 points or 0.16 percent. It touched a high of 28,064.49 and a low of 27,786.85 in trade today.

• The Nifty ended at 8,376.95, down 18.50 points or 0.22 percent. It touched a high of 8,445.60 and a low of 8,363.90 in trade today.

• The market breadth was positive on the BSE with 1,568 gainers against 1,398 losers.

• Maruti (up 2.68 percent), Tata MotorsBSE 2.42 % (up 2.46 percent), L&T (up 1.65 percent), Tata SteelBSE 1.42 % (up 1.57 percent) and ONGCBSE 1.15 % (up 1.09 percent) were among the major Sensex gainers.

• Bharti AirtelBSE -2.10 % (2.63 percent), Dr Reddy's Laboratories (2.34 percent), Hindalco (1.81 percent), HDFC (1.60 percent) and Coal India (1.43 percent) were the among the Sensex losers.