Get Equity News of 15th January 2015

ECONOMY ANALYSIS

• Sensex ends down, Nifty below 8300; HUL soars 5%, ITC falls

• Yes Bank Q3 profit jumps 30% on higher other income, NII

• Dec WPI inflation picks up mildly to 0.11%

• Jet Airways slumps 6%, investors wary of Goyal's move

• LIC Housing Finance Q3 profit rises 5.3% to Rs 344 cr

MARKET ANALYSIS

• The S&P BSE Sensex closed 78.91 points lower on Wednesday, led by losses in ITC, ICICI Bank, Sesa Sterlite and Hindalco

• The index managed to bounce back after falling as much as 222 points in trade, after the government reported Wholesale Price Index (WPI) inflation data for the month of December which rose marginally to 0.11% versus 0% in November.

• Earlier this week CPI inflation moved up marginally to 5 percent in December as prices of some food items, including fruits and vegetables, increased.

• Tracking the momentum, the 50-share Nifty index also managed to bounce back from its intraday low, but closed below its crucial psychological level of 8300.

• The 30-share index closed at 27346.82, down 78 points or 0.29 per cent. It touched a high of 27512.80 and a low of 27203.25 in trade today.