EQUIRY MARKET ANALYSIS FOR 16/04/2013

ECONOMY ANALYSIS

Infosys shares rebound from steep fall on value buying

Wholesale inflation dips to 5.96% in March; a 40-month low
  
Jet Airways to dilute stake via OFS route: Sources

ONGC may find more oil in Mumbai's D1 block

Govt will sell $5.3bn in debt quotas to foreign investors

Banks extend gains on hopes of rate cut on May 3

MARKET ANALYSIS

The S&P BSE Sensex ended the first day of the week on a positive note on hopes of interest rate cut after March WPI inflation fell to a 3-year low of 5.96 per cent.

The 30-share index ended at 18,334.63, up 92.07 points or 0.50 per cent. It touched a high of 18,424.40 and a low of 18,144.22 in trade today.

The Nifty closed at 5,557.50, up 28.95 points or 0.52 per cent. It touched a high of 5,592.85 and a low of 5,500.30 in trade today.  

The S&P BSE Midcap Index was up 0.07 per cent and the S&P BSE Smallcap Index gained 0.37 per cent.


The S&P BSE Oil & Gas Index surged 2.45 per cent, the S&P BSE Bankex was up 0.98 per cent and the S&P BSE FMCG Index gained 0.83 per cent. The S&P BSE Metal Index was down 1.42 per cent and S&P BSE Auto Index was 1.06 per cent lower. 


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