NIFTY OUTLOOK ~ Intraday Share market Updates for Monday 08 April 2013


ECONOMY ANALYSIS:

  • Government's $15bn Rafale deal may be delayed 
  • Adani Power set to commission 3rd unit in Tiroda in April
  • Shriram City picks banks for $182m share sale: Sources 
  • RB Infra founder Mhaiskar buys 2.7 lakh shares, stock up 
  • Hexaware hopes to get 19-20% EBITDA by 2013-end
  • Diageo's open offer for United Spirits shares to start April 10


MARKET ANALYSIS:

  • The S&P BSE Sensex extended losses for third straight day on Friday as sentiment turned bearish after institutional investors turned sellers. FMCG, capital goods, power and realty were among the major sectoral losers. 
  • The 30-share index ended at 18,426.14, down 83.56 points or 0.45 per cent. It touched a high of 18,525.45 and a low of 18,389.29 in trade today. 
  • The Nifty closed at 5,545, down 29.75 points or 0.53 per cent. It touched a high of 5,577.30 and a low of 5,534.70 in trade today. 
  • The S&P BSE Midcap Index edged 0.01 per cent lower and the S&P BSE Smallcap Index slipped 0.11 per cent. 
  • Among the sectoral indices, the S&P BSE FMCG Index fell 1.93 per cent, the S&P BSE Capital Goods Index was down 0.79 per cent, the S&P BSE Power Index was 0.76 per cent lower and the S&P BSE Realty Index slipped 0.41 per cent. The S&P BSE Oil & Gas Index was up 1.61 per cent, the S&P BSE Auto Index was up 0.59 per cent and the S&P BSE Metal Index advanced 0.16 per cent. 

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