DAILY MARKET ANALYSIS
ECONOMY ANALYSIS
Starbucks to pay $2.76 bn in Kraft grocery rift
Jet Airways soars 7% as CCI clears Etihad deal
See 10% rev growth, 8.5-9% EBITDA margins for FY14: NCC
M&M Q2 PAT seen down 5% to Rs 860 cr, margin may expand
India must make best use of technology, says Ambani
Apple vs Microsoft: The battle for the office heats up
Tapering is 'watershed moment' for Southeast Asia: HSBC
MARKET ANALYSIS
The benchmark SENSEX today slipped by around 88 points, extending its string losses to the seventh session in a row, hit by fears of intrest rate hikes by the RBI to contol rising inflation.
A weak show by Asian Stocks and lower opening in EUROPE after reports said fed officials gave mixed signals on Tuesday amid speculation that the US Central Bank would start reducing stimulus next month, further influenced the domestic trend.
After market close yesterday, industrial output showed subdued growth whilw retail inflation continued to persist at discomforting double-digit levels, raising the possibility of RBI hiking repo rate next month, maker analysts said.
MAJOR INDICES
INDIAN MARKETS
INDEX CLOSE CHANGE % CHANGE
SENSEX 20194.40 -87.51 -0.43
NIFTY 5989.60 -28.45 -0.47
BANK NIFTY 10523.35 -59.70 -0.56
ECONOMY ANALYSIS
Starbucks to pay $2.76 bn in Kraft grocery rift
Jet Airways soars 7% as CCI clears Etihad deal
See 10% rev growth, 8.5-9% EBITDA margins for FY14: NCC
M&M Q2 PAT seen down 5% to Rs 860 cr, margin may expand
India must make best use of technology, says Ambani
Apple vs Microsoft: The battle for the office heats up
Tapering is 'watershed moment' for Southeast Asia: HSBC
MARKET ANALYSIS
The benchmark SENSEX today slipped by around 88 points, extending its string losses to the seventh session in a row, hit by fears of intrest rate hikes by the RBI to contol rising inflation.
A weak show by Asian Stocks and lower opening in EUROPE after reports said fed officials gave mixed signals on Tuesday amid speculation that the US Central Bank would start reducing stimulus next month, further influenced the domestic trend.
After market close yesterday, industrial output showed subdued growth whilw retail inflation continued to persist at discomforting double-digit levels, raising the possibility of RBI hiking repo rate next month, maker analysts said.
MAJOR INDICES
INDIAN MARKETS
INDEX CLOSE CHANGE % CHANGE
SENSEX 20194.40 -87.51 -0.43
NIFTY 5989.60 -28.45 -0.47
BANK NIFTY 10523.35 -59.70 -0.56
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