RESEARCH VIA EQUITY REPORT FOR 23 DEC 2013

                                                   DAILY MARKET ANALYSIS
ECONOMY ANALYSIS
 Sebi issues show-cause notice against FTIL
 Will Bala's exit hamper Murthy's revival plan for Infosys?
 Gas price hike may up output to 100 mcm by 2016-17: ONGC 
 Govt can't tell companies on how to spend CSR money: Pilot 
 M&M to rev up expansion of multi-brand car service business 
 Don't see immediate revenue impact from Quark deal

MARKET ANALYSIS
 Fears over the US Fed's decision to taper its easy money initiative of $85 billion by $10 billion seem to have come to naught.

 After an over 150-point loss in yesterday's trading, Sensex today closed shop 371 points higher at 21,079.72.

 The gains were largely attributed to buying in the half hour of trade.

 The current all-time closing high for Sensex is 21,326.42; hit on December 9, 2013.

 The all-time intraday high is 21,483.74; which the index hit the same day, that is December 9.

 The 30-share index today touched a high of 21,117.99 and a low of 20,745.94, led by gains in oil & gas, realty, technology and auto stocks. The Nifty ended at 6,274.25, up 107.60 points or 1.74 per cent. It touched a high of 6,275.95 and a low of 6,170.35 in trade today. 

0 comments:

Post a Comment