RESEARCH VIA DAILY MARKET ANALYSIS ON NIFTY 22 JAN 2014

ECONOMY ANALYSIS
 Kotak Mahindra Bank Q3 disappoints, net dips 6% to Rs 340cr
 Unilever beats forecasts as emerging markets rebound
 Suzlon to list REpower on LSE this year: Sources
 Tarriff cut not in interest of sector: former MERC member
 ONGC, OIL have to pay same dividend as FY13: Fin Min
 New RBI rules to impact unorganised gold loan cos: Muthoot
 Asian Paints slips 3% as Q3 margins decline to 15.6%

MARKET ANALYSIS
 The BSE benchmark index Sensex rose further by 46 points on sustained buying by funds in blue chips led by banks ahead of the RBI monetary policy meet amid a firming global trend.

 The 30-share index, which had gained 142 points in the previous session, advanced by 46.07 points, or 0.22 per cent, to close at 21,251.12 points. It touched a day's high of 21,302.52 points.

 The broad-based National Stock Exchange index Nifty rose by 9.85 points, or 0.16 per cent, to 6,313.80 points.

 Brokers said market sentiment improved after government decided to sell stake in Hindustan Zinc which might narrow down budget deficit.

 Shares of Hindustan Zinc rose 0.15 per cent to Rs 135.20 after the Cabinet Committee on Economic Affairs approved the sale of the government's residual stake.

 A firming trend in global stock markets also influenced the market sentiment to some extent, they added. 

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