RESEARCH VIA DAILY MARKET ANALYSIS ON NIFTY REPORT 30 JAN 2014

ECONOMY ANALYSIS

 ICICI Bank slips 2%, ITC & Reliance weak; Sensex loses
 Bharti Airtel Q3 net up 4.5%, hit by tax provision
 Fed may taper QE by $10bn in today's FOMC meet: JPMorgan
 ICICI Bank Q3 profit grows 13% on higher NII, other income
 FDI in India grew 17% to $28 bn in 2013: UNCTAD
 Heineken makes offer to up United Breweries stake
 Rajan guidance does not rule out rate hikes: Morgan Stanley

MARKET ANALYSIS
 The S&P BSE Sensex gave up intraday gains and slipped in the negative territory as profit-booking picked up in metals, banks and realty sector stocks.

 At 03:00 p.m.; the 30-share index was at 20,640.06, down 43.45 points, or 0.21 per cent. It touched a high of 20,828.68 and a low of 20,622.69 in trade today.

 The Nifty was at 6,116.75, down 9.50 points, or 0.16 per cent. It touched a high of 6,170.45 and a low of 6,113.90 in trade today.

 The S&P BSE Midcap Index was up 0.17 per cent and the S&P BSE Smallcap Index edged 0.06 per cent lower.

 Among sectoral indices, the S&P BSE Metal Index was down 1.50 per cent, the S&P BSE Bankex was 0.90 per cent lower and the S&P BSE Realty Index declined 0.68 per cent.

 Sesa Sterlite (3.23 per cent), Tata Steel (2.59 per cent), Hindalco (2.41 per cent), ICICI Bank (1.70 per cent) and Tata Motors (1.47 per cent) were among the major Sensex losers. 

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