RESEARCH VIA DAILY MARKET ANALYSIS OF NIFTY 04 JAN 2014

ECONOMY ANALYSIS

 Gillette Oct-Dec net declines 40.96% to Rs 11.04 cr
 Hold HCL Technologies; target of Rs 1525: Way2Wealth
 Lupin Q3 net at record high, co buys Netherlands' Nanomi
 Price cut to help boost demand for CNG, PNG: GAIL
 Zee Ent Q3 net up 10.5%, advertising revenues jump 34%
 Price cut to help boost demand for CNG, PNG: GAIL
 See credit growth in rural markets: Shriram Transport Fin

MARKET ANALYSIS

 The benchmark Sensex tanked about 305 points to its lowest close in over 10 weeks today on across-the-board selling in bluechips, amid weak global cues and worries after the US Federal Reserve's stimulus cut.

 The Sensex dropped 304.59 points, or 1.48 per cent to end at 20,209.26, the weakest level since 20,217.39 on November 22, 2013. This was the sixth drop in seven sessions.

 InfosysBSE -1.91 %, ICICI BankBSE -2.51 % and Tata MotorsBSE -3.79 % led the 25 losers in the 30-share Sensex today. The biggest laggards were HindalcoBSE -5.48 % and Tata SteelBSE -3.58 %. Sun PharmaBSE 1.22 %, Dr Reddy's and CiplaBSE 0.44 % gained.

 The 50-share NSE index Nifty intra-day dipped below 6,000 level. It ended at 6,001.80, down 87.70 points, or 1.44 per cent.

 On Friday, it gained 15.60 points while in the previous 5 days the index plunged 875.41 points. 

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