DAILY MARKET ANALYSIS ON NIFTY 27 MARCH 2014

ECONOMY ANALYSIS
 Nifty closes above 6600, F&O expiry eyed; Sesa surges 4%
 Ambit sticks to IT despite fall; says no exposure to banks
 LG launches 4G enabled G2 Smartphone
 Nifty ends above 6600 ahead of F&O expiry; TCS down 2%
 Oberoi Realty rises 18% on buying Tata Steel's 25-acre land
 Mkt rally priced in; wary of beta, cyclicals: Ridham Desai 
 Fed taper, China growth & geopolitical woes biggest risks to EMs: Roubini
 Rupee's 8-month peak sentiment driven, watch out: Jamal Mecklai

MARKET ANALYSIS
 NEW DELHI: Sensex and Nifty are making fresh life highs almost every other day, and this seems to have become the new trend on D-Street.

 Today, Sensex recorded a fresh intraday high of 22,172; and also record closing high of 22,095.30. 

 The 30-stock index gained 40.09 points, or 0.18%.Nifty also saw record closing high, ending the day at 6,601.40; up 11.65 points, or 0.18%.

 Nifty also saw record closing high, ending the day at 6,601.40; up 11.65 points, or 0.18%.BSE Metal, BSE Cap Goods, BSE Oil & Gas were top sectoral gainers in today's trade.

 Top gainers on the Nifty were SesaBSE 4.23 % Sterlite, HindalcoBSE 3.77 %, JSPL, IDFCBSE 2.91 % and BoB.Sahara stocks were in action as the Supreme Court set a condition of depositing Rs 10,000 crore for granting bail to Subrata Roy.

 Big losers in the pack were Tata Consultancy ServicesBSE -2.21 %, down 2.21%; and InfosysBSE -0.21 %, down 0.21%.

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