Friday 25 July 2014

Today Equity Trading Tips for July 25,2014

ECONOMY ANALYSIS
 Sensex, Nifty at record closing high; steel gains, HUL up 2%
 Cairn falls 6%: Analysts still suggest to buy post Q1 nos
 TVS Motor Q1 misses estimates, profit up 39% to Rs 72.3 cr
 JP Power down 7%, TAQA annuls Rs 10500cr buyout transaction
 Ambuja Cements Q2 profit seen up 18% to Rs 384 cr: Poll
 Ipca Labs plunges 10%, temporarily suspends shipments to US


MARKET ANALYSIS
 The S&P BSE Sensex picked up momentum in afternoon trade on
     Thursday to hit fresh record highs of 26292.66, led by gains in metals,
     realty capital goods and power stocks.
 Tracking the momentum, the 50-share Nifty index also managed to hit a
     record a high of 7835.65, supported by gains in Tata SteelBSE 2.18 %,
     Bank of BarodaBSE 3.34 %, HindalcoBSE 2.30 %, SesaBSE 0.93 %
     Sterlite and IDFC.
 The BSE Sensex closed 137.02 points up at 26271.85.
 The 50-share Nifty index ended the trade 34.85 points up at 7830.60.



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