Wednesday 20 August 2014

Daily Equity Trading Tips for August 20, 2014

ECONOMY ANALYSIS
 Sensex, Nifty at record closing high; HDFC twins, TCS fall
 Adani Ports up 3%, to expand DPCL's capacity by 75 MT
 Tata Motors domestic biz worth only Rs 20/share: Ambit
 ONGC divestment by Sept-Oct; govt may hire bankers in Aug
 Adani Group all set to expand Dhamra Port's capacity to 100 MT
 P-Notes investment drops to $34 billion in July


MARKET ANALYSIS
 The S&P BSE Sensex rallied 140 points to touch its fresh lifetime high of
     26,530.67 in trade on Tuesday. Tracking the momentum, as much as 244
     stocks rose to their fresh 52-week high on the Bombay Stock Exchange.
 The 50-share Nifty index also rose 44 points to touch its fresh record high of
     7918.55 and as much as 97 stocks rose to their fresh 52-week high on the
     National Stock Exchange, including names like ACCBSE 1.00 %, BPCLBSE
     3.93 %, CiplaBSE 0.89 %, Kotak, LupinBSE 1.33 %, M&M, Maruti and Tata
     Motors.
 The S&P BSE Sensex finally closed 29.71 points or 0.11 per cent higher at
     26420.67 to a fresh closing high. Following the momentum as much as 4
     stocks rose to their fresh 52-week high on the BSE Sensex, which includes
     names like Cipla, M&M, Maruti Suzuki and Tata Motors.
 The S&P BSE Midcap index closed 1.1 per cent higher and as much as 19
     stocks rose to their fresh record highs which include names like Whirlpool of
     India, Cox & Kings, Bharat Forge, Britannia Industries, Emami, PI Industries,
     Voltas, Birla Corporation etc.


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