Nifty Outlook ~ Intraday Stock Tips 4 Today 15 July 2013

ECONOMY ANALYSIS:

 Sensex at 6 week high, Nifty crosses 6K on Infosys 

 Indian cos raise Rs 35kcr via pvt placement of bonds in Jun 

 Expect total capacity to increase to 1.6mt by FY16: MOIL 

 Infosys jumps 15%, leaves FY14 $ rev guidance unchanged

 Subbarao says inflation still high; bond yields rise

 Macquarie cuts Maruti Suzuki to 'neutral'

MARKET ANALYSIS:

 The Nifty on Friday reclaimed the 6,000 level for the first time since June 3, 2013 and the Sensex rallied over 300 points closing at 1-1/2 month high on the back of sharp spike in index heavyweight Infosys. The narrowing down of trade deficit data in June also boosted sentiment.

 The 50-share Nifty index ended at 6,016.50, up 81.40 points or 1.37 per cent. It touched a high of 6,019 and a low of 5,951.15 in trade today.

 The S&P BSE Sensex was at 19,966.41, up 290.35 points or 1.48 per cent. It touched a high of 19,983.60 and a low of 19,785.59 in trade today.

 Index gained 1.93 per cent and the S&P BSE Healthcare Index was 1.16 per cent higher.

 Infosys (10.87 per cent), IDFC (3.45 per cent), L&T (3.07 per cent), TCS (2.93 per cent) and HCL Tech (2.78 per cent) were among the Nifty gainers.

 The market breadth was negative on the NSE with 536 gainers against 640 losers.