Equity Tips ~ Share Market Updates Today 02 Aug 2013

ECONOMY ANALYSIS:

 Sensex pares gains, ends 29 points lower; RIL, ONGC lead losses

 Financial Technologies wipes out over 64% of investors wealth

 Sebi begins probe into FTIL, MCX stock crash

 Bharti Airtel maintains FY14 capex guidance; says DTH biz strong 

 JSW Steel's Q1 net loss at RS 220cr on higher forex loss

MARKET ANALYSIS:

 The S&P BSE Sensex pared its intraday gains and provisionally ended 29 points lower on Thursday, led by losses in Reliance Industries, ONGC, ITC and M&M.

 The 30-share index was at 19,317.19, down 28.51 points or 0.15 per cent. It touched a high of 19,569.20 and a low of 19,170.46 in trade today.

 The Nifty closed at 5,727.85 down 14.15 points or 0.25 per cent. It touched a high of 5,808.50 and a low of 5,676.85 in trade today.

 The S&P BSE Midcap Index closed 1.7 per cent lower and BSE S&P Smallcap Index ended 1.3 per cent down.

 BHEL (4.8 per cent), M&M (4.4 per cent), Coal India (3.9 per cent), ONGC (3.6 per cent) and Hindalco (3 per cent) were among the major Sensex losers.

 HDFC Bank (3.6 per cent), HUL (3.3 per cent), HDFC (2.1 per cent), GAIL (1.1 per cent) and Jindal Steel (1 per cent) were among the index gainers.