Wednesday, 14 August 2013

Intraday Share Tips for Friday 16 Aug 2013

ECONOMY ANALYSIS:
 Veerappa Moily hints at 1 time diesel price hike
 5% price hike soon, H2 looks good: Speciality Restaurants
 WPI inflation accelerates to 5.79% in July
 Escorts soars 20% on strong volume & margin growth in Q1
 No takers for Polaris's services biz: Sources
 Eurozone may exit from recession yet give little to cheer about

MARKET ANALYSIS:
 The Nifty extended its winning streak for the fourth consecutive session and closed at intermediate resistance level of 5,750, even as the WPI inflation rose to 5-month high. The July WPI inflation rose to 5.79 per cent in July.
 The 50-share index ended at 5,750.70, up 51.40 points or 0.90 per cent. It touched a high of 5,754.55 and a low of 5,690.20 in trade today.
 The S&P BSE Sensex ended at 19,382.14, up 152.30 points or 0.79 per cent. It touched a high of 19,392.56 and a low of 19,203.63 in trade today.
 The S&P BSE Capital goods Index was down 0.84 per cent, the S&P BSE IT Index was 0.26 per cent lower and the S&P BSE Healthcare Index slipped 0.06 per cent.

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1 comment:

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