Daily Equity Report by www.epicresearch.co - 22th February 2013

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack a

Indore, India (prHWY.com) March 22, 2013 - Indian Market
* Indian equity markets were down 0.63%
* Nifty down by 35.55 pts and settle at
5658.75
* Sensex down by 91.32 pts at 18792.87
* Bank Nifty down by 16.50 pts at
11238.35
Global Market
* European markets were down with FTSE
down by 49.69 closed at 6383 ,CAC down
by 45.31 closed at 3784 and DAX down
by 70.82 closed at 7931.
* Dow future was down 4.00 closed at
14412.00
Market Analysis
* Key benchmark indices edged lower in chippy trade as European stocks dropped after the European Central Bank warned Cyprus that it will cut off emergency funding for Cyprus's troubled banks if Cyprus doesn't seal a bailout deal by Monday, 25 March 2013. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit their lowest level in more than 16 weeks. The market breadth, indicating the overall health of the market, was weak. The Sensex was provisionally down 115.23 points or 0.61%, off 313.33 points from the day's high and up 12.31 points from the day's low.
* Shares of telecom major Bharti Airtel jumped over 5% after the company on Wednesday, 20 March 2013, announced the launch of Airtel prepaid and postpaid 4G services in Chandigarh, Mohali and Panchkula in Punjab.
* The market edged higher in early trade on firm Asian stocks. Key benchmark indices reversed initial gains and hit their lowest level in almost 2-1/2 weeks in morning trade. Volatility ruled the roost as key benchmark indices regained positive zone in mid-morning trade. Key benchmark indices held firm in early afternoon trade. The Sensex extended gains to hit fresh intraday high in afternoon trade. Volatility ruled the roost as key benchmark indices reversed direction and slipped into the red in midafternoon trade as European stocks dropped after the European Central Bank warned that it will cut off emergency funding for Cyprus's troubled banks if Cyprus doesn't seal a bailout deal by Monday, 25 March 2013. The market extended losses to hit fresh intraday low in late trade
HEADLINE
Why has govt trimmed size of SAIL
share offer?
* Manappuram Q4 loss seen Rs 50 cr on
Rs 250 cr loan default
*Correction over, mkt awaits trigger; buy
CIL: Macquarie
* ITC's cigarette volumes may fall 3-4% in
FY14: StanChart
STOCKS TO WATCH
* IDBI
* RELIANCE CAPITAL
* INFOSYS
* ICICI BANK
SCRIPS IN BAN PERIOD
* PUNJLLYOD
* HDIL
* RENUKA
FACTORS TO WATCH
NIFTY
* Nifty looks Bearish
* Strategy: Sell on rise
* Support: 5600
* Resistance: 5700
BANK NIFTY
* Bank Nifty looks Bearish
* Strategy: Sell on rise
* Support: 11180
* Resistance: 11300
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. We provide services in equity, commodity and Forex market.

Our research is based around these services:
Equity Tips
Commodity Tips
Best stock Analysis
Mcx Tips Free Trial
Share tips
Share Market Live
Crude Oil price

GET FREE TRIAL +91 731 6642300

Or mail us here: info@epicresearch.co Or visit our site that is http://www.epicresearch.co/
or
http://www.epicresearch.co/images/past_performance/DAILY-EQUITY-REPORT.pdf
###

Tag Words: crude oil price, cpmmodity tips, equity tips, share market live, nifty futures tips, best stock analysis, mcx tips free trial, share tips

Categories: Business

Press Release Contact
411,milond manor

Link To This Press Release:

URL HTML Code