Daily Equity Report By www.epicresearch.co - 04 JULY 2012

Daily Market * Indian equity markets up 0.18%. * Nifty up 9.35 pts and settle at 5287.95. * Sensex up 26.73 pts at 17425.71. * Bank Nifty up 70.25 pts at 10482.00. Global Market

Indore, India (prHWY.com) July 4, 2012 - Daily Market
* Indian equity markets up 0.18%.
* Nifty up 9.35 pts and settle at 5287.95.
* Sensex up 26.73 pts at 17425.71.
* Bank Nifty up 70.25 pts at 10482.00.
Global Market
* European markets were up with FTSE up by 16.34 pts at 5656.98, CAC up by 12.79 pts at 3252.99 and DAX up 44.26 pts at 6540.34
* Dow future up 4.00 pts at 12780.00.
* S&P/CS Composite-20 HPI y/y is 52.5M & previous 52.9M
Market Analysis
Share prices slipped into negative territory after remaining firm for most of Tuesday. The sentiment turned weak as India's crucial monsoon rain fell 31 per cent below average up to 2 July 2012.Shares of consumer goods, IT services and power sector companies shed value. At 3.30 pm, the 30-share BSE Sensex edged up 0.1 per cent or 19 points at 17,417 while the NSE Nifty inched up 8 points at 5287 after crossing the technically important 5,300-level.Consumer sector stocks fell sharply on Tuesday. Shares of Hindustan Unilever fell 1 per cent. ITC shares fell 0.9 per cent. Shares of IT services companies fell on Tuesday. TCS, the largest software services exporter, fell 1.5 per cent. Infosys shares ended flat. Infosys is expected to announce results on 12 July 2012.Shares of telecom firms were trading in the green earlier in the day in expectation of a favorable verdict. But as confusion took over, they shed some of their gains. Shares of Bharti Airtel were trading up 3.2 per cent, while Idea Cellular shares were also in the green gaining 4 per cent.Strong sales growth in June 2012 continued to push shares of Maruti Suzuki and Mahindra & Mahindra for a second straight day. The street is building expectations from a small diesel car from Maruti.At the same time, M&M has reported a strong demand for the newly launched XUV 500. Maruti Suzuki shares rose 0.7 per cent while M&M gained 0.6 per cent.Tata Motors and Bajaj Auto ended flat.

News you can use
* The Indian rupee strengthened over one percent against dollar above 55 mark on Tuesday, continuing its winning streak for fourth consecutive session
* SBI eyes 2 billion dollar bond offering ; hires Citi,UBS, four other Banks
* Reliance power could lose 55 million dollar bank guaranteein tariff dispute.
* The final reading of HSBC's China manufacturing Purchasing Managers' Index (PMI) for June dropped to 48.2 from 48.4 in May, according to the final result of a survey by HSBC released on Monday
Factors to watch:
* Rupee weakens to 55.90/$ on dollar demand
* India's crucial monsoon rain fell 31 per cent below average up to 2 July 2012.
* Low Bond yields expecting out of turn action by RBI?
* Tribunal rules against telcos in 3G roaming case
* Government Reign: Who will be the FM?
Epic Research is a leading financial services provider with presence in Indian and other global c0apital 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. Share Tips We provide services in equity, commodity and Forex market.
Our research is based around these services:


Stock Tips
Share Tips
Forex Tips
Commodity Tips
Stock Futures Tips
NCDEX Tips
MCX Tips

GET FREE TRIAL +91 731 664 2333

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

Tag Words: share tips, mcx tips, ncdex tips, stock features tips, commodity tips, stock tips, forex tips

Categories: Finance

Press Release Contact
137 Saify Nagar, Behind Punjab Sweets, Indore (M.P.),

Link To This Press Release:

URL HTML Code