Daily Equity Report By www.epicresearch.co - 18 JULY 2012

Daily Equity Report by www.epicresearch.co - 18 JULY 2012 Daily Market * Indian equity markets down 0.27% * Nifty down 14.05 pts and settle at 5192.80 * Sensex was up 1.99 pts at 17105.30 * Bank Nifty down 17.40 pts at 10561.00

INDORE, India (prHWY.com) July 18, 2012 - Daily Equity Report by www.epicresearch.co - 18 JULY 2012

Daily Market
* Indian equity markets down 0.27%
* Nifty down 14.05 pts and settle at 5192.80
* Sensex was up 1.99 pts at 17105.30
* Bank Nifty down 17.40 pts at 10561.00
Global Market
* European markets were up with FTSE down by 19.08 pts at 5643.35, CAC up by13.98 pts at 3193.88 and DAX up 29.23pts at 6594.95
* Dow future up 47.00 pts at 12695.00
* USD Core CPI m/m is 0.2% and previous was 0.2%.
Market Analysis
The BSE Sensex made a strong opening but could not sustain its momentum and slipped into red at close dragged down by losses in Bajaj Auto, Tata Consultancy Services and BHEL. The 30-share BSE index ended at 17,086.39, down 16.92 points or 0.10 percent. It touched a high of 17,236.08 and a low of 17,074.63 today.
The 50-share NSE Nifty closed at 5,188.45, down 8.80 points or 0.17 percent. It touched a high of 5,236.70 and a low of 5,181.70 today. The BSE Midcap Index was 0.89 percent lower and the BSE Small cap Index fell 0.90 percent.
Among sectoral indices, the BSE Realty Index was down 1.47 percent, the BSE Auto Index slipped 1.41 percent, the BSE Power Index was 1.34 percent lower and the BSE Capital Goods Index declined 0.88 percent. The BSE FMCG Index moved up 1 percent and the BSE Healthcare Index was up 0.83 percent.
News you can use
* Q1 earnings: Blue chips lose up to 14% in listless quarter.
* Markets can drift lower by 5-10% from current levels: Stan Chart Securities.
* Non-inflationary growthdownat 7.5 per cent: Subbarao.
* RBI unlikely tocut rates in July policy review, say experts.
Factors to watch:
NIFTY
* Nifty looks range bound
* Strategy: Sell on rise
* Support: 5120
* Resistance: 5280

BANK NIFTY
* Bank Nifty looks bearish
* Strategy: Sell on rise
* Support: 10490
* Resistance: 10670
STOCKS TO WATCH
* HDFC
* COX&KING
* DRREDDY
* RPOWER
* ADANI ENTERPRISE
SCRIPS IN BAN PERIOD
* HDIL
* JET AIRWAYS
* SUZLON
* ALOK TEXT
* PUNJLLOYD
* ONMOBILE
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, stock features tips, ncdex 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