Stock Specific news:
Steel companies set to raise product prices on increased input costs
Monsanto India hits two-year high
MCX scouts for new anchor investor
Muthoot Finance Rs 500 cr NCD issue open till January 27
Crude palm oil down 0.2% on weak global cues
Sesa Sterlite, Adani Power gain on coal supply hopes
UPL in focus ahead of board meeting on share buyback
Swaraj Engines hits new high
MCX falls after board asks promoter FTIL to cut stake as per FMC order
Gitanjali Gems zooms over 50% in one week.
The reduced availability of cash in the global financial system could temper the flow of foreign money into India, which has been one of the biggest beneficiaries of foreign capital. The US Federal Reserve said after a two-day monetary policy review on 18 December 2013 that it will cut its monthly bond purchases to $75 billion from $85 billion starting in January 2014 amid an improved outlook for the job market in the world’s largest economy. The US central bank is poised to continue winding down its stimulus measures gradually in 2014. NSE’s INDIA VIX, was down 1.47% level, at 14.66. Amongest the Indices CNX SMALLCAP was up 0.02% closed at 3,393.35.
Key benchmark indices edged higher, with market sentiment boosted by data showing that foreign funds remained net buyers of Indian stocks on Thursday, 26 December 2013. Gains in Asian and European stocks also boosted sentiment on the domestic bourses as the barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit their highest level in more than two weeks. The Sensex was provisionally up 115.63 points or 0.55%, off close to 45 points from the day's high and up about 75 points from the day's low. The market breadth, indicating the overall health of the market, was positive.
The total turnover on BSE amounted to Rs 1820 crore, lower than Rs 1941.19 crore on Thursday, 26 December 2013. The market breadth, indicating the overall health of the market, was positive. On BSE, 1,383 shares gained and 1,171 shares fell. A total of 150 shares were unchanged. Among the 30-share Sensex pack, 18 stocks gained and rest of them declined.

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