30.01.2014

©™ Daily Nifty View Spot Closed 6120.25, Sustaining Above 6175-6179 We May C 6206 / 6226 On Upside And Below 6065-6061 Sustaining Nifty We May C 6034 / 6008, Most Probably Nifty Spot Range 6063-6175. ©™

News of the day:

After hovering in green till mid-afternoon trade, the key benchmark indices suddenly slipped into the red in late trade. The market breadth, indicating the overall health of the market, turned negative from positive in late trade. The barometer index, the S&P BSE Sensex, hit its lowest closing level in more than six weeks. The 50-unit CNX Nifty registered its lowest closing level in almost nine weeks. The barometer index, the S&P BSE Sensex, lost 36.21 points or 0.18%, off 181.38 points from the day's high and up 33.68 points from the day's low. The market sentiment was hit adversely by data showing that foreign funds resorted to heavy selling of Indian stocks for the second day in a row on Tuesday, 28 January 2014.

Stock Specific news:

• India Infoline raises a Rs 750-cr realty fund.
• IOB Q3 net down 36% to Rs 75 cr.
• BHEL, 5 other PSUs to set up 4,000 MW solar plant in Raj.
• Godrej Properties Q3 net up 5% at Rs 37 cr.
• TVS Motor Q3 net up by 31% at Rs 69 cr.
• GVK BIO to acquire US-based Aragen Bioscience.
• ICICI Bank Q3 net up 13% at Rs 2,532 cr.
• Bharti Airtel Q3 net more than doubles, at Rs 610 crore.
• Gold down 0.7% on global cues.
• Silver down 0.6% on global cues, weak spot demand.

NSE STATS :

BSE STATS :

The market breadth, indicating the overall health of the market, turned negative from positive in late trade. On BSE, 1,391 shares declined and 1,212 shares gained. A total of 143 shares were unchanged.

The total turnover on BSE amounted to Rs 1769 crore, lower than Rs 2451 crore on Tuesday, 28 January 2014.