Research Via – STOCK TIPS AND INTRADAY EQUITY UPDATE FOR 8 OCT 2013

The Nifty pulled back over 86 points from day’s low and closed on a flat note even as the global markets remained weak on US debt ceiling concerns

ListFree.org (Press Release) - Tuesday, October 8th, 2013

ECONOMY ANALYSIS

NHPC generation to be lower in Q2; no decision on buyback
Food law to protect poor from price volatility: KV Thomas
Cabinet decision on Coal India FPO likely by December
Internet penetration to boost ecommerce businesses: Experts
Reliance Cement’s Madhya Pradesh unit to start this month
Have asked for Rs 4,000cr recap from government

MARKET ANALYSIS

The Nifty pulled back over 86 points from day’s low and closed on a flat note even as the global markets remained weak on US debt ceiling concerns
According to analysts, the market is showing resilience on the back of dollar inflows but the upside may be capped due to subdued earnings and macro economic issues.
Among the sectoral indices, the S&P BSE IT Index was up 1.21 per cent, the S&P BSE Metal Index gained 0.91 per cent and the S&P BSE Healthcare Index advanced 0.87 per cent.

Source: http://www.researchvia.com/stock-tips-and-intraday-equity-update-for-8-oct-2013/

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