Daily Equity Report by Money Maker Reseach
Return to: Finance News
Markets recouped early losses to end near day’s high, amid a rebound in European stocks, with stock specific action seen post the fourth quarter earnings. Further, recovery in global crude oil prices also aided sentiment. The Sensex ended up 328 points at 26,007 and the Nifty ended up 108 points at 7,963. Global crude oil prices were trading nearly 1% higher with Brent crude heading towards $45 a barrel while NYMEX crude was inching closer to $43 a barrel.
In a setback for steel importers and relief for steel makers, the Delhi High Court refused to stay the imposition of minimum import price on steel. The HC said the difference between the contracted amount and the MIP must be deposited with the customs office.
NASDAQ at CMP : 4,895.79 , Percent Change: -0.21
DJIA at CMP : 17,955.00 , Percent Change: 0.32
S&P at CMP : 2,087.00 , Percent Change: 0.16
HANG SENG at CMP : 21,407.27 , Percent Change: 0.48
INVESTMENTS IDEA By Money Maker Research :
BUY QUICKHEAL ABOVE 277.70 , TARGET : 280.40, 283.10, 285.80 ,STOPLOSS : 272.30
BUY HIMATSEIDE ABOVE 227 , TARGET : 229.20, 231.40, 233.60 , STOPLOSS : 222.60
SELL DELTACORP BELOW 84.50 , TARGET : 83.70, 82.90, 82.10, STOPLOSS : 8 …
Originally published at exactrelease.org.