RESEARCH VIA INTRADAY EQUITY REPORT FOR 29 APRIL 2014

[reena sharma]

MARKET ANALYSIS

• After a sluggish trade, the market ended on a flat note as Ukraine crisis looms large once again. The Sensex ended down 56.46 points at 22631.61, and the Nifty close at 6761.25, down 21.50 points. 

• About 1424 shares advanced, 1327 shares declined, and 147 shares were unchanged. Midcap and pharmas outperformed when most stocks struggled to be in green today. 

• Cipla, Sun Pharma and Dr Reddy’s Labs were up 2-3 percent each. Wipro and SBI were other gainers in the Sensex. Among the laggards were GAIL, BHEL, Hero Motocorp, Tata Motors and L&T.

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