DAILY EQUITY REPORT -3 JANUARY 2014
INDIAN FACE
INDIAN EQUITY BENCHMARK slipped for the second
consecutive day with the benchmark indices losing over 1%
each in the second half of the trading session as profit booking
emerged at higher levels. It drops on weak PMI. The PMI was
down at 50.7 points in December from 51.3 in the previous
month.
Further, Pratibha Industries was up 6% to Rs 28.65 after the
company has secured construction orders aggregating to Rs
590 crore.
Canara Bank has raised Rs. 5 billion by allotting 18.25 million
equity shares on preferential basis to the government of India.
INDIAN EQUITY BENCHMARK slipped for the second
consecutive day with the benchmark indices losing over 1%
each in the second half of the trading session as profit booking
emerged at higher levels. It drops on weak PMI. The PMI was
down at 50.7 points in December from 51.3 in the previous
month.
Further, Pratibha Industries was up 6% to Rs 28.65 after the
company has secured construction orders aggregating to Rs
590 crore.
Canara Bank has raised Rs. 5 billion by allotting 18.25 million
equity shares on preferential basis to the government of India.
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