DAILY EQUITY REPORT 8 TH JANUARY 2014
INDIAN FACE
INDIAN EQUITY BENCHMARKS closed in the negative territory for the fifth consecutive day as FIIs turned sellers over the last one week. This comes in the wake of weak economic data and
emerging political uncertainties. Also, weak Asian cues
compounded the negative sentiment.
Further, Financial Tech was locked in upper circuit of 10% at
Rs 271, also its highest level since August, with no sellers are
seen on the counter in otherwise weak market.
Shares of Tata steel were trading down as after considering an
increase in the prices of its products in the January-March
(Q4) of the 2014 financial year.
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