DAILY EQUITY REPORT 9 TH JANUARY 2014
INDIAN FACE
INDIAN EQUITY BENCHMARKS rose to mark their first daily gain this year, snapping a five-session losing streak led by Reliance Industries and IT major TCS, as well as exporters such as Tata Consultancy services rose on earnings optimism while Coal India surged on plans for an interim dividend, amid a range bound trading session.
Further, Shares of Infosys were trading down by at 3475
ahead of its third quarter earnings due for release on Friday.
Shares of public sector underrating (PSU) banks are in
demand, trading higher by up to 8% on hopes of interim
dividend.
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