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Equity Research Report: Religare Morning Digest

We reiterate our view that investors should uphold buy on dips approach while traders should maintain cautious approach as we generally see stocks in Midcap and Smallcap space decline sharply during such corrective moves.
10 Dec 2014 | 07:00 AM

Corporate News: 

HCL Technologies announced that it has signed an agreement with Washington Gas to modernize its customer service.

JSW Steel said that its crude steel production rose 3% to 11.07 lakh tonnes in November 2014 over November 2013.

Domestic passenger car sales increased 9.52 per cent to 1,56,445 units in November compared with 1,42,849 units in the year-ago month. Motorcycle sales had declined 3.05 per cent to 8,53,254 units last month from 8,80,078 units a year earlier, according to SIAM.

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