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Equity Research Report: Religare Morning Digest

Market Outlook for the day –Nifty is expected to remain volatile as derivatives expiry for the month of march will be held on Thursday, traders are advised to keep tight stop loss for their recently built long positions.
27 Mar 2014 | 07:00 AM

Highlights for Today

Market Outlook for the day Nifty is expected to remain volatile as derivatives expiry for the month of march will be held on Thursday, traders are advised to keep tight stop loss for their recently built long positions.

 

Corporate News:

Sintex Industries jumped 2.89% on BSE after the company said it has decided to disinvest its entire stake in its wholly-owned subsidiary, Zep Infratech, to Khadayata Decor.

Suven Life Sciences has received two product patents from the United States corresponding to NCEs for the treatment of disorders associated with Neurodegenerative diseases.

Educomp Solutions said the corporate debt restructuring empowered group has approved the firm's proposed debt restructuring scheme.

 

Market Roundup 

Key benchmark indices registered small gains after witnessing high volatility during the latter part of the trading session. After hitting record high in afternoon trade, the barometer index, the S&P BSE Sensex, and the CNX Nifty, both, slipped into the red in mid-afternoon trade. The two key benchmark indices regained positive zone later. The market breadth, indicating the overall health of the market was negative.

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