WEEKLY EQUITY MARKET REPORT-16 TO 21 FEBRUARY 2015

Nifty Futures Tips

INDIAN BENCHMARKS indices registered impressive gains in the week, February 13, 2015, with barometer index, the S&P BSE Sensex, regaining the psychological 29,000 level. The Sensex gained in four out of five trading sessions. S&P BSE Mid-Cap and S&P BSE Small-Cap indices, both, outperformed the Sensex.

Further, The capital goods grew at 4.1%
while improve in consumers durables compared to previous month (0.7% Vs -4.6% YoY).January 2015 CPI inflation came in 5.11% Vs 4.28% in December 2014 (as per change in base year from 2009-10 to 2011-12), lower than market estimated range of 5.3%- 5.8%.

The INDIAN BENCHMARKS advanced
377.02 points or 1.31% to settle at 29,094.93. The 50-unit CNX Nifty rose 144.45 points or 1.66% to settle at 8,805.50.

GLOBAL MARKET CHASE


ASIAN STOCKS on news of a ceasefire accord in Ukraine, while Sweden's surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk appetite.

U.S. STOCKS futures poised for a higher opening at the Wall Street on Friday.

EUROPEAN STOCKS
rose in early trading with robust growth figures from Germany sending the country's blue-chip DAX index to a record high.

WEEK AHEAD

In the coming week, domestic and global macro economic data, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement of rupee against the dollar and crude oil price movement will dictate trend on the bourses.

The stock market remains closed on Tuesday, 17 February 2015, on account of Mahashivratri.

On the macro front, the government will unveil data on inflation based on the wholesale price index for January 2015 at 12.10 noon on Monday, 16 February 2015. Euro Zone finance ministers will meet on Monday, 16 February 2015, to discuss Greece's debt crisis. A standoff between Greece and its European creditors on Greece's bailout program eased somewhat after.

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