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Epic Research Update : LARSEN AND TOUBRO Posted: 01 Mar 2014 02:02 AM PST Shares of India's No.1 engineering firm gained 5.4 percent this week, their third consecutive weekly gain. On Tuesday, The Economic Times reported that a Canadian pension fund may invest 20 billion rupees in L&T's infrastructure arm. Of the 48 analysts covering the stock, 34 have a 'buy' or equivalent ratin. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

Epic Research Update : DR. REDDY’S Posted: 01 Mar 2014 01:56 AM PST The drugmaker rose nearly 6.3 percent this week, making it to our list of the top Sensex performers. Shares in the company also touched their 52-week high of 2,939.80 rupees on Friday. "We remain positive on DRL given its increased R&D efforts for complex US pipeline (Injectables) and first mover advantage in bio-similars (amongst Indian peers)," HDFC Securities said in Feb. 12 research note. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

Epic Research Update : AXIS BANK Posted: 01 Mar 2014 01:53 AM PST Shares of the privately-run bank closed 6.4 percent higher, their second consecutive weekly gain. In February, the stock gained 13 percent while in 2014, the stock has so far lost 2.6 percent. Last year, the stock closed 4.2 percent lower. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

Epic Research Update : HINDALCO Posted: 01 Mar 2014 01:51 AM PST Shares in the aluminium and copper producer rose 7.5 percent this week even as the company's growth prospects remain limited thanks to a shortage of raw material and a tight balance sheet. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

Epic Research Update : BHEL Posted: 01 Mar 2014 01:45 AM PST The engineering and manufacturing company was the best Sensex performer this week with its shares surging 11.1 percent. However, the outlook for the public sector undertaking continues to be grim. "Given the strong competition (domestic as well as international), declining order book, and a weak capex cycle, we expect BHEL's margin and ROE (return on equity) to decline from the current levels," Angel Broking said in a research note dated Feb. 6. With Friday's close of 167.20 rupees, the stock has lost 20.4 percent from its 52-week high of 210 rupees hit on Feb. 28, 2013. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

Epic Research Update : Sensex, Nifty may continue to see higher levels next week Posted: 01 Mar 2014 01:41 AM PST The Sensex and the Nifty hit a 5-week high this week on sustained buying in frontline stocks. Foreign funds were instrumental in pushing the indices higher and have now net bought in the cash market for 10 straights days in a row. In fact, the Sensex has now risen for five straight days in a row. If it rallies another couple of hundred points, it's likely to breach a new record high. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

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Epic Research Update : Indian ADRs Posted: 28 Feb 2014 11:37 PM PST Indian ADRs saw selling pressure on Friday. Among technology stocks Wipro declined 2.68 percent to USD 13.80 per ADR while Infosys was unchanged at USD 61.67. In the banking space private sector lender ICICI Bank climbed 1.22 percent to USD 35.68, but its rival HDFC Bank was down 0.06 percent to USD 33.59. Among others commercial vehicle maker Tata Motors slipped 0.49 percent to USD 34.88 and healthcare company Dr Reddy's Labs dropped 3.61 percent to USD 45.90. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

अक्टूबर-दिसंबर तिमाही में जीडीपी (GDP) की विकास दर 4.7% Posted: 28 Feb 2014 11:37 PM PST केंद्रीय सांख्यिकीय संगठन (सीएसओ) ने देश के सकल घरेलू उत्पाद (जीडीपी) के ताजा आँकड़े जारी कर दिये हैं। कारोबारी साल 2013-14 की तीसरी तिमाही में देश की जीडीपी विकास दर घट कर 4.7% रही है, जबकि 2013-14 की दूसरी तिमाही में यह दर 4.8% दर्ज हुई थी। पिछले साल की समान अक्टूबर-दिसंबर तिमाही में यह 4.4% रही थी। इस दौरान मैन्युफैक्चरिंग क्षेत्र की विकास दर घट कर 1.9% रही है। माइनिंग क्षेत्र की विकास दर पिछली तिमाही के -0.4% के मुकाबले घट कर -1.6% रही है। कारोबारी साल 2013-14 की तीसरी तिमाही में कृषि क्षेत्र की विकास दर घटी है और यह पिछली तिमाही के 4.6% की तुलना में घट कर 3.6% रही है। इस दौरान कंस्ट्रक्शन क्षेत्र की दर घट कर 0.6% रही है, जबकि जुलाई-सितंबर 2013-14 में इसकी वृद्धि दर 4.3% रही थी। इस दौरान उद्योग क्षेत्र 5% की दर से बढ़ा है, जबकि पिछले साल की इसी तिमाही में यह 6% बढ़ा था। सेवा क्षेत्र में 7.6% की वृद्धि दर्ज की गयी है, जबकि पिछली तिमाही में यह 5.9% रही थी।

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Epic Research Update : US Markets Posted: 28 Feb 2014 11:31 PM PST The Nasdaq remained in negative territory for the session, and tech shares including Apple and Salesforce.com Inc were among the biggest drags on the S&P 500. The Dow Jones industrial average rose 49.06 points or 0.3 percent, to 16,321.71, while the S&P 500 gained 5.16 points or 0.28 percent, to 1,859.45, a record close. The S&P 500 hit an intraday record of 1,867.92. For more information call- 0731-6642300 or Visit- https://goo.gl/g55v85

Daily Equity Commodity Market News Letter Click Here To KNow Full Report On Market Posted: 28 Feb 2014 11:30 PM PST Asian equities were a mixed on Friday, despite overnight gains on Wall Street and as investors digested a raft of Japanese economic data. US stocks rose Thursday after Federal Reserve Chair Janet Yellen said the central bank would probably continue tapering its asset purchases while tracking data to figure how much recent softness in the economy is due to the weather Tips For Tomorrow  Click Here….. For Free Trial Click Here   This posting includes an audio/video/photo media file: Download Now

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