ECONOMY ANALYSIS
- Nifty, Sensex end flat while broader mkt gains; sugar, logistics sizzle
- FTIL rises 7% as it decides to sell Mauritius-based bourse
- Sugar stocks rally on exports subsidy hopes
- Govt seeks suggestion on draft Mines & Mineral Bill
- Commodity slump threatens return to junk for top EM nations
MARKET ANALYSIS
- Blue-chips stocks drifted sideways Tuesday but most midcap and small caps continued their winning streaked and outperformed their large cap counterparts by a wide margin
- It was a choppy session that saw both Sensex and Nifty close flat with a negative bias after hitting fresh intra-day record levels in early trades. While banking and engineering stocks such as HDFC Bank, Larsen & Toubro cushioned the Nifty, defensive tech and pharma stocks such as TCS, Infosys and Sun Pharma dragged the benchmark back to where it closed yesterday.
- The BSE Sensex closed at 28,163 down 0.05 percent and the Nifty closed 0.06 percent lower at 8,426 levels.
- Foreign portfolio investors (FPIs) bought local shares worth Rs 656.37 crore yesterday, 17 November 2014, as per provisional data.
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