Jet Airways Slumps to 6%

ECONOMY ANALYSIS

• Sensex closed downward, Nifty below 8300; HUL soars 5%, ITC falls down
• Yes Bank Q3 profit rise up 30% on higher other income, NII
• December WPI boost increased up mildly to 0.11%
• Global telecom cos looking to enter Indian market: KPMG
• Investors wary of Goyal's move Jet Airways slumps to 6%
• LIC Housing Finance Q3 profit increases 5.3% to Rs 344 cr

MARKET ANALYSIS

• S&P BSE Sensex ended 78.91 points lower on Wednesday, led by losses in ITC, ICICI Bank, Sesa Sterlite and Hindalco.
• Index managed to bounce back after falling as much as 222 points in trade, after the government reported Wholesale Price Index (WPI) boost data for the month of December which increased marginally to 0.11% versus 0% in November.
• Earlier this week CPI inflation raised upward marginally to 5 percent in December as prices of some food items, including fruits and vegetables, increased.
• The 30-share index ended at 27346.82, downward 78 points or 0.29 percent. It touched a max of 27512.80 and a low of 27203.25 in trade today.