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Tuesday, 29 April 2014

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Despite of strong rupee and good European cues and profits taking sessions , the market fell 0.7 per cent .Sensex closed at 22,466 down 165 points and the Nifty fell 46 points to close at 6715 . Midcap stocks fell nearly 0.5 per cent .

Metal shares slipped by 2.7 per cent . Bank , Power , Auto , FMCG , capital goods shares broken by 1.25 to 0.75 per cent . Realty , oil & gas , tech stocks also fell . IT and healthcare stocks were sluggish . Consumer durables stocks rose slightly.
 
Jindal Steel 's net profit in the fourth quarter of fiscal 2014 declined 47 per cent to Rs 402.5 crore . Jindal Steel Rolled down 9 per cent .

Sesa Sterlite's net profit in the fourth quarter of fiscal 2014 reduced by 13.2 percent to Rs 1621.6 crore . Sesa Sterlite dropped 2 percent .

Tata Steel , HUL , Tata Power , Hindalco , Bajaj Auto , SBI , IndusInd Bank , Kotak Mahindra Bank broken 5-2 per cent .

Dabur's profit in the fourth quarter of fiscal year 2014 increased by 17.3 per cent to Rs 235.3 crore . Dabur was slipped 1.25 per cent

IFCI 's net profit in the fourth quarter of fiscal 2014 increased 13.5 per cent to Rs 170.3 crore . IFCI fell 1.25 per cent .

European markets are trading with firmly. DAX rose by 1 per cent . FTSE and CAC are 0.6 and 0.4 percent stronger.

Asian markets shows mixed up businesses . Hang Seng , Shanghai Composite and Taiwan index rose from 1.5 to 0.7 per cent . However , Straits Times and Kospi fell. Nikkei closed today .

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