MARKET SUMMARY FOR 20 MAY 2015

FUTURE:

“BUY TCS ABOVE 2570 TGT 2580 SL 2550”

“SELL WOCKPHARMA BELOW 1380 TGT 1350 SL 1350”

Nifty ends up 0.6%  at 8414, Sensex, which opened in the green on Wednesday,  Sensex up 192 pts on IT & bank support IT and bank stocks supported indices. Tata Power, TCS, and Wipro, HDFC Bank, RIL, Infosys, Hindustan Unilever, SBI, ICICI Bank, Sun Pharma, GAIL, Cipla, Bharti Airtel, Vedanta, NTPC, were top gainers in the Sensex. Among the losers were Bajaj Auto, Tata Steel, BHEL, Hindalco ,Axis Bank, Tata Motors, M&M, Dr Reddy's, Coal India, ONGC, and L&T. About 1362 shares advanced, 1336 shares declined, and 190 shares were unchanged.
TODAY RESULTS

Bharat Forge falls by 2.0%.and  Q4 net profit rises 71% to Rs 203 crore Total standalone income of the firm grew 32 % to Rs 1,223 crore in January March quarter of last fiscal from Rs 930 crore in the same quarter of 2013-14, it added. For the 2014-15 fiscal, the USD 2.5 billion Kalyani Group firm's standalone net profit jumped 80 percent to Rs 718  crore from Rs 399 crore in 2013-14. Its total standalone income rose 34 percent to Rs 4,548 crore from Rs 3,399 crore during the same period. On the performance front, Bharat Forge Operational performance during the year (FY15) was excellent, driven by productivity improvement, cost efficiency and sweating of assets.

Sectors	Change %	Top Gainer/losers Company
Finance	2.03 %	H D F C
IT - Software	1.93 %	Tech Mahindra
Cement	1.40 %	UltraTech Cem.
FMCG	1.28 %	Hind. Unilever
Refineries	0.95 %	Reliance Inds.
Power Generation & Distribution	0.94 %	Tata Power Co.
Non Ferrous Metals	-0.71 %	Hindalco Inds.
Automobile	-0.54 %	Bajaj Auto
Paints/Varnish	-0.46 %	Asian Paints
Pharmaceuticals	-0.22 %	Dr Reddy's Labs