NiveshDaily (Economy Update, Sharon Bio-Medicine, Bharti & Mastek)

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 Company Updates
Sharon Bio-Medicine Ltd. | Rating and stock price under review

Bharti Africa Sold another 1100 Tower to IHS | Maintain SELL rating on Bharti. Our previous
target of Rs.405 in already achieved

Mastek Ltd…announced the merger of COVR & Way for NYSE listing | we arrived at the
target price of Rs.554/share (v/s Rs.550 previous TP) with BUY rating

 Economy Update
WPI Inflation 0.0% in November 2014 helped by decrease in fuel prices

Trade deficit at 18 months high as it widens to US $ 16.9 bn in November 2014; higher
imports of gold continues to remain main cause of concern

 Global Markets - Outlook

LINK
http://www.indianivesh.in/Admin/Upload/635544879209630000_NiveshDaily%20-%2016%20December%202014.pdf