SlideShare a Scribd company logo
1 of 4
Download to read offline
WEEKLY NEWS
                                 Reliance asks govt to end logjam on KGD6
                                  capex plan

                                  Reliance Industries   has asked the oil ministry to break
                                  the logjam and approval for its KGD6 capex plans of
                                  USD 1.6 bn for FY12 and FY13.According to sources
                                  the government had verbally agreed to the capex plan
                                  on August 7 but still has to given written approval. The
                                  government wants to give approval once RIL agrees to
                                  the CAG undertaking a finance and performance audit.

                                 India Inc asks RBI to cut interest rate
 WEEKLY EQUITY                    Expressing disappointment over slow growth of the
  NEWSLETTER                      industrial production, India Inc today asked the Reserve
      TH
   15 OCTOBER 2012                Bank to cut interest rate at which the central bank lends
                                  to banks to help boost investments."The IIP figures are
                                  disappointing. What is of serious concern is the sharp
                                  drop in electricity production even as the manufacturing
                                  sector continues to stagnate due to faltering
 MARKET UPDATE:-                 investments," CII Director General Chandrajit
                                  Banerjee said in a statement.
    Nifty down 75 pts at

    5676.05                      Domestic aviation sector may see recovery in

                                  Q3: Report
    Bank Nifty down 142 pts
                                  The struggling domestic aviation sector is likely to see a
    at 11388.45                   recovery in the third quarter on the back of a stronger
                                  domestic currency and temporary shutdown of
                                  Kingfisher Airlines , among others, according to a
                                  report.




   http://www.epicresearch.co                                     09752199966
   09993959693
MARKET ANALYSIS
        KEY BENCHMARK INDICES EDGED LOWER, WITH THE MARKET SENTIMENT WAS HIT ADVERSELY AFTER
         GLOBAL CREDIT RATING AGENCY STANDARD & POOR'S (S&P) ON WEDNESDAY, 10 OCTOBER 2012,
         WARNED THAT INDIA STILL FACED A ONE -IN -THREE CHANCE OF A CREDIT RATING DOWNGRADE TO JUNK
         STATUS WITHIN THE NEXT 24 MONTHS DESPITE A NEW DRIVE FOR ECONOMIC REFORM THAT WAS
         LAUNCHED IN SEPTEMBER 2012.
        THE BAROMETER INDEX, BSE SENSEX, FELL 263.28 POINTS OR 1.39% TO 18,675.18
        THE S&P CNX NIFTY DECLINED 70.90 POINTS OR 1.23% TO 5676.05.
        FROM 30 SHARE SENSEX PACK, 22 STOCKS FELL AND ONLY EIGHT OF THEM ROSE.
        IT MAJOR INFOSYS LOST 5.23% TO RS 2395.65. AMONG OTHER IT SHARES, WIPRO (DOWN 5.93%) AND
         TCS (DOWN 0.43%), EDGED LOWER. INDIA'S SECOND LARGEST PRIVATE SECTOR BANK BY NET PROFIT
         HDFC BANK ROSE 1.36%.INDIA'S LARGEST BANK BY BRANCH NETWORK STATE B ANK OF INDIA (SBI)
         DECLINED 3.79%.TATA STEEL ROSE 2.49%.INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) SHED
         4.49%.INDEX HEAVYWEIGHT AND CIGARETTE MAKER ITC ROSE 2.65% TO RS 283. AUTO STOCKS FELL
         ACROSS THE BOARD. MAHINDRA & MAHINDRA (M&M) SHED 1.58%.I NDIA'S LARGEST COMMERCIAL
         VEHICLE MAKER BY SALES TATA M OTORS FELL 3.5%.




.

                                              EXPERT OPINION
                NIFTY WEEKLY PIVOTS

       NIFTY                                                     BANK NIFTY

       Nifty looks Consolidate                               Bank Nifty looks Consolidate

       Strategy: Sell on Rise                                Strategy: Sell on Rise

       Support: 5570                                         Support: 11190

       Resistance: 5740                                      Resistance:11590

                                             NIFTY WEELY PIVOTS


    PIVOTS     R4         R3          R2        R1     PP          S1         S2        S3          S4


    NIFTY     6032       5917        5802      5739   5687        5642        5572     5457         5342




              http://www.epicresearch.co                                              09752199966
 NIFTY WEEKLY CHART




                              WEEKLY BANK NIFTY CHART




http://www.epicresearch.co                               09752199966
 GAINERS AND LOOSERS

                                                         WEEKLY NIFTY GAINERS

                        SCRIPS              RATE          VOL. (000)       PR.              NET               % CHANGE
                                                                           CLOSE            CHANGE

                          Sun Pharma         713.25         1509.58           682.55             30.7                4.5
                          JP Associate       92.65         23142.53            88.7              3.95               4.45
                           Ultratech C       2044.7          344.64           1971.1             73.6               3.73
                               ITC           283.5          8159.73           275.65             7.85               2.85
                               ACC          1498.05          355.68          1457.65             40.4               2.77

                                                          WEEKLY NIFTY LOOSERS
.
                        SCRIPS                 RATE         VOL.            PR. CLOSE          NET             % CHANGE
                                                            (000)                              CHANGE

                                 DLF            218.75         9274                 241.9         -23.15            -9.57
                              Siemens           686.75        379.65             744.35           -57.6             -7.74
                               BHEL             245.4        10830.24             263.9           -18.5             -7.01
                               Wipro            352.05       1934.96             373.25           -21.2             -5.68
                             Hindalco           118.05       10894.78               125           -6.95             -5.56




    Disclaimer
    The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any
    responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

    Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on
    sources that we consider reliable.

    This material is for personal information and based upon it & takes no responsibility

    The information given herein should be treated as only factor, while making investment decision. The report does not provide individually
    tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and
    encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on
    the information given in this report, which is in violation of rules and regulations of NSE and BSE.

    The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all
    estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks
    recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views
    expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of
    the information is the acceptance of this disclaimer.

    All Rights Reserved. Investment in equity & bullion market has its own risks.

    We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any
    financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to
    buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls
    or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious
    Legal Actions can be taken.

More Related Content

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 

Featured (20)

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 

WEEKLY EQUITY REPORT BY EPIC RESEARCH- 15 OCTOBER 2012

  • 1. WEEKLY NEWS  Reliance asks govt to end logjam on KGD6 capex plan Reliance Industries has asked the oil ministry to break the logjam and approval for its KGD6 capex plans of USD 1.6 bn for FY12 and FY13.According to sources the government had verbally agreed to the capex plan on August 7 but still has to given written approval. The government wants to give approval once RIL agrees to the CAG undertaking a finance and performance audit.  India Inc asks RBI to cut interest rate WEEKLY EQUITY Expressing disappointment over slow growth of the NEWSLETTER industrial production, India Inc today asked the Reserve TH 15 OCTOBER 2012 Bank to cut interest rate at which the central bank lends to banks to help boost investments."The IIP figures are disappointing. What is of serious concern is the sharp drop in electricity production even as the manufacturing sector continues to stagnate due to faltering  MARKET UPDATE:- investments," CII Director General Chandrajit Banerjee said in a statement. Nifty down 75 pts at 5676.05  Domestic aviation sector may see recovery in Q3: Report Bank Nifty down 142 pts The struggling domestic aviation sector is likely to see a at 11388.45 recovery in the third quarter on the back of a stronger domestic currency and temporary shutdown of Kingfisher Airlines , among others, according to a report. http://www.epicresearch.co 09752199966 09993959693
  • 2. MARKET ANALYSIS  KEY BENCHMARK INDICES EDGED LOWER, WITH THE MARKET SENTIMENT WAS HIT ADVERSELY AFTER GLOBAL CREDIT RATING AGENCY STANDARD & POOR'S (S&P) ON WEDNESDAY, 10 OCTOBER 2012, WARNED THAT INDIA STILL FACED A ONE -IN -THREE CHANCE OF A CREDIT RATING DOWNGRADE TO JUNK STATUS WITHIN THE NEXT 24 MONTHS DESPITE A NEW DRIVE FOR ECONOMIC REFORM THAT WAS LAUNCHED IN SEPTEMBER 2012.  THE BAROMETER INDEX, BSE SENSEX, FELL 263.28 POINTS OR 1.39% TO 18,675.18  THE S&P CNX NIFTY DECLINED 70.90 POINTS OR 1.23% TO 5676.05.  FROM 30 SHARE SENSEX PACK, 22 STOCKS FELL AND ONLY EIGHT OF THEM ROSE.  IT MAJOR INFOSYS LOST 5.23% TO RS 2395.65. AMONG OTHER IT SHARES, WIPRO (DOWN 5.93%) AND TCS (DOWN 0.43%), EDGED LOWER. INDIA'S SECOND LARGEST PRIVATE SECTOR BANK BY NET PROFIT HDFC BANK ROSE 1.36%.INDIA'S LARGEST BANK BY BRANCH NETWORK STATE B ANK OF INDIA (SBI) DECLINED 3.79%.TATA STEEL ROSE 2.49%.INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) SHED 4.49%.INDEX HEAVYWEIGHT AND CIGARETTE MAKER ITC ROSE 2.65% TO RS 283. AUTO STOCKS FELL ACROSS THE BOARD. MAHINDRA & MAHINDRA (M&M) SHED 1.58%.I NDIA'S LARGEST COMMERCIAL VEHICLE MAKER BY SALES TATA M OTORS FELL 3.5%. .  EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks Consolidate Bank Nifty looks Consolidate Strategy: Sell on Rise Strategy: Sell on Rise Support: 5570 Support: 11190 Resistance: 5740 Resistance:11590  NIFTY WEELY PIVOTS PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 6032 5917 5802 5739 5687 5642 5572 5457 5342 http://www.epicresearch.co 09752199966
  • 3.  NIFTY WEEKLY CHART  WEEKLY BANK NIFTY CHART http://www.epicresearch.co 09752199966
  • 4.  GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS RATE VOL. (000) PR. NET % CHANGE CLOSE CHANGE Sun Pharma 713.25 1509.58 682.55 30.7 4.5 JP Associate 92.65 23142.53 88.7 3.95 4.45 Ultratech C 2044.7 344.64 1971.1 73.6 3.73 ITC 283.5 8159.73 275.65 7.85 2.85 ACC 1498.05 355.68 1457.65 40.4 2.77 WEEKLY NIFTY LOOSERS . SCRIPS RATE VOL. PR. CLOSE NET % CHANGE (000) CHANGE DLF 218.75 9274 241.9 -23.15 -9.57 Siemens 686.75 379.65 744.35 -57.6 -7.74 BHEL 245.4 10830.24 263.9 -18.5 -7.01 Wipro 352.05 1934.96 373.25 -21.2 -5.68 Hindalco 118.05 10894.78 125 -6.95 -5.56 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.