Weekly equity news letter 30 sep 2013


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Weekly equity news letter 30 sep 2013

  1. 1. www.TheEquicom.com +919200009266 www.TheEquicom.com 09200009266 WEEKLY EQUITY NEWSLETTER 30/Sep./2013
  2. 2. www.TheEquicom.com +919200009266 WEEKLY NEWSLETTER Contents Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future
  3. 3. www.TheEquicom.com +919200009266 MARKET WRAP Nifty was closed red down 2.98%, Sensex was closed green down 2.65% Last week. Last week New Home Sales 421k and US Unemployment Claims 305k. Euro & U.S markets were green; while Asian markets were green last week. Indian equity markets ended red on Friday on this week the Sensex and Nifty were in consolidate trend. Major sector which were down like Bank Index, Realty Index Oil & gas Index and Top losers are DLF Ltd. (down 23.07%), Punjab National Bank (down 14.22%), JP Associates (down 13.68%), Indusind Bank (down 13.52%), IDFCL (down 13.36%), Bank of Baroda (down 13.18%) & Kotak Mahindra Bank (down 11.51%). Technically Nifty may expected to down from this point or a short term range bound this week; Nifty this week may range 5700-6000. On the economic front, Reserve Bank of India (RBI) is taking a carrot-and-stick approach to curb trade in the offshore forwards market that is seen as a key source of wrenching currency volatility. The current account deficit, which hit a record high in the last fiscal year, is expected to rise in the June quarter from the previous three-month period before easing due to sharp fall in gold imports and improving exports. On the Global front, President Barack Obama sternly warned the U.S. Congress against a government shutdown on October 1 as lawmakers struggled to pass an emergency spending bill that Republicans want to use to defund Obama's healthcare reform law. There is a decent chance the U.S Federal Reserve can start to wind down its monetary stimulus this year but there are risks which could push that process into next year.
  4. 4. www.TheEquicom.com +919200009266 MARKETPERFORMANCE NIFTYGAINERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%) Celebrity Fashions L 6.10 4.05 2.05 50.62 Kingfisher Airlines 6.45 4.65 1.80 38.71 Paras Petrofils 0.20 0.15 0.05 33.33 Hanung Toys & Textil 33.25 24.95 8.30 33.27 Andhra Cement 6.30 4.75 1.55 32.63 NIFTYLOSERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%) AVT Natural Prod 19.00 37.60 -18.60 -49.47 Mayur Uniquoters 241.65 462.25 -220.60 -47.72 Alembic Ltd. 14.05 25.30 -11.25 -44.47 Visesh Infotecnics L 0.35 0.60 -0.25 -41.67 Vikas GlobalOne Ltd. 129.60 183.60 -54.00 -29.41 VOLUME TOPPERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(%) Volume in (‘000s) Mahindra Satyam 115.30 115.30 0.00 5893.30 Tata Teleservice(Mah 7.45 6.24 19.39 5676.53 Texmaco Infra 23.35 22.15 5.42 5615.75 Alok Inds 8.16 8.17 -0.12 5453.94 Cals Refineries 0.12 0.11 9.09 5438.01
  5. 5. www.TheEquicom.com +919200009266 SECTORIAL INDICES INDICES COUNTRY DATE LAST P.CLOSE NET CHANGE CHANGE % Hang Seng Hong Kong 27-Sep-13 23207.04 23502.51 295.47 1.26 Jakarta Indonesia 27-Sep-13 4423.72 4583.83 160.11 3.49 Nikkei 225 Japan 27-Sep-13 14760.07 14742.42 -17.65 -0.12 KLSE Malaysia 27-Sep-13 1776.16 1801.83 25.67 1.42 Seoul South Korea 27-Sep-13 2011.80 2005.58 -6.22 -0.31 Straits Times Singapore 27-Sep-13 3210.18 3237.53 27.35 0.84 FTSE 100 UK 27-Sep-13 6512.66 6596.43 83.77 1.27 Nasdaq US 27-Sep-13 3781.60 3774.73 -6.87 -0.18 Dow Jones US 27-Sep-13 15258.24 15451.09 192.85 1.25 INDIAN EQUITY MARKET INDICES CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%) NIFTY 5,833.20 6,012.10 -178.90 -2.98 BANK NIFTY 9993.25 10722.30 -729.05 -6.80 SENSEX 19,727.27 20,263.71 -536.44 -2.65
  6. 6. www.TheEquicom.com +919200009266 TECHNICALVIEW NIFTY OUTLOOK Trend:- CONSOLIDATE Resistance:- 6030, 6130 Support:- 5685, 5555 Strategy:- SELL ON HIGH NIFTY WEEKLY
  7. 7. www.TheEquicom.com +919200009266 BANK NIFTY OUTLOOK Trend:- CONSOLIDATE Resistance:- 10480, 10900 Support:- 9580, 9130 Strategy:- SELL ON HIGH BANK NIFTY WEEKLY
  8. 8. www.TheEquicom.com +919200009266 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. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom 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 TheEquicom 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 Commodity and equity 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. TheEquicom 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.