2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK were supported by broad- based buying momentum, the Indian equity witnessed strong bull-run with BSE Sensex and NSE Nifty touched new heights as December series in the derivative segment started on a strong footing on sustained fund inflows amid falling global crude prices.
Further, Taneja Aerospace & Aviation hits 20% upper circuit, after the company in a clarification said it has signed a contract valued at Rs12.79 crore with Indian Air Force.
Just Dial rose 2.02% after the RBI notified that foreign institutional investors/registered foreign portfolio investors can invest up to 75% of the company's equity capital from earlier 49%.
GLOBAL FACE
Asian stocks closed at its highest level for two weeks, with exporters boosted by a weaker yen and airlines helped by falling oil prices.
European shares, retreating for the first time in six sessions as a further drop in crude oil prices kept the pressure on energy shares and revived fears of deflation in the euro zone.
US stock index futures poised for a lower opening at the Wall Street on Friday.
INDICES
CLOSE
PREVIOUS
SENSEX
28693.99
28,438.91
NIFTY
8588.25
8494.20 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
17,459.85
17,248.50
HANG SENG
23,987.45
24,004.28
KOSPI
1,980.78
1,982.09 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
8540.60
1.09
S&P CNX 500
6918.05
1.06
CNX MIDCAP
12,389.25
1.15
CNX 200
4388.35
1.12
BANK NIFTY
18,513.15
2.72 TOP GAINERS
SCRIPT
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CHANGE (%)
PNB
1074.95
7.68
BANKBARODA
1091.20
7.48
ASIANPAINT
746.05
5.72
SBIN
322.30
5.38 TOP LOSERS
SCRIPT
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CHANGE (%)
CAIRN
260.20
-4.53
SSLT
231.10
-3.04
ONGC
378.00
-1.12
BHARTIARTL
381.25
-1.08
3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
8441
8534
8586
8627
8679
8720
8813 NIFTY SUPPORT RESISTANCE
S1-8588
R1-8675
S2-8535
R2-8725 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
17461
17997
18331
18533
18867
19069
19069 BANK NIFTY SUPPORT RESISTANCE
S1-18450
R1-18745
S2-18275
R2-19065
SCRIPT
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CHANGE (%)
RELIANCE
991.60
0.3
ITC
363.15
0.71
HDFC BANK
957.15
0.95
SBIN
321.40
5.08 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2643.00
[0.39]
ONGC
379.40
[0.76]
INFOSYS
4359.85
[0.14]
SUNPHARMA
839.70
[0.27] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5160.09
935.86
DII
2561.35
3000.66 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
32
18
BANK NIFTY
12
0
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
after the a Comptroller & Auditor General panel asked the govt to allow the company to recover $160 mn of cost incurred on the KG-D6 block and suggested the government to resolve all pending issues of the company.
Q2FY15 GDP at 5.3% v/s 5.7% QoQ
Quarterly GDP at factor cost at constant (2004-05) prices for Q2 of 2014-15 is estimated at Rs.14.39 lakh crore as against Rs.13.66 lakh crore in Q2 of 2013-14, showing a growth rate of 5.3% over the corresponding quarter of previous year. The economic activities which registered significant growth in Q2 of 2014-15 over Q2 of 2013-14 are 'electricity, gas and water supply' at 8.7%, 'construction' at 4.6%, and ‘community, social and personal services' at 9.6%.
RBI issues final guidelines for differentiated bank licenses
The RBI issued final norms for 'payment banks' and 'small finance banks' which are actually more liberal compared to the to the draft guidelines. In case of payment banks they can accepts deposits, distribute financial products and process payments but cannot lend hence it is not attractive for existing NBFCs from the viability point of view.
ONGC board gives approval to Cairn's Rajasthan gas production plan
ONGC board in its meeting had approved the plan to increase production from the Raageshwari Deep Gas fields in the Rajasthan block to 100 million standard cubic feet a day (2.83 mscmd) by fiscal 2017.According to the Rajasthan production sharing contract (PSC), the operator can get unconditional extension for five years if it is producing oil, and 10 years in case of expected gas production.
TRAI recommends 15 % rise in CDMA spectrum reserve price
The Telecom Regulatory Authority of India recommended reserve price of Rs.3,104 crore per megahertz for CDMA spectrum, according to reports. Report said that TRAI recommended over 15 % rise in CDMA spectrum reserve price. The regulator had proposed reserve price of Rs.2, 685 crore per megahertz for 800 Mhz. The new reserve price of Rs.3,104 crore is 72% higher than the Rs.1,800 crore rate in 2013 auction, says report.
RIL up after CAG allows to recover cost incur on KG-D6
Reliance Industries Ltd ( RIL) rose nearly 3%, touching to Rs1016.2,
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