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Weekly equity-report by epic research 25 feb 2013
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Weekly equity-report by epic research 25 feb 2013

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  • 1. WEEKLY NEWS  RBI issues guidelines for new banking licence The much-awaited norms for new banking licence are finally out. The Reserve Bank of India (RBI) on Friday issued the final guidelines for licensing of new private sector banks wherein entities both from private and public sector shall be eligible to set up a bank through a wholly-owned non-operative financial holding company (NOFHC).The NOFHC shall be wholly owned by the promoter / promoter group. The NOFHC shall hold the bank as well as all the other financial services entities of the group.  Auto exports to Europe set to get more WEEKLY EQUITY expensive NEWSLETTER Under the GSP scheme, exports from emerging 25TH FEBRUARY 2013 economies were levied lower duties as compared to exports from developed economies. For instance, auto exports from emerging economies to European Union attracted a duty of 6.5 percent as compared to 10 percent from some of the other economie MARKET UPDATE:-  Nifty down by 38 pts  Tata Comm to raise Rs 1000cr via asset sale and settle at 5850.30 Tata Communications joins the bandwagon of top corporates who are looking to raise funds through asset  Bank Nifty down by 285 sale. The company wants to raise Rs 1000 crore via the pts at 12068.95 sale of five properties. The company has hired two consulting firms in Mumbai. Three of these land parcels are located in Mumbai and are very much city centric based in BKC, Chembur and Andheri. http://www.epicresearch.co 09752199966 09993959693
  • 2. MARKET ANALYSIS  KEY BENCHMARK INDICES EDGED LOWER AS MINUTES FROM THE US FEDERAL RESERVE RELEASED ON WEDNESDAY, 20 FEBRUARY 2013, STOKED CONCERNS THAT POLICY MAKERS COULD PULL BACK ON THEIR MASSIVE QUANTITATIVE-EASING PROGRAM AS THE US CENTRAL BANK SAID THAT IT WOULD REVIEW THE PROGRAM IN MARCH 2013. INDIAN STOCKS ROSE IN THREE OUT OF FIVE TRADING SESSIONS IN THE WEEK ENDED FRIDAY, 22 FEBRUARY 2013.  THE 30-SHARE S&P BSE SENSEX FELL 151.14 POINTS OR 0.78% TO 19317.01, ITS LOWEST CLOSING LEVEL SINCE 24 DECEMBER 2012.  THE 50-UNIT CNX NIFTY FELL 37.10 POINTS OR 0.63% TO 5,850.30, ITS LOWEST CLOSING LEVEL SINCE 21 DECEMBER 2012.  FROM 30-SHARE SENSEX PACK, 19 STOCKS DECLINED AND REST OF THEM ROSE.  SUN PHARMACEUTICAL INDUSTRIES GAINED 3.21% TO RS 811.30. THE STOCK STRUCK A RECORD HIGH OF RS 814.20 IN INTRADAY TRADE FRIDAY, 22 FEBRUARY 2012.AMONG OTHER PHARMA STOCKS, CIPLA (DOWN 0.43%) AND DR REDDYS LABORATORIES (DOWN 0.22%), EDGED LOWER. WIPRO JUMPED 4.19% AND WAS THE TOP GAINER FROM THE SENSEX PACK. THE NATIONAL STOCK EXCHANGE ON 13 FEBRUARY 2013 SAID IT HAS DECIDED TO REPLACE TWO STOCKS -- SIEMENS AND WIPRO -- WITH INDUSIND BANK AND NMDC IN THE 50 UNIT CNX NIFTY INDEX WITH EFFECT FROM 1 APRIL 2013. CAPITAL GOODS STOCKS EDGED LOWER. L&T DROPPED 0.65%..  EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks Bearish Bank Nifty looks Bearish Strategy: Sell on rise Strategy: Sell on rise Support:5800 Support: 12140 Resistance: 5900 Resistance: 11980  NIFTY WEEKLY PIVOTS PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 6293 6157 6021 5935 5885 5799 5749 5613 5477 http://www.epicresearch.co 09752199966
  • 3. NIFTY WEEKLY CHART  WEEKLY BANK NIFTY CHARThttp://www.epicresearch.co 09752199966
  • 4.  GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS RATE VOL. (000) PR. NET % CHANGE CLOSE CHANGE DLF 281.45 8699.35 248.70 32.75 13.17 Wipro 415.95 1543.95 399.25 16.70 4.18 ACC 1300.95 481.67 1258.85 42.10 3.34 HCL Tech. 720.25 1252.98 697.00 23.25 3.34 Ambuja 198.50 1480.42 192.15 6.35 3.30 Cement WEEKLY NIFTY LOOSERS. SCRIPS RATE VOL. PR. CLOSE NET % CHANGE (000) CHANGE Jindal Steel 357.50 1253.43 386.20 -28.70 -7.43 Coal India 331.70 2005.41 349.85 -18.15 -5.19 Tata Motors 292.90 12481.93 304.45 -11.55 -3.79 Siemens 547.20 307.63 567.70 -20.50 -3.61 Tata Steel 364.50 3595.80 376.10 -11.60 -3.08 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.

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