Weekly i forex market news update report by epicresearch 17 november 21 november 2014

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Worldmarketsthisweek
The FTSE, the only major European index to eye a large
percentage gain for the week, was weighed down by en-
ergy stocks such as BP and Shell as Brent crude held near a
four-year low just above $77 a barrel. Oil prices have been
hit by concerns over excess supply and uncertainty over
whether OPEC would cut output at a meeting in two
weeks.
Asian equities were mostly lower on the last trading day of
the week, brushing off a positive finish on Wall Street.
WallStreetUpdate
Stock prices were remarkably steady through most of the
week, especially in comparison to recent volatility, but the
market managed to end the week with modest gains that
took the large-cap benchmarks to new records. The S&P
500 Index's largest daily change was on Monday, when it
rose 0.31%, but its largest fluctuation from close to close
over the remainder of the week was 0.07% a remarkable
shift from recent weeks, when 1% or even 2% swings were
common. The Nasdaq fared better than the other bench-
marks, helped by strength in technology stocks.
A relatively thin economic calendar and the lack of any
major surprises may have been reasons for the market’s
stability. Weekly jobless claims rose slightly more than ex-
pected, but investors were encouraged by separate data
showing healthy hiring in September. The number of peo-
ple leaving jobs voluntarily hit its highest level since before
the financial crisis, a sign of Americans' greater confidence
in their ability to find another job. The better job market
was reflected in a rise in the University of Michigan's index
of consumer sentiment, and retail sales in October rose a
bit more than expected.
IndianMarkets’WeeklyRoundup
Both indices continued to smash previous records all
through the week and ended the week at all-time high lev-
els; BSE Sensex breached the 28,000 figure for first time
ever. The mid-cap and small-cap stocks stole a march over
Sensex and Nifty's tepid gains. The BSE small-cap index
was up 1 percent and CNX mid-cap swelled 1.7 percent.
Friday marked the end of the September quarter earnings
season and market is now likely to follow global cues,
crude oil price trend and FPI investments.
World Indices
Index Close Week Change CHG %
DJIA 17634.74 60.81 6.38%
S&P 500 2039.92 7.90 10.36%
NASDAQ 4688.54 56.01 12.26%
Top Weekly Gainers
Company Pre. Close Close % Gain
AMTEK AUTO LTD 172.25 207.20 + 20.29
ING VYSYA BANK 648.95 770.25 + 18.69
ASHOK LEYLAND 46.75 54.50 + 16.58
JUBILANT FOODWORKS L 1,258.95 1,465.30 + 16.39
BAYERCROPSCIENCE 2,327.30 2,707.25 + 16.33
Top Weekly Losers
Company Pre. Close Close % Gain
CIPLA 658.50 609.20 -7.49
BHARAT HEAVY ELE 257.95 245.85 -4.69
SESA STERLITE 250.85 240.15 -4.27
TATA POWER CO. 91.80 88.80 -3.27
CAIRN INDIA LTD. 276.35 267.70 -3.13
Stocks touched 52 Week’s High
Symbol Prev. Close Change %Chg
BAJAJ-AUTO 2,647.00 37.20 1.43
HAVELLS 307.75 6.95 2.31
INFY 4,182.90 4.30 0.10
JUBLFOOD 1,462.25 45.40 3.20
LICHSGFIN 427.00 16.85 4.11
Indian indices
Company CMP Change % Chg
NIFTY 8389.90 +32.05 +0.38
SENSEX 28046.66 +106.02 +0.38
Stocks touched 52 Week’s Low
Symbol Prev. Close Change %Chg
CAIRN 267.60 5.30 2.02
WEEKLY REPORT
17
th
NOVEMBER 2014
1

INDICES WEEKLY CHANGE
INDEX Close P. Close % Chg
SENSEX 28046 27867 +0.64
NIFTY 8389 8337 +0.62
BANKEX 20118 19854 +1.33
MIDCAP 10154 9999 +1.55
SMALLCAP 11217 11117 +0.90
CG 15884 15945 -0.38
FMCG 7752 7530 +2.95
HC 14840 14884 -0.30
IT 10892 10820 +0.67
METAL 11401 11334 +0.59
OIL&GAS 10837 11053 -1.95
PSU 8224 8281 -0.69
AUTO 18659 18338 +1.75
TECK 6028 6000 +0.47
POWER 2123 2134 -0.52
REALTY 1669 1642 +1.64
WEEKLY WRAPUP
CORPORATE ACTIONS IN THIS WEEK
SCRIP ACTION Rs. Per Share DATE
NOIDATOLL DIVIDEND 1 17-Nov-14
ORBTEXP DIVIDEND 2.25 17-Nov-14
SUNDRMFAST AGM 0.85 17-Nov-14
WELSPUNIND AGM 3 17-Nov-14
LGBBROSLTD AGM 3.2 17-Nov-14
BLUEDART
Scheme Of Arrangement -
Issue Of Bonus Debentures
17-Nov-14
PAGEIND DIVIDEND 18 17-Nov-14
FRLDVR
Rights 5:8 @ Premium Rs
48.25/- Per Equity Share
18-Nov-14
FRL Rights 5:8 @ Premium 18-Nov-14
MONSANTO DIVIDEND 18 19-Nov-14
SOLARINDS DIVIDEND 8 19-Nov-14
AARTIDRUGS DIVIDEND 19-Nov-14
RAIN DIVIDEND 1 19-Nov-14
SBIN 20-Nov-14
Face Value Split Rs.10/- To
Re.1/- Per Share
MTEDUCARE DIVIDEND 0.6 20-Nov-14
MAYURUNIQ DIVIDEND 0.75 20-Nov-14
GABRIEL DIVIDEND 0.45 20-Nov-14
VAIBHAVGBL DIVIDEND 2.4 20-Nov-14
TIMKEN DIVIDEND 3 20-Nov-14
TIDEWATER DIVIDEND 100 20-Nov-14
FII ACTIVITIES IN THE WEEK
Date FII Figures (in Cr.) DII Figures (in Cr.
10-NOV- 2014 355.30 -314.93
11-NOV- 2014 458.04 -516.98
12-NOV- 2014 459.47 -559.44
13-NOV- 2014 690.61 -738.24
14-NOV- 2014 645.9 -517.51
NET 2609.32 -2649.1
EVENT CALENDAR THIS WEEK
EVENT DATE ACTUAL PRE
INFLATTION (CPI) 12-NOV- 2014 5.52% 6.46%
IIP DATA 12-NOV- 2014 2.5% 0.48%
INFLATTION WPI) 14-NOV- 2014 1.77% 2.38%
BANK LOAN 14-NOV- 2014 11.2% 11.1%
DEPOSIT GROWTH 14-NOV- 2014 12.0% 12.6%
2
EVENT CALENDAR PREVIOUS WEEK
EVENT DATE TIME
FOREIGN RESERVES 21-NOV-2014 5:00PM
RESULT CALENDAR THIS WEEK
DATE COMPANY
18-NOV- 2014 DUNCANS IND, GAMMON INFRA
20-NOV- 2014 HINDUJA FOUND, CALSOFT
21-NOV- 2014 TECPRO SYSTEMS

L&T reported a 6.5% rise in its Q2 profit on Friday, after
winning new orders in its infrastructure, power and hy-
drocarbons businesses. Last year L&T, which lays roads,
constructs ships, makes power plant equipment and de-
velops real estate, reported net profit of 9.78 bn rupees.
US job growth increased at a fairly brisk clip in October
and the unemployment rate fell to a fresh 6-year low of
5.8%, underscoring the economy's resilience in the face of
slowing global demand.
Bank of Baroda 's Q2net profit fell 5.5% yoy to Rs 1,104 cr
due to higher provisions and tax rate, and slow growth in
non-interest income. Profit in the year-ago period was Rs
1,168 cr. NII expended, climbed 17.5% on yearly basis to
Rs 3,401cr from Rs 2,895cr while other income grew by
1.8% to Rs 991.65cr during same period.
The RBI tightened the bad loan norms for NBFCs, bringing
them on par with banks, any loans unpaid for 3 months
will turn into an NPA starting March 2018. On a negative
note, Crisil expects jobs growth in IT sector to fall 50% in
the next 4 years, says only 55,000 people could be hired
in 2018.
The FII limit in government bonds is near full due to which
FIIs have started buying corporate bonds where the limits
are still available.
Inter-ministerial panel may meet today to decide coal
reserve price.
September IIP At 2.5 % versus 0.5 % (MoM) August IIP
revised to 0.5 % from 0.4 % April-September IIP At 2.8 %.
October CPI Inflation At 5.52% Vs 6.46% (MoM).
Coal blocks will be allotted well before March.
Granules India says Hyderabad High Court approves
merger of Auctus Pharma with co .
Shasun Pharma Successfully Completed US FDA Inspec-
tion At Dudley Mfg Unit
Omkar Speciality Chemicals board approves raising Rs 125
cr via QIP.
Nokia Networks bags 3G contract from Airtel Aditya Birla
Group planning foray into e-commerce
Puravankara arm to foray into Mumbai
DLF Q2 Net Profit At Rs 109 Cr Vs Rs 100 Cr (YoY).
IOC To Automate All Fuel Stations In 3 Years: FE NTPC ’s
Jharkhand coal block under scanner for mining delay
IFCI plans stake sale in 3 arms including NSE.
Sobha Developers to launch aspiration homes, expected
to have a total developable area of 10.26mn square feet.
Tata Motors Q2 net falls 7% YoY to Rs 3291 cr.
NEWS RECAP
3
JetAirways board approves raising up to $300mn via
NCDs
DLF gets tribunal nod to redeem MF investments.
OBC Cuts interest rates on term deposits less than Rs 1
crore by 25-50 bps w.e.f November 10
Bharti Airtel calling off deal with Loop modestly credit
negative for company
Crompton Greaves seeks shareholders nod to hike FII
investment limit to 100 percent from 24 percent.
Sintex Industries allots 8.36 lakh shares to FCCB holders.
Sebi approves Lavasa's Rs 750 crore IPO prospectus:
HCC in focus.
Rashtriya Chemicals and Fertilisers signs MoU with BPCL
to set up new sewage treatment plant.
Moody’s affirms NTPC ’s BAA3 rating; outlook stable.
Jet Airways says may lease 1 more Boeing 777 aircraft to
Etihad on short-term.
Hatsun Agro Product to consider allotment of 10 lakh
equity shares on preferential basis on Nov. 18.
Punjab&Sind Bank Q2 profit jump 2.6 times to Rs 112.2cr
Amara Raja Q2 profit up 6% to Rs 100 cr, revenue jumps
32%
Supreme Court to continue hearing IGL versus PNGRB
case today
Ashiana Housing to raise up to Rs 350 crore via private
placement or QIP
Hexaware ex- dividend Rs 2.35/share
Tara Jewels to borrow funds by way of issue of NCD
through QIP.
SREI Infrastructure has allotted 32.6 lakh NCDs, aggre-
gating to Rs. 326 Cr on November 12
Inflation data based on WPI for October came in at 1.77
percent, the lowest since September 2009, against
2.38% on a MoM basis. Poll had estimated it at 2%.
Net profit of SBI jumped to Rs 3100cr in the quarter
ended Sep 30. During the quarter, its NII stood at Rs
13274cr. Total NPAs recovery and up gradation was at
Rs 2635cr while restructuring stood at Rs 7046cr.
BHEL saw its net profit tumble nearly 73% to Rs 124.84cr
in 3months ended Sep this year as lower revenues from
power and industry segments took a toll on profitability.
Sun Pharma maintains its revenue growth guidance of
13-15% for FY15 though the margins may get impacted
marginally due to the Sun- Ranbaxy merger, though it
might get delayed slightly.

1. BAJAJ AUTO [FUTURE]
TRADING STRATEGY
BUY BAJAJ AUTO FUT ABOVE 2670 TGT 2820-3020 SL 2520
2. HDFC BANK [FUTURE]
TRADING STRATEGY
BUY HDFC BANK FUT ABOVE 940 TGT 1000-1080 SL 880
3. GAIL INDIA [CASH]
TRADING STRATEGY
BUY GAIL INDIA CASH ABOVE 495 TGT 520-550 SL 465
4. NIFTY FUTURE
TRADING STRATEGY
BUY NIFTY AROUND 8340-8360 TGT 8460-8560 SL 8240
EQUITY CASH & FUTURE
4

SILVER
TRADING STRATEGY:
BUY SILVER (DEC) ABOVE 36100 TGTS 36600/37200 SL BE-
LOW 35600
SELL SILVER (DEC)BELOW 35500 TGTS 34900/34400 SL
ABOVE 35980
GOLD
TRADING STRATEGY:
BUY GOLD (DEC) ABOVE 26500 TGTS 26670/26900 SL BE-
LOW 26300
SELL GOLD (DEC)BELOW 26000 TGTS 25810/25650 SL
ABOVE 26200
COPPER
TRADING STRATEGY:
BUY COPPER (NOV) ABOVE 420 TGT 426/433 SL BELOW
415
SELL COPPER (NOV)ON RISE 416 TGT 410/404 SL ABOVE 422
CRUDE OIL
TRADING STRATEGY:
BUY CRUDEOIL (DEC) ABOVE 4920 TGT 5050/5190 SL BE-
LOW 4800
SELL CRUDEOIL (DEC)BELOW 4600 TGT 4480/4320 SL
ABOVE 4740
COMMODITY MCX
5

DHANIYA
BUY DHANIYA DEC ABOVE 12650 TGTS 12750,12850 SL
12500
SELL DHANIYA DEC BELOW 12480 TGTS 12380,12280 SL
12630
CASTOR SEED
BUY CASTORSEED DEC ABOVE 4880 TGTS 4980,5080 SL
4730
SELL CASTORSEED DEC BELOW 4750 TGTS 4650,4550 SL
4900
GUARGUM
BUY GUARGUM DEC ABOVE 14200 TGTS 14350,14500 SL
14000
SELL GUARGUM DEC BELOW 13750 TGTS 13600,13450 SL
13950
WEEKLY WRAP UP
Gold December 14 contract was up by 1.42% to Rs 25822.00
per 10 grams while Gold Feb2015 contract was up by 1.35%
to Rs. 26000.00. Gold M December 14 contract was up by
1.41%to Rs 25827.00 per 10 grams. Goldguinea November
14 contract was up 1.19% to Rs.20561.00per 8 grams. Gold
Petal November 14 contract was up by 0.63% to Rs.2567.00
per gram. Silver December 14 contract was up by 1.27% to
Rs.34707.00 per kg while Silver M November14 contract
was up by 1.27% to Rs 34727.00 per kg. Silver MIC Novem-
ber 14 contract wasalso up by 1.27% to Rs 34726.00 per kg.
Crude oil November 14 contract was down by 3.59% to Rs
4641.00 per BBL while Naturalgas November 14 contract
was down by 5.04% to Rs 250.60 per MMBTU.
Cotton November 14 contract was down by 1.13% to Rs
15760.00 per bales while CPONovember 14 contract was up
by 0.11% to Rs 450.70 per 10 kg. Cardamom November
2014contract was down by 8.32% to Rs. 763.00 per kg and
Mentha Oil Nov 2014 contract was downby 1.64% to
Rs.690.90 per kg.
NCDEX RECOMMENDATIONS
6

USD/INR
TRADING STRATEGY:
BUY USD-INR ABOVE 62.0000 TGT 62.3000,62.7000
SL61.7500
SELL USD-INR BELOW 61.7000 TGT 61.4000,61.0000 SL
61.9500
EUR/INR
TRADING STRATEGY:
BUY EUR-INR ABOVE 77.1800 TGT 77.4800,77.8800 SL
76.9300
SELL EUR-INR BELOW 77.0000 TGT 76.7000,76.3000 SL
77.2500
GBP/INR
TRADING STRATEGY:
SELL GBP-INR BELOW 96.8000 TGT 96.5000,96.1000 SL
97.0500
BUY GBP-INR ABOVE 97.1000 TGT 97.4000,97.8000 SL
96.8500
JPY/INR
TRADING STRATEGY:
SELL JPY-INR BELOW 53.1000 TGT 52.9000,52.6000 SL
53.3500
BUY JPY-INR ABOVE 53.2500 TGT 53.5500,54.1000 SL
53.0000
CURRENCY
7

DATE COMMODITY/ CUR-
RENCY PAIRS CONTRACT STRATEGY ENTRY
LEVEL TARGET SL REMARK
10/11/14 MCX GOLD DEC BUY 26000 26200-26450 25800 BOOKED FULL PROFIT
10/11/14 MCX GOLD DEC. SELL 25800 25620-25400 26000 BOOKED FULL PROFIT
10/11/14 MCX SILVER DEC. BUY 35000 35600-36200 34500 BOOKED FULL PROFIT
10/11/14 MCX SILVER DEC. SELL 34500 33900-33000 35050 BOOKED PROFIT
10/11/14 MCX COPPER NOV. BUY 422 428-435 415 NOT EXECUTED
10/11/14 MCX COPPER NOV. SELL 416 410-404 422 NOT EXECUTED
10/11/14 MCX CRUDE OIL OCT. BUY 5020 5150-5290 4900 NOT EXECUTED
10/11/14 MCX CRUDE OIL OCT. SELL 4850 4720-4600 4980 BOOKED FULL PROFIT
10/11/14 NCDEX DHANIYA NOV. BUY 12330 12430-12530 12180 BOOKED FULL PROFIT
10/11/14 NCDEX DHANIYA NOV. SELL 12120 12020-11920 12270 SL TRIGGERED
10/11/14 NCDEX CASTORSEED NOV. BUY 4870 4970-5070 4720 NO PROFIT NO LOSS
10/11/14 NCDEX CASTORSEED NOV. SELL 4740 4640-4540 4900 NOT EXECUTED
10/11/14 NCDEX GUARGUM NOV. BUY 14940 15100-15250 14750 NOT EXECUTED
10/11/14 NCDEX GUARGUM NOV. SELL 14675 14525-14375 14875 BOOKED FULL PROFIT
10/11/14 USD/INR OCT. BUY 61.90 62.20-62.60 61.45 SL TRIGGERED
10/11/14 USD/INR OCT. SELL 61.70 61.40-61.00 62.05 NO PROFIT NO LOSS
10/11/14 GBP/INR OCT. BUY 98.00 98.30-98.70 97.65 BOOKED PROFIT
10/11/14 GBP/INR OCT. SELL 97.60 97.30-96.90 97.95 BOOKED FULL PROFIT
10/11/14 EUR/INR OCT. BUY 76.80 77.10-77.50 77.45 NOT EXECUTED
10/11/14 EUR/INR OCT. SELL 76.30 76.00-75.60 77.65 BOOKED PROFIT
10/11/14 JPY/INR OCT. BUY 53.80 54.10-54.50 53.45 BOOKED PROFIT
10/11/14 JPY/INR OCT. SELL 53.45 53.15-52.75 53.80 BOOKED PROFIT
DATE SCRIP
CASH/
FUTURE/
OPTION
STRATEGY ENTRY
LEVEL TARGET SL REMARK
10/11/14 NIFTY FUTURE BUY 8310-8290 8410-8510 8190 NOT EXECUTED
10/11/14 BPCL FUTURE BUY 770 790-810 750 SL TRIGGERED
10/11/14 BHEL FUTURE SELL 248 233-213 263 BOOKED PROFIT
10/11/14 COLPAL CASH BUY 1800 1860-1940 1740 BOOKED FULL PROFIT
PERFORMANCE UPDATES
8

ECONOMIC CALENDAR
9
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THIS WEEK'S U.S. ECONOMIC REPORTS
TIME (ET) REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, NOV. 17
8:30 AM EMPIRE STATE INDEX NOV. 12.5 6.2
9:15 AM INDUSTRIAL PRODUCTION OCT. 0.2% 1.0%
9:15 AM CAPACITY UTILIZATION OCT. 79.4% 79.3%
TUESDAY, NOV. 18
8:30 AM PRODUCER PRICE INDEX OCT. -0.1% -0.1%
10 AM HOME BUILDERS' INDEX NOV. 55 54
WEDNESDAY, NOV. 19
8:30 AM HOUSING STARTS OCT.
2 PM FOMC MINUTES
THURSDAY, NOV. 20
8:30 AM WEEKLY JOBLESS CLAIMS NOV. 15 N/A 290,000
8:30 AM CONSUMER PRICE INDEX OCT. 0.0% 0.1%
8:30 AM CORE CPI OCT. 0.2% 0.1%
9:45 AM MARKIT FLASH PMI NOV. -- 55.9
10 AM EXISTING HOME SALES OCT. 5.10 MLN 5.17 MLN
10 AM PHILLY FED NOV. 22.2 20.7
10 AM LEADING INDICATORS OCT. -- 0.8%
FRIDAY, NOV. 21
NONE SCHEDULED

Weekly i forex market news update report by epicresearch 17 november 21 november 2014

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Weekly i forex market news update report by epicresearch 17 november 21 november 2014