2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended flat on weaker regional
shares offset optimism over additional reforms a day after the
government passed an executive order to ease land-
acquisition rules. The S&P BSE Se nsex and CNX Nifty ended
0.03%-0.02% higher each.
Further, Lanco Infratech rose 4.27%, after the firm said that
its board passed circular resolution approving the allotment
of 5.45 crore shares at an issue price of Rs6.23 per share to
ICICI Bank as per CDR package for the firm.
IDBI Bank rose 2.74%, after the bank said that its board has
approved the sale of bank's part or whole shareholding of
48.18 lakh shares in Credit Analysis & Research in one or
more lots.
GLOBAL FACE
Asian shares got off to a lacklustre start on a sharp selloff in
commodities and political uncertainty in Greece made
investors less willing to take risks in the final trading days of
2014.
European shares fell on led by energy companies as Brent oil
fell to a fresh 5-1/2-year low on persistent worries about a
global supply glut.
US stock index futures poised for a lower opening at the Wall
Street on Tuesday.
INDICES CLOSE PREVIOUS
SENSEX 27403.54 27395.73
NIFTY 8248.25 8246.30
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 17450.77 17729.84
HANG SENG 23501.10 23773.18
KOSPI 1915.59 1927.86
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8251.10 0.16
S&P CNX 500 6733.75 0.23
CNX MIDCAP 12470.95 0.49
CNX 200 4259.75 0.20
BANK NIFTY 18647.55 0.64
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
BHEL 259.00 1.77
DRREDDY 3188.50 1.52
BANK BARODA 1084.00 1.46
NTPC 142.10 1.43
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
HEROMOTOCO 3090.15 -1.90
TATA STEEL 396.50 -1.88
CAIRN 234.95 -1.78
JINDAL STEL 151.60 -1.75
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
8213 8263 8294 8312 8344 8362 8412
NIFTY
SUPPORT RESISTANCE
S1-8275 R1-8370
S2-8210 R2-8475
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
18233 18494 18666 18754 18927 19015 19276
BANK NIFTY
SUPPORT RESISTANCE
S1-18575 R1-18920
S2-18410 R2-19165
SCRIPT CLOSE
CHANGE
(%)
TCS 2530.05 0.28
HDFC BANK 956.45 0.5
SBIN 309.75 0.72
INFOSYS 1966.35 0.44
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
ONGC 341.65 [1.51]
ITC 368.30 [0.42]
RELIANCE 880.15 [1.88]
COAL INDIA 382.55 [1.12]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 1684.45 1406.53
DII 971.74 810.87
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 27 23
BANK NIFTY 11 1
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
stake sale in CARE—sentimentally positive Board of IDBI Bank has
approved whole or part sale of 48 lakh shares (16.7% stake) held in
rating agency CARE
Tata Steel: Iron ore impacts
production and profitability in Q3
Tata Steel, iron ore impacted production and profitability in the
current quarter Company suspension of a blast furnace for over a
month at its Jamshedpur facility for want of iron ore impacted
production and profitability in the current quarter (Q3FY2015).For
the current quarter, mining operations in Noamundi Iron Ore mine in
Jharkhand was suspended for the entire period and four mines in
Odisha including the Joda iron ore mine was suspended for a
month. Sentimentally negative for Tata Steel.
L&T Construction wins orders worth
Rs2521 Crores
L&T Construction Wins Orders Valued Rs2521 Crores – Positive for
L&T, The Building & Factories business of L&T Construction has
bagged orders worth Rs 2521 crores in the month of December
2014 in both the domestic & international markets. The key new
orders include.
RBI plans to bring govt owned
NBFCs under prudential regulations
RBI plans to bring govt owned NBFCs under prudential
regulations—negative for PFC, REC ,RBI in its financial Stability
reported suggested that there is need to bring government owned
NBFCs on par with regulations applicable to other NBFCs.
Presently the framework on provisioning, capital adequacy, asset
classification etc for government owned NBFCs is softer compared
to other NBFCs.
Government to raise stake in IFCI to
51%
IFCI will now be back in the government fold as Union cabinet has
approved Rs60-crore equity infusion in the entity to raise its
shareholding to 51% from 47.93% at present.Under the present
circumstances, the governments say in company will help to draft
revival plan for the IFCI which is positive development.
IDBI Bank gains 3% as Board
approves stake sale in CARE
Shares of IDBI Bank gain nearly 3% on NSE after its Board approved
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