Daily Equity Report
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INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK recouped from their day's lows
in late trades to end at fresh record closing highs on hopes that
the Finance Minister in his maiden Budget next week would
announce reforms to revive economic growth.
Further, Cairn India signed up Halliburton Company, a US
multinational, for a Rs 1,200-crore contract to drill 100 wells at
the Rajasthan on land block over the next 18 months.
Hindalco Industries fell 1.24% on reports a foreign brokerage
maintained its underweight rating on the stock.
GLOBAL FACE
Asian stock markets rose to a three-year peak, though the
dollar inched away from overnight highs hit on U.S. jobs data
which underscored the strength of the economic recovery.
European stocks opened lower, after strong gains were posted
on Thursday following comments by European Central Bank
President Mario Draghi and as downbeat German factory data
weighed.
U.S. stocks markets climbing on an upbeat June jobs report, a
day after private-sector employment data beat market
expectations as well.
INDICES CLOSE PREVIOUS
SENSEX 25962.06 25823.75
NIFTY 7751.60 7714.80
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 15437.13 15348.29
HANG SENG 23546.36 23531.44
KOSPI 2009.66 2010.97
SECTORIAL INDICES
INDICES CHANGE (%)
CNX 100 7720.30 0.44
S&P CNX 500 6297.60 0.49
CNX MIDCAP 11421.35 0.54
CNX 200 3982.20 0.46
BANK NIFTY 155561.15 0.68
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
POWERGRID 145.95 3.88
RELIANCE 1034.70 2.80
HDFCBANK 856.10 2.31
DRREDDY 2679.00 1.51
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
ACC 1448.00 -2.17
SSLT 305.15 -1.75
WIPRO 546.00 -1.71
JINDAL STEEL 324.25 -1.68
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CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP)
OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com
Daily Equity Report
r Capital stars Market Analysis & Research Team
MARKET MOVERS UPSIDE NIFTY SPOT
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
7530 7626 7689 7723 7785 7820 7917
NIFTY
SUPPORT RESISTANCE
S1-7660 R1-7785
S2-7620 R2-7820
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
14943 15268 15470 15592 15795 15917 16242
BANK NIFTY
SUPPORT RESISTANCE
S1-15360 R1-15750
S2-15190 R2-15995
SCRIPT CLOSE
CHANGE
(%)
ONGC 421.80 0.9
RELIANCE 1031.95 2.5
ITC 333.40 0.6
HDFC BANK 856.65 2.4
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2410.50 [0.3]
COAL INDIA 394.15 [0.5]
LT 1742.70 [0.6]
TATA MOTOR 469.45 [0.1]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 5200.31 5007.75
DII 1209.54 1833.75
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 26 24
BANK NIFTY 6 6
www.capitalstars.com *Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP)
OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com
Daily Equity Report
r
Capital stars Market Analysis & Research Team
MARKET TALKS
for mobilization in one or more tranches of Rs. 4000 crore .
Jain Irrigation gains on Rs 100 cr HP
govt order
Jain Irrigation Systems has moved higher by 4% after the company
said it has been issued a Letter of Intent for project by Himachal
Pradesh (HP) government involving an outlay of approximately Rs
100 crore. The project is a unique concept of integrated micro
irrigation system in hilly terrain and will be a one of its kind project in
the world.
United Bank stock surges 13%
Shares of United Bank of India ended 13% higher to Rs 59, on back
of heavy volumes. The stock has hit a high of Rs61 and a low of
Rs50.the company is planning to raise around Rs 1,600 crore and
received shareholders nod for this proposed capital raising
exercise.
Bharti Airtel rises over 2%; FIIs can
invest upto 74% in co
Shares of Bharti Airtel, the largest telecom operator in India, gained
more than 2 percent after the Reserve Bank of India allowed foreign
institutional investors (FIIs)/registered foreign portfolios investors
(RFPIs) to invest up to 74 percent of the paid up capital of company
under the portfolio investment scheme.
Amtek Auto stock down 5%
Shares of Amtek Auto were down 5% after report stated that
Citigroup sold over two million shares worth Rs 53 crore of the
company through open market. Earlier On July 3, 2014 Citigroup
Global Markets Mauritius Private Limited has sold 2.07 million
shares representing 0.95% of total equity of Amtek Auto at a price
of Rs 255.93.
IDBI Bank to raise Rs. 4,000 crore
in FY15
IDBI Bank at its meeting held on July 04, approved the proposal
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www.capitalstars.com *Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP)
OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com
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