2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK rose over 1 percent to a record
high as blue-chips such as ICICI Bank surged after Prime
Minister Narendra Modi vowed to fire up the bureaucracy to
deliver results, while easing wholesale inflation also helped.
Further, Tata Motors DVR jumped 5.6 percent after a report in
the Times of India newspaper that Indian exchanges may
consider admitting such shares on their benchmark indexes.
Jubilant Foodworks gained 6.2 percent after Bank of America
Merrill Lynch started coverage with a buy rating and a target
price of 1,375 rupees, saying the company is in a "sweet spot"
in the large and high-growth quick service restaurants
market.
GLOBAL FACE
Asian stock markets stalled and the dollar sagged against the
safe-haven yen on Monday, as another bout of tensions in the
Ukrainian conflict sapped investor confidence.
European stocks market sharply higher, as expectations for
fresh easing measures by the European Central Bank boosted
demand for European equities.
U.S. stocks market set to storm on as EU yields drop, conflicts
threaten.
INDICES CLOSE PREVIOUS
SENSEX 26390.96 26103.23
NIFTY 7874.25 7791.70
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 15322.60 15318.34
HANG SENG 24955.46 24954.94
KOSPI 2053.13 2063.22
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 7802.90 1.14
S&P CNX 500 6294.10 1.26
CNX MIDCAP 10988.25 1.65
CNX 200 3996.45 1.20
BANK NIFTY 15439.75 2.32
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
BPCL 646.60 5.42
CIPLA 471.25 5.05
ONGC 429.80 4.80
AXIS BANK 395.85 4.78
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
ITC 350.20 -1.86
INFY 3558.00 -1.51
HDFC 1112.00 -1.09
HCL TECH 1522.00 -1.04
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
7642 7743 7808 7844 7910 7945 8047
NIFTY
SUPPORT RESISTANCE
S1-7780 R1-7910
S2-7740 R2-7945
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
14510 14919 15187 15328 15595 15736 16145
BANK NIFTY
SUPPORT RESISTANCE
S1-15060 R1-15505
S2-14875 R2-15650
SCRIPT CLOSE
CHANGE
(%)
ONGC 431.30 5.17
RELIANCE 1013.05 1.01
COAL INDIA 363.70 2.03
HDFC BANK 832.35 0.68
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2487.60 [0.49]
ITC 350.65 [1.74]
INFY 3559.80 [1.46]
HDFC 1112.55 [1.05]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 5200.31 5007.75
DII 1487.34 1351.59
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 42 8
BANK NIFTY 12 0
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
BPCL and IOC were up 6-7 percent while even OIL and ONGC
gained 3 percent each intraday on Monday as Brent Crude October
Futures was down 0.8 percent at USD 102.7 per barrel.
ITC slips on buzz of anti-tobacco
laws
Shares of ITC is trading lower by nearly 2.4% in otherwise firm
market on concerns of cigarette business may decline due to recent
price hike. Cigarettes business accounted about 41% of total
revenue of ITC. According to reports the Centre is planning to
introduce tougher provisions under law to curb tobacco
consumption in the country.
Reliance Capital Q1 net profit at
Rs1640 mn
Reliance Capital Ltd has posted a profit after taxes, minority interest
and share of profit / (loss) of associates of Rs. 1640 mn for the
quarter ended June 30, 2014 as compared to Rs. 1330 mn for the
quarter ended June 30, 2013. Total Income has increased from Rs.
19380 mn for the quarter ended June 30, 2013 to Rs. 21440 mn for
the quarter ended June 30, 2014.
Tata Power jumps 4%, MERC grants
25-yr distribution licence
Shares of Tata Power jumped over 4 percent intraday. Investors are
celebrating as state electricity regulator Maharashtra Electricity
Regulatory Commission (MERC) has granted 25 years distribution
licence to Tata Power for supplying power in city and suburban
areas. Tata Power has a consumer base of five lakh in Mumbai of
which nearly 65 percent are those consuming below 300 units per
month.
Tata Motors jumps 3% on JLR July
sales; Macquarie bullish
Shares of Tata Motors jumped 3 percent riding on its Jaguar Land
Rover July sales number. The luxury car business sold 39467 units
(up 12.2 percent) as compared to 35162 units in the same period
last fiscal. The stock has been on buyers’ radar after its April-June
quarter spectacular performance. Macquarie maintains an
outperform rating on the stock with a target of Rs 540 per share.
BPCL, HPCL, IOC rally 6-7% on
decline in crude prices
Shares of oil stocks are rallying on a decline in crude prices. HPCL ,
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