2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK after enjoying a really long weekend, cracked sharply on Tuesday. The Sensex and Nifty ended at a 2-month closing low amid all round selling witnessed across sectors. Weak global cues dampened the sentiment on the street. European stock markets along with the Asian peers fell sharply after industrial output in Germany slumped 4% in August.
Further, Infosys, which is set to report its second-quarter earnings on Friday, fell 0.4 percent.
Shares of Cipla were down 4%. The Company announced signing of a definitive agreement with its existing Iranian distributor for setting up a manufacturing facility in Iran.
GLOBAL FACE
Asian stocks rose, while the dollar languished after investors locked in some gains on its recent rally.
European shares dipped for second day of weak German data sent European markets into retreat on Tuesday with stocks. The euro and periphery euro zone government debt all knocked by the mounting evidence of an abrupt slowdown in the bloc's economic engine room.
US stock index futures poised for a lower opening at the Wall Street on Tuesday.
INDICES
CLOSE
PREVIOUS
SENSEX
26,271.97
26,567.99
NIFTY
7,852.40
7,945.55 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
15,783.83
15,890.95
HANG SENG
23,422.52
23,315.04
KOSPI
1,972.91
1,968.39 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
7,789.30
-1.20
S&P CNX 500
6,324.85
-1.14
CNX MIDCAP
11,246.90
-1.11
CNX 200
3,997.70
-1.17
BANK NIFTY
15,180.25
-0.89 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
NTPC
141.30
1.62
GAIL
444.00
1.16
POWERGRID
137.40
1.07
TATA POWER
81.55
0.93 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
DLF
141.85
-5.68
NMDC
157.65
-5.57
JINDALSTEL
162.40
-4.92
HINDALCO
147.65
-4.90
3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
BEARISH
SELL ON HIGH PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
7759
7866
7915
7973
8022
8080
8187 NIFTY SUPPORT RESISTANCE
S1-7840
R1-8030
S2-7780
R2-8045 BANK NIFTY FUTURE TREND STRATEGY
BEARISH
SELL ON HIGH PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
14929
15111
15172
15293
15354
15475
15657 BANK NIFTY SUPPORT RESISTANCE
S1-15150
R1-15420
S2-14960
R2-15560
SCRIPT
CLOSE
CHANGE (%)
ICICI BANK
1429.65
0.06
BHARTIARTL
403.40
0.05
TATAMOTORS
504.95
0.44
WIPRO
618.50
0.45 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2731.35
[1.59]
ONGC
396.75
[1.51]
RELIANCE
926.15
[0.11]
ITC
362.75
[0.37] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5056.61
5389.45
DII
1814.90
1487.25 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
7
43
BANK NIFTY
0
12
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
To a 27-month low. The stock has hit a high of Rs306 and a low of Rs291. Total traded quantity on the counter stood at over 2.21 lk shares.
Apollo Tyres stock ends 6 Percent higher
Shares of Apollo Tyres ended 6% higher to Rs 208 after the Reserve Bank of India said foreign investors can buy up to 45% stake in the tyre manufacturer."Foreign Institutional Investors Registered Foreign Portfolios Investors, through primary market and stock exchanges, can now purchase up to 45% of the paid-up capital of Apollo Tyres under the Portfolio Investment Scheme,"
SCI, GAIL close up; sign MoU for LNG imports
"Reference is drawn to the Corporate Announcement made by SCI on June 07, 2013 whereby it was informed that GAIL (India) Ltd and SCI had signed a Memorandum of Understanding (MOU) to cooperate for transportation of LNG sourced by GAIL from USA. It may be noted that the said parties have signed a MoU for working together on the tendering process for the shipping requirement of GAILs LNG import from USA.
GMR Infrastructure stock closed 11% higher
Shares of GMR Infrastructure ended higher by 11% at Rs19 after the company said the first 685 MW unit of GMR Chhattisgarh Energy Limited’s(GCEL) 1370 MW supercritical coal-based thermal power plant at Raikheda in Chhattisgarh’s Raipur District has successfully achieved synchronization with the grid on 2nd October, 2014.
Strides Arcolab Board recommends Special Dividend... ends 3% up
Strides Arcolab Ltd has announced that the Board of Directors of the Company at its meeting held on October 07, 2014, have approved A Special Dividend of Rs. 105/- (Rupees One Hundred Five Only) per equity share of Rs. 10/- each to the shareholders of the Company. The said Special Dividend will be paid on or after October 22, 2014.
Cairn India stock closes 4 Percent lower.
Shares of Cairn India ended 4% down to Rs 292, as Brent crude fell
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