2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended with marginal losses on Wednesday extending their losing streak to third consecutive trading session. Today's fall was led by the IT stocks. Oil marketing companies like IOC, BPCL and HPCL were in demand thanks to sharp decline in crude oil prices. Crude oil prices lost momentum and touched nearly US$90 per barrel, hitting a 27-month low.
Further, the healthcare index saw some sell off following reports that US Congress has commenced investigation into price hikes of 10 select generic drugs.
IT shares declining the most led by Infosys amid reports of downgrade by global financial services major Citigroup.
GLOBAL FACE
Asian markets have mostly slipped came in response to more weak German data and the IMF's decision to cut its growth forecast for the global economy.
European stock markets fell for a second day, pushing world share indexes back towards their lowest in six months as concern mounts over the strength of global economic growth.
US stock index futures poised for a lower opening at the Wall Street on Wednesday.
INDICES
CLOSE
PREVIOUS
SENSEX
26,246.79
26,271.97
NIFTY
7,842.70
7,852.40 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
15,595.98
15,783.83
HANG SENG
23,263.33
23,422.52
KOSPI
1,965.25
1,972.91 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
7,780.55
-0.11
S&P CNX 500
6,316.65
-0.13
CNX MIDCAP
11,226.35
-0.18
CNX 200
3,992.85
-0.12
BANK NIFTY
15,355.80
1.16 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
DLF
148.40
4.80
INDUSINDBK
626.95
4.58
TATA STEEL
457.00
3.83
BPCL
203.00
2.81 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
TECHM
2,395.00
-4.74
INFY
3,650.25
-4.73
DRREDDY
2,960.00
-4.49
WIPRO
590.95
-4.45
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
7734
7788
7815
7842
7869
7896
7951 NIFTY SUPPORT RESISTANCE
S1-7810
R1-7870
S2-7780
R2-7950 BANK NIFTY FUTURE TREND STRATEGY
BEARISH
SELL ON HIGH PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
14783
15074
15259
15365
15550
15656
15947 BANK NIFTY SUPPORT RESISTANCE
S1-15180
R1-15560
S2-14960
R2-15780
SCRIPT
CLOSE
CHANGE (%)
ONGC
406.15
2.37
RELIANCE
936.70
1.14
ITC
365.70
0.81
COAL INDIA
341.70
0.04 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2683.20
[1.76]
INFOSYS
3650.15
[4.73]
SUN PHARMA
800.80
[4.2]
BHARTIARTL
399.70
[0.92] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
3252.99
4693.98
DII
1937.08
1273.99 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
31
19
BANK NIFTY
10
2
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
Touching to Rs94.65, after the company said it received an order worth approximately Rs305.13 crore for constructing water system for a thermal power project.
BEML bags Rs570 cr Order from DMRC
BEML has bagged a prestigious Order of Rs570 cr from Delhi Metro Rail Corporation for the supply of 70 Cars which are in addition to 92 Cars being manufactures for Delhi Metro. BEML has forayed into the manufacture and supply of hi-tech Metro Cars during 2002. Since then, BEML had made significant strides and emerged as the preferred destination of Metro Coach Manufacturer in the Country..
Automobile sales in Sept 2014: Two- wheelers and heavy trucks impress
The domestic automobile industry entered the festive season on an optimistic note considering the turnaround in fortunes over the past three-four months. September was a crucial month for the industry as the dealer inventories were stocked up for the festive season which began in the last week of the month. With the festive season falling about a month earlier this year as compared with the last year, the reported volumes have to be adjusted for seasonality.
Bharat Forge, RIL close up; bag defense deals
Shares of Bharat Forge and Reliance Industries gained 1% in the early trades today on BSE after the Department of Industrial Policy and Promotion (DIPP) under ministry of commerce and industry cleared 33 big ticket defense deals on Tuesday, out of which 19 proposals were related to foreign direct investment (FDI). Some of the large scale defense deals that were approved by DIPP,
BPCL clarifies on global bids, stock up
Bharat Petroleum Corporation has clarified to the exchange that the company, Indian Oil Corporation, Hindustan Petroleum Corporation and Gujarat State Petroleum Corporation are in discussions with international gas suppliers for long term supply arrangement based on market conditions which are part of regular business process. There is no proposal at present for bidding jointly for blocks abroad
McNally Bharat gains after receiving order
Shares of McNally Bharat Engineering Company rose over 5%,
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved.
DISCLAIMER
