2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK retreated from a record high
as blue-chips fell on risk aversion in global markets after gold
and oil tumbled, while caution also prevailed a day ahead of
the central bank's policy review. The BSE Sensex and the CNX
Nifty ended 0.47%-0.38% lower each.
Further, Mangalore Chemicals & Fertilisers rose 9.38%, after
the firm said that Dr. Vijay Mallya, a director on the board of
directors of the company, has resigned with immediate effect.
TVS Motor Company surged 3.25% after the company said its
total sales rose 36% to 2.20 lakh units in November 2014
over November 2013.
GLOBAL FACE
Japan's Nikkei index closed at its highest level for two weeks,
with exporters boosted by a weaker yen and airlines helped
by falling oil prices.
European shares fell as weak Chinese and euro zone economic
data contributed to a rout in the commodities market and
early indications of disappointing sales at the start of the U.S.
holiday shopping season
US stock index futures poised for a lower opening at the Wall
Street on Monday.
INDICES CLOSE PREVIOUS
SENSEX 28559.62 28693.99
NIFTY 8555.90 8588.25
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 17590.10 17459.85
HANG SENG 23367.45 23987.45
KOSPI 1965.22 1980.78
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8513.00 0.32
S&P CNX 500 6898.05 0.29
CNX MIDCAP 12360.15 0.23
CNX 200 4375.70 0.29
BANK NIFTY 18525.30 0.07
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
ASIANPAINT 799.00 7.29
HEROMOTOCO 3266.60 3.79
DLF 154.35 3.52
INDUSINDBK 772.10 2.88
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
JINDAL STEL 135.00 -4.05
NMDC 134.40 -3.97
ONGC 365.20 -3.74
HINDALCO 168.05 -3.45
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
8418 8496 8526 8574 8604 8652 8730
NIFTY
SUPPORT RESISTANCE
S1-8575 R1-8670
S2-8515 R2-8725
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
18207 18387 18456 18566 18635 18745 18924
BANK NIFTY
SUPPORT RESISTANCE
S1-18555 R1-18785
S2-18450 R2-18915
SCRIPT CLOSE
CHANGE
(%)
TCS 2692.95 1.89
ITC 364.60 0.4
ICICI BANK 1758.15 0.21
HIND.UNIL 808.65 2.87
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
ONGC 364.45 [3.94]
RELIANCE 961.60 [3.03]
INFOSYS 4349.85 [0.23]
SBIN 319.60 [0.56]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 4336.73 4349.09
DII 1572.33 2127.5
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 18 31
BANK NIFTY 5 6
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
Oil prices and ICRA upgrading the rating on the company's Rs3210
crore loan facility. Ratings agency ICRA has upgraded the long-
term rating assigned to the Rs3210 crore,
Eicher Motors announces sales
figures for subsidiary
Eicher Motors has announced the sales figures of VE Commercial
Vehicles, a subsidiary of the Company for the month of Nov 2014.
Total sales stood at 2278 units in Nov 2014 as compared to 2244
units in Nov 2013, registering a growth of 23.8%. Domestic sales
stood at 2233 units recording a growth of 15.8% in Nov 2014 over
Nov 2013. Exports were 545 units, registering a growth of 72.5%,
for the month of Nov2014 over Nov 2013.
Sun-Ranbaxy merger: CCI asks
companies to provide remedy
Competition commission of India has asked the Sun Pharma and
Ranbaxy to suggest alternative remedy to ensure the competition in
not hampered. The CCI is also working with the concerned parties
to minimize the impact on competition before clearing the merger
proposal. The tone of CCI seems conciliatory and that hints at likely
clearance of merger by CCI with a minor change in terms.
Q2FY15 GDP growth came in ahead
of estimates at 5.3%
The GDP growth for Q2FY15 came in ahead of estimates at 5.3%
suggesting gradual recovery in economy. The manufacturing sector
showed a moderated growth (0.1% Vs 3.5% QoQ), though agri
sector showed a better growth (3.2% Vs 3.8%).Going ahead, focus
will turn on RBIs, monetary policy on Tuesday as expectations have
built in with respect to increased clarity on rate cuts ,
Maruti Suzuki Nov 2014 volumes up
19.5% (YoY); beat estimates
Maruti Suzuki reported a strong 19.5% (YoY) growth in dispatches
for the month of Nov 2014 to 110,147 units. Domestic volumes were
higher by 17% (YoY) at 100,024 units. The domestic volumes were
buoyed by the dispatches of the refreshed Swift launched in Oct
and the new Alto K10, with auto transmission, launched in Nov. The
mini segment volumes were flat (YoY) at 37,746 units, while the
compact segment volumes rose 13.8% (YoY) to 37,339 units.
Jet Airways maintains uptrend
Jet Airways gained nearly 10% to Rs354, following drop in crude
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