2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended lower weighed down by IT majors while rate sensitive shares witnessed profit taking after the RBI decided to keep key rates unchanged at its policy review today. In the broader market, both BSE midcap and smallcap indices with gains of 0.9% and 0.5% each outperformed their larger peers.
Further, Sun Pharma Advanced Research Company rose 9.61% after the company said US drug regulator issued a complete response letter to its new drug application for Latanoprost BAK-free eye drops.
MOIL rose 1.52%, after the company said that Government of India has granted approval for company's mining lease for manganese ore over an area of 48.974 Ha land at Balaghat District in Madhya Pradesh.
GLOBAL FACE
Asian shares gained as a rebound in the crude oil price gave resource-related sectors a breather, but Tokyo shares bucked the trend and slipped as the yen's losing streak was tempered.
European stock markets rose , helped by a rebound in energy stocks after crude oil prices bounced late on Monday from 5- year lows.
US stock index futures poised for a higher opening at the Wall Street on Tuesday.
INDICES
CLOSE
PREVIOUS
SENSEX
28444.01
28,559.62
NIFTY
8524.70
8,555.90 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
17,663.22
17,590.10
HANG SENG
23,654.30
23,367.45
KOSPI
1,965.83
1,965.22 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
8493.85
-0.22
S&P CNX 500
6895.70
-0.03
CNX MIDCAP
12,482.40
0.99
CNX 200
4371.55
-0.09
BANK NIFTY
18,555.85
0.16 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
JINDALSTEL
142.35
4.90
HINDALCO
171.80
2.63
NMDC
137.15
2.05
IDFC
160.70
1.93 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
BPCL
715.50
-3.88
ASIANPAINT
773.00
-3.02
GAIL
465.75
-2.64
M&M
1263.00
-2.48
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
8474
8499
8529
8555
8585
8640 NIFTY SUPPORT RESISTANCE
S1-8530
R1-8605
S2-8450
R2-8665 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
17967
18278
18464
18589
18775
18900
19211 BANK NIFTY SUPPORT RESISTANCE
S1-18400
R1-18780
S2-18245
R2-18895
SCRIPT
CLOSE
CHANGE (%)
RELIANCE
962.65
0.11
ITC
365.80
0.33
COAL INDIA
355.75
0.55
ICICI BANK
1770.50
0.7 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2657.30
[1.32]
ONGC
360.50
[1.08]
HDFC BANK
943.30
[0.71]
HDFC
1125.10
[1.09] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
3570.7
3463.88
DII
1513.18
1553.6 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
25
25
BANK NIFTY
8
4
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
After report said that Dashtag, its promoter, has dropped plans to de-list the company.The stock has hit a high of Rs1601 and a low of Rs1417.Total traded quantity on the counter stood at over 2595 shares.
Syndicate Bank raises Rs750 crore
Manipal-based public sector lender Syndicate Bank has raised Rs750 crore by issuing unsecured redeemable non-convertible Basel-III compliant Tier-II bonds in the nature of debentures. The coupon rate is fixed at 8.95% payable annually. The issue, which opened on November 26, 2014, closed for subscription on Monday. The bonds will mature on December 2, 2024. The issue is fully subscribed.
Coal India announces the provisional production and off take performance
The Company and its subsidiaries have achieved 97% of the targeted coal production in Nov 2014 at 44.42 mn tonnes. For the period April-Nov 2014, the coal production achieved stood at 97% of the targeted coal production at 295.38 mn tonnes. The Company and its subsidiaries have achieved 96% of the targeted off take at 45.57 mn tonnes in Nov 2014.
Tata Motors November 2014 volumes up 2.1% YoY
Tata Motors volumes were up 38.5% YoY at 9,452 units. Light Commercial Vehicle (LCV) volumes continued to fall and were lower by 20.2% at 15,954 units. The LCV segment especially the sub 2mt category continues to remain under pressure. Domestic passenger Vehicle (PV) volumes were up 15.9% at 12,021 units. While the Utility Vehicles (UV) segment continues to fall, dispatches of the newly launched Zest boosted volumes.
Govt hikes excise duty on petrol, diesel
India on Tuesday raised factory gate duties on petrol by Rs2.25 ($0.04) per litre and on diesel by Rs1 rupee per litre with immediate effect, the finance ministry said in a statement to parliament.The increases, which follow similar hikes in mid-November, seek to take advantage of a slump in world oil prices to shore up government revenues without stoking inflation.
Fulford India stock hits 20% lower circuit
Shares of Fulford India Ltd slipped 20% lower circuit at Rs1417
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
