2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended marginally lower, amid
a volatile trading session, dragged by ITC while metal shares
witnessed a sell off tracking weak commodity prices on rising
concerns over global growth.
Further, Tata Teleservices (Maharashtra) hit 20% upper
circuit on reports that the company's parent will be allowed
to pay more than a fair price to buy out NTT Docomo Inc's
stake.
LIC Housing Finance fell 1.89%, after net profit rose 5.43% to
Rs344.34 crore on 15.12% growth in total income to
Rs2735.78 crore in Q3 December 2014 over Q3 December
2013.
GLOBAL FACE
Asian share average fell 1.7% as investors held back due to
concerns over plunging oil prices while Hong Kong shares fell,
in line with most regional markets hurt by declining
commodity prices and after the city's chief executive said the
government will suspend an immigrant investor programme.
European shares fell at the open, mirroring a slump in copper
and oil prices after the World Bank cut its global growth
forecast for this year.
US stock index futures poised for a lower opening at the Wall
Street on Wednesday.
INDICES CLOSE PREVIOUS
SENSEX 27346.82 27,425.73
NIFTY 8277.55 8299.40
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 16,795.96 17,087.71
HANG SENG 24,112.60 24,215.97
KOSPI 1,913.66 1,917.14
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8,277.55 -0.26
S&P CNX 500 6,787.15 -0.21
CNX MIDCAP 12,616.75 -0.22
CNX 200 4,288.30 -0.21
BANK NIFTY 18,603.80 -0.55
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
BHEL 270.80 5.17
HUL 930.15 5.16
ULTRACEMCO 2,909.00 3.21
ACC 1,483.95 2.93
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
SSLT 186.95 -8.63
HINDALCO 142.05 -6.36
TATASTEEL 375.95 -3.97
ITC 348.45 -3.24
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
8100 8190 8233 8280 8323 8370 8459
NIFTY
SUPPORT RESISTANCE
S1-8205 R1-8385
S2-8155 R2-8435
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
18134 18418 18554 18702 18838 18986 19270
BANK NIFTY
SUPPORT RESISTANCE
S1-18520 R1-18850
S2-18385 R2-18965
SCRIPT CLOSE
CHANGE
(%)
TCS 2521.95 0.96
ONGC 344.05 1.21
INFOSYS 2128.65 1.90
HDFC BNK 963.90 0.06
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
ITC 347.80 [3.42]
RELIANCE 834.95 [0.97]
SBIN 304.70 [0.13]
ICICI BANK 336.90 [1.17]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 4248.3 4318.04
DII 1647.21 1871.19
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 20 29
BANK NIFTY 2 9
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
300MW project at Haldia ,West Bengal being executed by Haldia
Energy, a 100% CESC subsidiary, has been synchronized and
the power generated at the station is now flowing to Kolkata
through a 84km long transmission line.
Maharashtra to punish sugar
factories for not paying FRP
The M.H. govt would punish sugar factories not paying the fair
and remunerative price (FRP) to cane growers. It also threatens
to seal godowns of sugar factories for non-payment of FRP. The
govt’s action comes after a section of sugarcane growers in Pune
launched a violent agitation. They had gone on the rampage at
the state sugar commissionerate.
Tata Sons wins RBI approval to buy
DoCoMo stake in JV
RBI has allowed conglomerate Tata Sons Ltd to buy Japanese
telecom firm NTT DoCoMo Inc's stake in their struggling Indian
venture, paving the way for the completion of the long-delayed
$1.1 billion deal. The RBI approval, also confirmed by a source
directly involved in the process, is part of the govt's bid to simplify
and scrap some of the more obscure rules that have curbed
foreign investment.
Yes Bank Q3 no.s marginally better;
net profit up 30%
Yes Bank reported net profit of Rs540 crore (up 30% YoY) largely
contributed by a strong growth in net interest income (up 37% YoY).
The non interest income also showed strong growth of 38% (YoY)
which supported growth in profits. Asset quality showed marginal
deterioration on QoQ basis (net addition of Rs56 crore in gross NPA),
though its asset quality remain among the best in the industry.
LIC Housing Q3 net profit up 5% (YoY)
LIC Housing Finance reported net profit growth of 5% YoY (Rs344.3
crore) mainly due to deferred tax liability of Rs34 crore (ex DTL profit
growth was at 16% YoY).The net interest income grew at healthy rate
of 20% YoY driven by expansion in margins and pick up in loan
growth. Non interest income increased by 5.5% YoY (8.6% QoQ).The
operating profit growth was healthy ~18% YoY. The provisions were at
Rs6.8 cr Vs -7.5 crore in Q3FY14.
CESC announces synchronisation of
300 MW Haldia Unit
CESC announced that the first 300 MW Thermal Power Unit of 2 x
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