Daily Equity Report 10 May 2019

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
DAILY EQUITY REPORT
10TH
MAY 2019
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of
future performance.

INDIAN MARKET
CLOSE PREVIOUS
NIFTY
CLOSE PREVIOUS
NIKKEI
2102.01 2168.01
SECTORIAL INDICES
CLOSE CHANGE (%)
CNX 100
S&P CNX 500 9299.75
4695.55
CNX 200 5859.75
BANK NIFTY
TOP GAINERS
CLOSE CHANGE (%)
8.40
YESBANK 6.47
BAJAJFINSV 2.02
BAJFINANCE 1.63
TOP LOSERS
CLOSE CHANGE (%)
RELIANCE
COALINDIA
ASIANPAINT
Daily Equity Report
INDIAN FACE
!
INDIAN EQUITY BENCHMARK - It is another weak closing
for the Indian stock market as benchmark indices finished
lower for seventh straight day. Nifty broke the 11,300 level
during intraday and touched a low of 11,255.05. At close, the
Sensex was down 230.22 points at 37558.91, while Nifty was
down 57.70 points at 11301.80. About 1074 shares have
advanced, 1370 shares declined, and 150 shares are
unchanged. Top losers on the Nifty were Reliance Industries,
BPCL, Coal India, Asian Paints and NTPC, while gainers
include Zee Entertainment, Yes Bank, Bajaj Finserv, Bajaj
Finance and Hero Motocorp. Among sectoral indices metal,
infra, energy, pharma and bank ended in red, while some
buying seen in the IT and FMCG.
GLOBAL FACE
!
Asian Market - Asian markets finished broadly lower today
with shares in Hong Kong leading the region. The Hang Seng
is down 2.39% while China's Shanghai Composite is off 1.48%
and Japan's Nikkei 225 is lower by 0.93%.
!
U.S. Market – North and South American markets finished
mixed as of the most recent closing prices. The Bovespa
gained 1.28%, while the IPC led the S&P 500 lower. They fell
0.40% and 0.16% respectively.
!
European markets – The pan-European STOXX Europe 600 was
1.5% lower at the closing bell, with most sectors and
major bourses seeing heavy losses. Thomas Cook shares
climbed more than 6% after Lufthansa confirmed it will make
a non-binding offer for the British group's Condor, with an
option to acquire its remaining airlines.
future performance.

Daily Equity Report
MARKET MOVERS UPSIDE
SCRIPT CLOSE
(%)
ZEEL 8.40
TITAN 1.33
1.01
GAIL 0.92
CLOSE
(%)
-3.56
NTPC -2.29
-1.85
ADANIPORT -1.76
NET BUY NET
(CR.) SELL (CR)
5011.57
DII 3411.50
NSE TOTALS
ADVANCE
S
NIFTY
BANK NIFTY 7
NIFTY SPOT
TREND STRATEGY
PIVOT POINTS
S3 S2 R1 R2 R3
11099 11202 11252 11304 11354 11407 11509
S1-11177 R1-11444
S2-11025 R2-11560
STRATEGY
SELL ON RISE
PIVOT POINTS
S1 P R1 R2 R3
28511 28763 28876 29015 29128 29267 29519
RESISTANCE
BANK NIFTY
future performance.

Daily Equity Report
!
Reliance MF sells pledged shares of Zee
!
Apollo Tyres Q4FY19 PAT down 66%
yoy Enterprise
Shares of Apollo Tyres were trading 4% down on
Thursday after the company registered a fall of 66% yoy in
PAT for Q4FY19 at Rs83.99cr vs. Rs250.1cr in the same
period a year ago. The companys revenue for Q4FY19 rose
5% at Rs4,273cr vs. Rs4,033.6cr in the same period a year
ago. Further, the companys EBITDA dropped 18% yoy at
Rs423cr. Margin for the quarter stood at 9.8% vs. 12.8% in
the corresponding period last year. The company
registered one-time loss of Rs100cr due to IL&FS.
!
PNB Housing Finance gains 1% on reports of
CCI approving General Atlantic's acquisition
Reliance Mutual Fund has sold shares worth Rs410cr of
Zee Entertainment Enterprises that the promoters Essel
Group had pledged with the asset manager to raise
money, media reports stated. Reliance had sold the
shares of the company in opening market on Wednesday,
which led to a sharp fall in Zees stocks.
Shares of PNB Housing Finance were trading 1% higher on
Thursday after a PTI report stated that the Competition
Commission (CCI) approved the acquisition of 6.5% by
General Atlantic Group in PNB Housing Finance in an
Rs925cr deal. PNB in March had said that it will sell 6.5%
of its stake in PNB Housing Finance to global private
equity firm General Atlantic Group. PNB had entered into
an agreement for sale of 1,08,91,733 equity shares held in
PNB Housing Finance (PNBHF) to General Atlantic Group
at Rs850/share for Rs925.80/, reports added.
!
Varun Beverages Q1CY19 PAT at Rs40cr
Varun Beverages, in its press note to the exchanges on Thursday,
informed that the company registered 102.9% yoy growth in
PAT for the first quarter of calendar year 2019 at Rs40cr. The
companys revenue from operations (net of excise / GST) grew
24.1%yoy to Rs1,359.2cr as compared to Rs1,094.8cr. Total sales
volumes were up 12.3%yoy at 9.03cr unit cases in Q1CY19 as
compared to 8.04cr unit cases in Q1CY18. EBITDA increased by
26.5% yoy to Rs218.38cr in Q1CY19 from Rs172.69cr in Q1CY18.
future performance.

Daily Equity Report
NAME OF THE STOCK : WELCORP
DATE : 10/05/2019
SEGMENT : CASH
CHART TYPE : Candlestick
EXCHANGE : NSE
TECHNICAL INDICATORS USED : VOLUME.MACD,RSI.
CHART
INVESTMENT ADVICE:
CALL CS CALL:- BUY WELCORP IN CASH ABOVE 141 TGT 144 SL 138.50
RATIONALE FOR ARRIVING INVESTMENT ADVICE :
TECHNICAL VIEW : THE STOCK TECHINCALLY IS UP ,TAKING SUPPORT OF VOLUME.RESISTANCE IS BROKEN TODAY
WITH HEAVY VOLUME.AS WELL AS A POSSIBILITY OF UPWARD MOVEMENT IS THERE.
OTHER REASON IF ANY :- SHOWING STRENGTHS IN INTRADAY CHARTS AS WELL.
future performance.

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information given herein should be treated as only factor, while making investment decision. The
report does not provide individually tailor-made investment advice. My research recommends that
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seek the advice of a financial adviser. Capitalstars shall not be responsible for any transaction
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of regulators. The price projections shown are not necessarily indicative of future price performance.
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future performance.

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future performance.

Daily Equity Report 10 May 2019

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