This document is a daily equity report from CapitalStars Financial Research Pvt. Ltd. summarizing the performance of the Indian stock market on July 31, 2014. Key points include: the Indian equity benchmarks rose, erasing losses from the prior two sessions; Bharti Airtel and Indoco Remedies shares increased over 5% and 13% respectively due to strong quarterly earnings results; Asian stocks were mixed while European stocks edged lower ahead of announcements from the US Federal Reserve.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
DAILY EQUITY REPORT
31ST
july 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Daily Equity Report
INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK rose on Wednesday, snapping a
two-session losing streak, Benchmark share indices staged a
recovery in late trades to end higher, ahead of the expiry of July
derivative contracts, as gains in private banking majors helped
offset losses in capital goods major L&T. The broader markets
ended mixed with BSE Midcap index up 0.35% whereas the
Small cap index fell 0.02%.
 Further, Bharti Airtel rose 5.26% after consolidated net profit
rose 60.91% to Rs1108.50 crore on 13.33% increase in total
revenues to Rs22962 crore in Q1 June 2014 over Q1 June 2013.
 Indoco Remedies jumped 13.95% after net profit surged
118.30% to Rs20.04 cr on 29.01% increase in income from
operations to Rs198.63 cr in Q1 June 2014 over Q1 June 2013.
GLOBAL FACE
 Asian stocks were mixed ahead of a rate announcement from
the Federal Reserve and on earnings news from Japan and
South Korea.
 European stocks edged lower, as markets were cautious ahead
of the Federal Reserve's policy statement later in the day and
the announcement of a new round of sanctions against Russia.
 U.S. stock rose investors sought bargains following a period of
weakness and looked ahead to data on economic growth and
comment from the Federal Reserve its latest policy meeting.
INDICES CLOSE PREVIOUS
SENSEX 26087.42 25,991.23
NIFTY 7,791.40 7,748.70
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 15,646.23 15,618.07
HANG SENG 24,732.21 24,640.53
KOSPI 2,082.61 2,061.97
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 7,711.30 0.59
S&P CNX 500 6232.60 0.53
CNX MIDCAP 10823.55 0.65
CNX 200 3954.20 0.58
BANK NIFTY 15452.40 1.58
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
LUPIN 1,180.00 5.48
BHARTIARTL 373.30 5.47
PNB 981.00 4.38
DLF 200.70 3.27
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
LT 1,526.10 -7.01
JINDALSTEEL 277.00 -1.83
TATAPOWER 99.60 -1.63
TECHM 2,157.00 -1.55

3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Daily Equity Report
r
MARKET MOVERS UPSIDE NIFTY SPOT
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
7583 7674 7733 7765 7824 7857 7948
NIFTY
SUPPORT RESISTANCE
S1-7715 R1-7800
S2-7680 R2-7840
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
14797 15081 15262 15365 15547 15650 15934
BANK NIFTY
SUPPORT RESISTANCE
S1-15100 R1-15470
S2-14900 R2-15660
SCRIPT CLOSE
CHANGE
(%)
TCS 2,595.05 0.2
ONGC 398.95 1.0
RELIANCE 1,006.15 0.1
ITC 359.25 0.6
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
SBIN 2,469.50 [0.8]
L&T 1,524.10 [7.1]
TATA MOTR 451.35 [0.6]
WIPRO 550.75 [1.1]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 6133.66 6515.32
DII 2453.02 1937.37
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 35 15
BANK NIFTY 10 2

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Daily Equity Report
r
MARKET TALKS
For the quarter ended June 30, 2014: Net profit up 29.16% at
Rs121.63 crore vs. Rs94.17 crore (YoY). Total Income up 4.19% at
Rs1254.24 crore vs. Rs1203.80 crore (YoY)
 BOI Q1 nos disappoints; Asset
Quality Weak
Bank of India has announced the following results for the quarter
ended June 30, 2014 (YoY): Net profit of the bank slipped by
16.43% to Rs805.69 crore Vs Rs964.18 crore (YoY). Total Income
increased by 16.52% to Rs11328.73 crore Vs Rs9722.01 crore
(YoY). Asset quality worsened in June quarter with the gross NPA
rising 24 basis points YoY (up 13 bps sequentially) to 3.28 % and
net NPA increasing by 4 bps Y-o-Y (up 14 bps Q-o-Q) to 2.14 %.
 Bharat Forge Q1 profit beats
estimates; Net profit up 60%
Bharat Forge has announced the following Unaudited results for the
quarter ended June 30, 2014: Net profit of the company rose by
60.01% to Rs144.97 crore Vs Rs90.60 crore (YoY). Total Income
increased by 22.41% to Rs1012.32 crore Vs Rs826.98 crore (YoY).
 IRB Infrastructure Q1 net profit up
12% (YoY)
IRB Infra results for quarter ended June 30, 2014 (YoY):
Standalone Net profit of the company raised by 12.39% to Rs29.92
crore Vs Rs26.62 crore (YoY). Total Income decreased by 11.31%
to Rs612.95 crore Vs Rs691.13 crore (YoY). Consolidated Net profit
of the company raised by 11.76% to Rs150.39 crore Vs Rs134.56
crore (YoY).
 Arvind spurts over 15% post Q1FY15
earnings
Shares of Arvind Ltd jumped over 15% to Rs243.25 on BSE post
Q1FY15 numbers led by strong revenue & earnings growth while
margins contracts due to Mega mart. Arvind’s consolidated revenue
grew by strong 18.9% on a YoY basis aided by both brands & retail
as well as textile business which grew at 26% and 13% YoY
respectively
 Karnataka Bank Q1 net profit up 29%
(YoY)
Karnataka Bank Ltd has announced the following Unaudited results
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