2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended lower, amid weak European cues, as investors turned cautious and booked profits at higher levels after hit fresh record highs in the previous session.
Further, Hindalco ended down 0.6% ahead of the SC verdict on the Mahan Coal block allocated to the company eight years ago to feed its aluminium plant in Madhya Pradesh.
Larsen & Toubro acquired 50% of the stake in L&T-Ramboll Consulting Engineers Ltd (LTR) from its joint venture partner Ramboll Denmark AS.
GLOBAL FACE
Asian stock markets mostly gained on Tuesday led by Tokyo and a weak yen.
European stocks markets were steady to higher, as the European Central Bank's latest policy statement still lent some support and markets continued to monitor developments in Ukraine.
U.S. stocks market fell on the coattails of falling energy companies, whose shares took a dive on slumping oil prices, while a general bout of profit taking sent broader indices edging lower as well.
INDICES
CLOSE
PREVIOUS
SENSEX
27265.32
27319.85
NIFTY
8152.95
8173.90 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
15749.15
15705.11
HANG SENG
25190.45
25240.15
KOSPI
2049.41
2056.26 SECTORIAL INDICES
INDICES
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CHANGE (%)
CNX 100
8109.50
-0.16
S&P CNX 500
6575.35
-0.04
CNX MIDCAP
11773.40
0.40
CNX 200
4164.95
-0.06
BANK NIFTY
16154.20
-0.32 TOP GAINERS
SCRIPT
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CHANGE (%)
CIPLA
577.70
2.53
COAL INDIA
381.80
1.89
INDUSINDBK
630.50
1.63
ITC
359.25
1.50 TOP LOSERS
SCRIPT
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CHANGE (%)
TECHM
2441.90
-1.84
ASIAN PAINT
665.00
-1.63
HCL TECH
1641.00
-1.52
DLF
174.20
-1.47
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
8062
8110
8142
8158
8190
8206
8254 NIFTY SUPPORT RESISTANCE
S1-8125
R1-8180
S2-8105
R2-8210 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
15930
16073
16156
16217
16299
16361
16505 BANK NIFTY SUPPORT RESISTANCE
S1-16110
R1-16295
S2-15960
R2-16385
SCRIPT
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CHANGE (%)
ITC
358.50
1.29
COAL INDIA
380.50
1.55
HDFC BANK
865.75
0.12
SBI
2566.70
0.03 MARKET MOVERS DOWNSIDE
SCRIPT
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CHANGE (%)
TCS
2630.55
[0.46]
ONGC
448.70
[1.42]
RELIANCE
1033.00
[0.45]
INFOSYS
3736.65
[1.19] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1530.08
2038.45 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
22
28
BANK NIFTY
7
5
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
Bank plans to further strengthen its presence and customer reach in the country’s capital with more branches in the coming quarters.
Cipla plans new acquisitions worth Rs100 crore
Cipla will acquire two manufacturing units from its contract manufacturer Okasa for Rs100.93 crore. The first manufacturing facility located at Goa is owned by Okasa Pvt Ltd and the second manufacturing facility located at Satara (Maharashtra) is owned by Okasa Pharma Pvt Ltd.
ICICI Bank to split shares for first time
ICICI Bank has decided to split its shares, for the first time in history, from one share into five shares. Accordingly, additional proportionate american depository shares (ADS) would be issued to maintain the ratio of one ADS to two equity shares. The board of directors of the bank has approved the sub-division of one equity share of the bank having a face value of Rs 10 into five equity shares of face value of Rs 2 each.
Tyre stocks gain as weak rubber, oil prices to boost margins
Shares of tyre companies were up 1-3% as lower raw material costs on account of weak natural rubber and declining crude oil prices would boost margins going forward. Natural rubber and crude oil- based derivatives such as sythethic rubber, carbon black constitute major portion of the raw material used in the manufacture of tyres.
Apollo Tyres at record high, to set up new plant in Hungary
Shares of Apollo Tyres are on a roll after hitting record high of Rs 217.70 per share, up 4 percent. The tyre manufacture is setting up a new plant in Hungary at an investment of 442.2 million euros (about Rs 3,450 crore) and the investment aid given by the country's government has been cleared by European Commission.
Indusind Bank expands presence across New Delhi
Indusind Bank Ltd has opened a new branch across New Delhi. The
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