The Indian stock market rose recovering from recent lows as hopes grew that the US Fed would continue stimulus measures. Key stock indexes including Sensex and Nifty rose. Sun Pharma gained on licensing a drug from Merck. Zee Entertainment rose ahead of its inclusion in the Nifty 50 index. In global markets, Asian stocks rose after the Fed suggested a possible interest rate hike next year. European markets were also up following the Fed statement.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 19TH SEPTEMBER 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK rose, recovering from nearly 2- 1/2-week lows hit in the previous session, as hopes the US Fed Reserve would keep its stimulus measures boosted exporters such as Infosys and other blue chips.
 Further, Sun Pharmaceutical Industries gained 1.6 percent after Merck & Co Inc said it had licensed its experimental psoriasis drug to the company.
 Zee Entertainment Enterprises moved higher by nearly 6% ahead of its entry into the 50-share CNX Nifty index from tomorrow.
GLOBAL FACE
 Asian stock markets reacted quickly to a weaker yen boosting earnings for exporters after the Federal Reserve suggested it is on a track to hike rates at some point next year.
 European stocks were mostly higher, after the Federal Reserve's latest policy statement lent support, while markets awaited the outcome of an upcoming vote on Scottish independence.
 U.S. stocks market rose after the Federal Reserve said it would likely close its bond-buying program in October but stressed benchmark interest rates would remain low for some time afterwards to ensure the economy continues to strengthen.
INDICES
CLOSE
PREVIOUS
SENSEX
27112.21
26631.29
NIFTY
8114.75
7975.50 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
16067.57
15888.67
HANG SENG
24168.72
24376.41
KOSPI
2047.74
2062.61 SECTORIAL INDICES
INDICES
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CHANGE (%)
CNX 100
8065.70
1.79
S&P CNX 500
6560.00
1.82
CNX MIDCAP
11803.05
1.96
CNX 200
4148.70
1.80
BANK NIFTY
16156.85
2.01 TOP GAINERS
SCRIPT
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CHANGE (%)
HEROMOTOCO
30000.00
6.06
LT
1576.70
3.79
DLF
175.45
3.76
BPCL
662.85
3.74 TOP LOSERS
SCRIPT
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CHANGE (%)
INFY
3702.00
-1.04
HUL
749.80
-0.64
SSLT
284.35
-0.09
TECHM
2424.00
-0.03

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
7696
7877
7996
8058
8177
8239
8420 NIFTY SUPPORT RESISTANCE
S1-7925
R1-8120
S2-7865
R2-8180 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
15277
15679
15941
16081
16343
16484
16886 BANK NIFTY SUPPORT RESISTANCE
S1-15820
R1-16230
S2-15660
R2-16340
SCRIPT
CLOSE
CHANGE (%)
TCS
2642.30
1.97
ONGC
413.90
1.56
RELIANCE
1004.90
1.64
ITC
358.70
1.11 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
INFY
3697.00
[1.18]
HUL
749.65
[0.66]
UNITD SPIRIT
2379.50
[0.95]
-
-
- FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1635.63
1796.82 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
46
4
BANK NIFTY
12
0

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
announcement of IKYA Group enters IT Staffing Business in North America.
 BHEL up 3%, bags Rs 3536 cr EPC contract from Gujarat SEC
BHEL bagged contract for setting up a supercritical thermal power project on EPC basis from Gujarat State Electricity Corporation. The contract, won by BHEL against international competitive bidding, is valued at around Rs 3,536 crore and is for setting up a 1x800 MW coal-fired supercritical thermal unit at Wanakbori in Kheda district of Gujarat.
 Apollo Tyres gains 1.5%,Co to set up new facility in Hungary
Apollo Tyres is up 1.5% on the announcement that the company will set up new facility in Hungary. Apollo Tyres will invest Euro 475 million over the next 5 years to setup this facility in the new industrial zone near Gyongyoshalasz, Hungary.
 Hero MotoCorp zooms 6% on capex plan
Shares of Hero Moto Corp moved higher by 6%, after the company said it would set up an ultra-modern manufacturing facility with a capacity to produce 1.8 million units annually in Andhra Pradesh. The plant with an investment of Rs1,600 crore approx will have a production capacity of around 1.8 million per annum.
 OFSS allots shares on exercise of stock options
Oracle Financial Services Software Ltd has allotted 207,916 equity shares of face value of Rs 5 each to the eligible employees of the Company who have exercised their stock options under the Employee Stock Option Scheme 2002, Employee Stock Option Scheme 2010 and Employee Stock Option Scheme 2011.
 Thomas Cook soars 3.6%, Co's subsidiary enters North America
Shares of Thomas cook were up 3.6% after the company made
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