- Indian equity benchmarks fell to their largest single-day decline since August 1 due to concerns about weak global economic growth from disappointing economic data in Europe and China. - Sectoral indices such as CNX 100 and S&P CNX 500 declined over 1.6% while the Bank Nifty fell 1.8%. Top losers included DLF and Cipla falling over 6% and 4% respectively. - Asian and European markets also declined on worries over Chinese and German economic data, while US stocks fell after existing home sales disappointed investors.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 24TH SEPTEMBER 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK recorded their single-largest fall since August 1 after weaker-than-expected business activity in the euro zone and a survey which showed rise in unemployment levels in China raised concerns that global economic growth is still struggling.
 Further, Shares of India Cements ended lower by 7% after company propose to demerge the said CSK Division to a wholly- owned subsidiary of the Company.
 DLF slips over 6.51%, after BNP Paribas downgrades the stock to 'Reduce' from 'Hold'.
GLOBAL FACE
 Asian stock markets fell as investors throughout the region were cautious ahead of Chinese manufacturing data later in the day.
 European stocks were lower, despite the release of positive Chinese manufacturing data as a disappointing report from Germany weighed.
 U.S. stocks market fell after existing U.S. home sales numbers disappointed investors, while a selloff in small-cap stocks sent broader indices falling as well.
INDICES
CLOSE
PREVIOUS
SENSEX
26775.69
27206.74
NIFTY
8017.55
8146.30 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
16205.90
16321.17
HANG SENG
23837.07
23955.49
KOSPI
2028.91
2039.27 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
7949.65
-1.66
S&P CNX 500
6464.80
-1.70
CNX MIDCAP
11481.10
-1.90
CNX 200
4085.85
-1.70
BANK NIFTY
15902.85
-1.80 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
HCL TECH
1720.00
1.22
WIPRO
585.55
0.70
NTPC
136.90
0.33
TECHM
2472.00
0.11 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
DLF
155.45
-6.75
CIPLA
586.20
-4.36
TATA MOTORS
518.75
-3.94
TATA STEEL
483.65
-3.44

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
7758
7910
7963
8061
8115
8213
8365 NIFTY SUPPORT RESISTANCE
S1-8000
R1-8160
S2-7940
R2-8180 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
15399
15713
15821
16027
16135
16341
16655 BANK NIFTY SUPPORT RESISTANCE
S1-15820
R1-16290
S2-15660
R2-16340
SCRIPT
CLOSE
CHANGE (%)
ITC
37.80
0.01
HUL
742.05
0.05
WIPRO
582.70
0.21
HCL TECH
1724.45
1.48 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2688.20
[1.23]
ONGC
407.30
[2.82]
RELIANCE
965.85
[2.59]
COAL INDIA
335.15
[2.29] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1309.17
1277.68 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
6
44
BANK NIFTY
0
12

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
centre in North Carolina in the US, creating an additional 1,237 jobs by the end of 2018.
 Arvind allots equity shares
Arvind has announced that the Management Committee of Board of Directors, at its meeting held on September 23, 2014, has allotted 33,340 Equity Shares of Rs10 each pursuant to exercise of stock options by eligible employee under the Employee Stock Option Scheme 2008 of the Company.
 Coal India signs 161 FSAs for a capacity of 73,675 MW
Coal India has entered into fuel supply pacts with 161 power units for a capacity of 73,675 MW. As many as 172 FSAs are to be signed in this regard worth 78000 MW. The company was earlier planning to import 6mt, but a sharp jump in local prices due to recent closures of mines has forced it to consider more shipments. Global spot iron ore prices have fallen 40% this year to their lowest levels since 2009 as global miners flood the market with low-cost supply.
 OFSS allots equity shares
Oracle Financial Services Software announced that the ESOP Allotment Committee at its meeting held on September 23, 2014 allotted 192,316 equity shares of face value of Rs5 each to the eligible Employees & Director 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.
 JSW Steel to import 10 mn tonne of iron ore due to local shortage
Shares of Colgate Palmolive Ltd ended 2% up after the company has announced that the Board of Directors of the Company at its meeting held on September 22, 2014, has declared a first interim dividend of Rs. 8 per equity share of Re. 1 face value for FY 2014- 15.
 HCL Tech plans to invest $9 million
in North Carolina centre HCL Technologies plans to expand its existing global delivery
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