- The Indian stock market edged higher on hopes that upcoming company earnings and auto sales will show continued economic growth. The central bank's decision to keep interest rates unchanged had little impact. - Several Indian companies saw share price movements, including Muthoot Finance declaring an interim dividend, ABB India winning a large contract, and PC Jeweller expanding into e-commerce by partnering with Flipkart. - Tyre company stocks rallied on falling rubber prices, while housing company HDIL rose after shareholders revoked pledged shares.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 1st October 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK edged higher as blue-chips rose on hopes that upcoming earnings and auto sales will show the economy remains on the mend, while the central bank's decision to keep interest rate unchanged had little impact.
 Further, Muthoot Finance Ltd has declared its first Interim Dividend for the year 2014-15 at the rate of Rs. 4 per equity share.
 ABB India Ltd, a subsidiary of Swiss engineering group ABB, said it has won a Rs 172-crore order from Power Grid Company of Bangladesh Ltd.
GLOBAL FACE
 Asian stock market dropped as a crackdown on pro- democracy protesters in the city outweighed solid gains in the US market.
 European stocks were mostly higher, as investors eyed the release of euro zone inflation and unemployment data later in the day, as well as the European Central Bank's monthly policy meeting on Thursday.
 U.S. stocks market came off earlier lows after expectations that data due for release later this week will be positive offset bearish pressures from Hong Kong unrest and a soft housing report.
INDICES
CLOSE
PREVIOUS
SENSEX
26630.51
26597.11
NIFTY
7964.80
7958.90 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
16173.52
16310.64
HANG SENG
22932.98
23229.21
KOSPI
2020.09
2026.60 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
7905.70
0.06
S&P CNX 500
6415.70
0.12
CNX MIDCAP
11418.30
0.21
CNX 200
4056.20
0.07
BANK NIFTY
15392.25
-0.53 TOP GAINERS
SCRIPT
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CHANGE (%)
ZEEL
314.00
3.49
BPCL
657.85
3.22
SUN PHARMA
856.00
2.42
HDFC
1053.50
2.17 TOP LOSERS
SCRIPT
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CHANGE (%)
DLF
150.30
-5.05
BHEL
198.95
-4.24
POWERGRID
135.20
-3.12
IDFC
137.30
-2.38

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
7759
7866
7915
7973
8022
8080
8187 NIFTY SUPPORT RESISTANCE
S1-7920
R1-8030
S2-7840
R2-8045 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
14948
15232
15343
15516
15627
15800
16084 BANK NIFTY SUPPORT RESISTANCE
S1-15200
R1-15795
S2-14960
R2-15965
SCRIPT
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CHANGE (%)
ONGC
408.55
0.26
RELIANCE
945.70
1.34
ITC
370.20
1.12
HDFC BANK
872.65
0.87 MARKET MOVERS DOWNSIDE
SCRIPT
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CHANGE (%)
TCS
2736.60
[1.13]
COAL INDIA
341.35
[0.63]
INFY
3747.75
[0.03]
SBI
2445.70
[0.16] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1323.36
1088.84 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
24
26
BANK NIFTY
4
8

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
percent after its promoters have revoked all shares pledged with IL&FS Trust Company.
 Apollo Hospitals and Sanofi announce collaboration
Apollo Hospitals and Sanofi announced their decision to collaborate on the expansion of Apollo Sugar Clinics, which provide integrated diabetes care programs in India. Through this collaboration, Apollo and Sanofi plan to leverage their respective expertise in diabetes to provide patients with access to comprehensive educational resources, treatment and care programs that can help patients better manage their diabetes.
 RCom aims to bring debt under Rs200 bn
Reliance Communications aims to bring its debt to under 200 billion rupees in the next 24 months. Reliance Communications, which has a market value of roughly $5 billion, would participate in spectrum auctions when they come up next year, to be able to launch fourth- generation telecommunications services in the country.
 PC Jeweller surges 9%, bets on e- tailing, joins Flipkart
Shares of PC Jeweller surged 9 percent as it expands its footprints into the e-tailing space. The company joined e-commerce major Flipkart to create a platform for online jewellery shopping. The focus will be on the replicating the comfort, convenience and brilliance that is associated with shopping at the jewellery retailer's large format showroom online on Flipkart.
 Tyre stocks rally in volatile markets
Shares of Tyre manufacturers rallied by up to 10% in otherwise subdued market on hopes of higher margins due to falling rubber prices. Prices of natural rubber, the most important raw material for the industry, have dropped to multi-year low in the international market on account of poor demand from countries like China and oversupply of the commodity.
 HDIL up 5%, promoters revoke pledged shares in IL&FS Trust
Shares of Housing Development and Infrastructure jumped 5.
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