2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended flat after recording fresh highs in early trades with auto shares leading the decline amid weak October sales. On macro economic data, factory activity expanded at a modest pace in October, as stronger demand led manufacturers to add jobs for the first time in four months and allowed them to raise prices, a business survey showed on Monday.
Further, The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Market, rose to 51.6 in October from 51.0 in September. The index has now been above the 50 level that indicates an expansion in activity for a year.
Tata Comm rose 2.31% after consolidated net profit rose 14.97% to Rs92.39 crore on 4.87% growth in total income to Rs5235.06 crore in Q2 Sep 2014 over Q2 Sep 2013.
GLOBAL FACE
Asian markets were mixed as investors digested a series of Chinese data. The Japanese markets were closed for a holiday.
European stocks were steady in morning trade, taking a breather after last week's sharp gains, while Ryan air soared after raising its profit outlook.
US stock index futures poised for a lower opening at the Wall Street on Monday.
INDICES
CLOSE
PREVIOUS
SENSEX
27,860.38
27,865.83
NIFTY
8,324.15
8,322.20 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
16,413.76
15,658.20
HANG SENG
23,915.97
23,998.06
KOSPI
1,952.97
1,964.43 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
8,265.85
0.11
S&P CNX 500
6,704.30
0.28
CNX MIDCAP
11,958.30
0.99
CNX 200
4,245.15
0.23
BANK NIFTY
17,134.10
0.65 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
JINDAL STEEL
171.05
5.72
DLF
128.10
2.69
SSLT
260.60
2.52
TECHM
2,580.00
2.47 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
GAIL
497.55
-5.91
COAL INDIA
359.70
-2.93
M&M
1,268.00
-2.92
NMDC
166.10
-2.81
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
8218
8271
8297
8324
8350
8377
8430 NIFTY SUPPORT RESISTANCE
S1-8290
R1-8350
S2-8260
R2-8430 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
16676
16927
17076
17178
17327
17429
17680 BANK NIFTY SUPPORT RESISTANCE
S1-17030
R1-17280
S2-16900
R2-17350
SCRIPT
CLOSE
CHANGE (%)
RELIANCE
1002.35
0.18
ITC
355.45
0.07
INFOSYS
4085.90
0.86
SBIN
2723.45
0.76 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2590.35
[0.67]
ONGC
404.55
[0.15]
COAL INDIA
359.20
[2.05]
HDFC BANK
910.70
[0.13] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
4459.07
3045.73
DII
1334.20
2517.28 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
23
27
BANK NIFTY
8
4
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
Month of October 2014, with total sales increasing from 197,905 units recorded in the month of October 2013 to 241,044 units in the month of October 2014.
Apollo Tyres gains on favorable US court verdict
Apollo Tyres is witnessing fresh buying interest today on the back of favorable US court verdict. According to reports, the Delaware Court in the US passed the motion in favors of Apollo Tyres while hearing the matter between Cooper Tire & Rubber Company vs. Apollo Tyres Subsidiary Companies. Following which, the stock has rallied to a fresh 52-week high at Rs 230.
Deccan Gold Mines hits 20% upper limit
Deccan Gold Mines opened at the 20 per cent upper circuit at Rs 24.65 after the commerce ministry said that it is taking a fresh look at the mining lease application for the Kolar Gold mine, in Ganajur, which is pending since 2010.According to the news, the government is considering a proposal to allow a private company to commercially extract gold from Ganajur gold mines in Karnataka.
Bank of India PAT Rs. 7.86bn; up 26% YoY.
The Bank has posted a standalone net profit of Rs. 7860 million for the quarter ended September 30, 2014 as compared to Rs. 6217.70 million for the quarter ended September 30, 2013. Total Income has increased from Rs. 103395.50 million for the quarter ended September 30, 2013 to Rs. 120994.50 million for the quarter ended September 30, 2014.
Dabur India Q2 net profit at Rs2.87bn
ITC The consolidated net profit of the company stood at Rs. 2.87 billion in the second quarter ended September 30, 2014 as against Rs. 2.5 billion in the same quarter last fiscal. Total Income has increased from Rs. 17.71 billion for the quarter ended September 30, 2013 to Rs. 19.68 billion for the quarter ended September 30, 2014.
TVS Motor Company posts 22% sales growth in October 2014
TVS Motor Company posted a sales growth of 22% during the
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